All News articles – Page 503
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NewsMulberry hit by House of Fraser collapse as sales plunge
Mulberry UK retail sales plunged 11% in its first half as House of Fraser administration and “soft” retail conditions bite.
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NewsM&S profits rise but sales continue to fall
Marks & Spencer profits have risen but sales fell as boss Steve Rowe vows to “leave no stone unturned” in his quest to transform the business.
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NewsNew Look boss: 'We’re going from defence to attack'
New Look executive chairman Alistair McGeorge has vowed to take on the market once more, saying the business will soon stop being in defensive mode.
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NewsMorrisons hails ‘strong’ third-quarter sales
Morrisons has hailed a “strong” third-quarter performance despite suffering a slowdown from its summer sales spike.
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NewsEx-US Topshop manager alleges Philip Green harassment
The former manager of Topshop’s Las Vegas flagship, Auna Irvine, has become the first person to publicly allege that Philip Green harassed her.
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NewsPrimark sales and profits rise driven by the UK
Primark has posted increases in its preliminary profits and sales, bolstered by strong UK sales which defy the wider fashion downturn.
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NewsNew Look first-half profits up, driven by cost savings
New Look has recorded an increase in its interim profits despite a fall in sales as the retailer delivered £70m in cost-cutting initiatives.
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NewsRetail sales growth sluggish in 'non-starter' October
Retail sales edged up in October but remained “low by historical standards” as Black Friday anticipation and Brexit jitters dampened demand.
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NewsAmazon unveils ‘biggest ever’ Black Friday offers
Amazon has ramped up its Black Friday deals this year, which will span a 10-day period and be sold online and through a dedicated pop-up.
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NewsTed Baker unveils its first-ever advert
Ted Baker is launching its first-ever advert this month, with the campaign running across physical, social, print and online.
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NewsLidl ploughs £8m into raising wages for 17,000 staff
Lidl has increased salaries for its hourly paid employees in line with Living Wage rates, marking a 30% increase in pay for London-based staff over four years.
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NewsThe Range posts profit fall after taking sterling hit
Profits at value general merchant giant The Range fell last year after the weakness of sterling hit performance.
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NewsMike Ashley deals take toll of thousands of retail jobs
Mike Ashley’s takeovers of well-known retailers have cost 6,000 retail jobs and more than £1bn in unpaid bills.
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NewsM&S considered splitting food and fashion arms
Marks & Spencer looked into separating its food and apparel divisions but opted not to after deciding it would not create shareholder value.
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NewsAgenda: Sainsbury's, M&S, Morrisons, Primark and more
Retail Week looks ahead to the next seven days with updates from Marks & Spencer, Sainsbury’s, Morrisons, Primark and more on the agenda.
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NewsB&Q turns its back on Black Friday promotions
DIY giant B&Q will not take part in the Black Friday promotional extravaganza this year.
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NewsIkea UK sales buoyed by store openings and digital growth
Ikea has posted an increase in UK sales but insisted that the business would continue to evolve amid “a challenging retail and economic environment”.
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NewsDebenhams retail and digital director exits
Debenhams managing director of retail, digital, food and events is leaving the business next year.
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NewsPhilip Green was a ‘bully’, ex-Topshop director claims
Sir Philip Green has been branded a “bully” by one of his former senior executives amid claims about his behaviour towards staff.
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NewsCarpetright ‘heavily impacted’ by CVA ‘disruption’
Carpetright has admitted that trading in the first half of its financial year has been “heavily impacted by disruption” from its CVA plan.