All News articles – Page 496
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NewsTFG management reshuffle as Hobbs’ Meg Lustman exits
The Foschini Group London is reshuffling its management team as Hobbs chief executive Meg Lustman exits.
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NewsMissguided enlists Andy Bond as strategic adviser
Missguided has recruited Pepkor Europe chief executive Andy Bond as a strategic adviser, Retail Week can reveal.
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NewsA messy, disruptive exit? Retail leaders' Brexit verdict
As prime minister Theresa May successfully overcomes a vote of no confidence, retail leaders have weighed in on another week of Brexit drama.
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NewsAshley pleads with Debenhams boss – accept our help or fail
Mike Ashley has written to the board of Debenhams, urging them to accept funds from Sports Direct or risk not surviving.
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NewsIkea expands city centre format with second London store
Ikea will open its second Planning Studio format store in Bromley as part of its strategy to expand its bricks-and-mortar presence in city centres.
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NewsSports Direct reveals first-half profits boost
Sports Direct has reported a rise in first-half earnings but cautioned that there will be “significant challenges” in turning around House of Fraser.
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NewsOcado posts fourth-quarter sales rise as orders increase
Ocado has reported a 12% increase in sales during its fourth quarter.
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NewsBonmarché warns on profits as Brexit fears take toll
Fashion retailer Bonmarché has warned that it may plunge into loss this year in “unprecedented” trading conditions.
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NewsFarfetch acquires online marketplace Stadium Goods
Farfetch has struck a deal to acquire upscale sneaker and streetwear online marketplace Stadium Goods.
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NewsCath Kidston losses widen due to weak pound
Cath Kidston recorded increased full-year losses despite a rise in sales and “significant growth in ecommerce”.
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NewsSuperdry profits plunge prompts full-year warning
Superdry profits plunged 49% in its first half as the fashion retailer warns on full-year earnings and steps up its transformation plan.
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NewsDixons Carphone posts £440m loss as Baldock reveals strategy
Dixons Carphone boss Alex Baldock has set out his strategy to focus on online and credit as it dials up a £440m half-year pre-tax loss.
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NewsSainsbury's-Asda seeks judicial review of CMA merger probe
Sainsbury’s and Asda will today lodge an application with the Competition Appeal Tribunal for a judicial review of the Competition and Markets Authority’s investigation into their proposed merger.
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NewsTrouva snaps up ex-Uber director as chair
Trouva has hired a former Uber executive as chair as the online marketplace pursues ambitious expansion plans.
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NewsMarks & Spencer appoints Sainsbury's saviour King to board
Former Sainsbury’s chief executive Justin King is to join the board of Marks & Spencer as a non-executive director in the new year.
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NewsGrocery sector hits slowest growth rate for 18 months
The grocery sector has recorded its slowest growth rate since March 2017 as inflation and the cold weather bites.
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NewsPoundstretcher profits decline as sales dip
Poundstretcher’s full-year profits have fallen by a quarter as it looks to rejig its store estate to focus on larger retail park leases.