All News articles – Page 539
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NewsM&S’ Berendji adds property to role in top team changes
Marks & Spencer has promoted Sacha Berendji to the newly created role of retail, operations and property director.
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NewsM&S poaches Steinhoff UK boss Machin as new food MD
Marks & Spencer has hired the current boss of Steinhoff-owned Harveys and Bensons for Beds Stuart Machin for the newly created role of food managing director.
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NewsMaplin fails to secure buyer, axes head office roles
Maplin has made a further 66 redundancies at its head office as administrators confirmed that a buyer for the business has not been found.
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NewsRetail sales rebound in February after two-month decline
Retail sales rebounded in February following two months of sharp declines, despite continued price rises across fashion and homewares.
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NewsTed Baker profits ascend despite 'challenging' market
Ted Baker has reported healthy rises in its full-year profits and sales in what boss Ray Kelvin labelled a “good performance”.
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NewsConviviality warns on profits as it seeks £125m funding
Bargain Booze owner Conviviality has kicked off a £125m fundraising round to “recapitalise” the business and warned that without additional investment it could collapse.
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NewsSuperdrug launches vegan beauty pop-up shop
Superdrug has opened a pop-up shop in London’s Shoreditch Boxpark to capitalise on the rapidly growing vegan beauty trend.
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NewsAgenda: Game, Conviviality, Moss Bros and DFS
Retail Week looks ahead to the next seven days, with updates from Game, Conviviality, Moss Bros and DFS on the agenda.
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NewsEsprit snaps up former New Look boss Kristiansen
New Look’s previous chief executive Anders Kristiansen has been appointed to the same role of fashion firm Esprit as it ramps up its Chinese growth ambitions.
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NewsNew Look CVA approved, 60 stores to close
New Look’s landlords have approved its Company Voluntary Arrangement, paving the way for the retailer to shutter 60 stores.
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NewsM&S hires Julian Richer to drive cultural change
Marks & Spencer has hired Julian Richer to advise it on culture change and staff communication, Retail Week can reveal.
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NewsSainsbury’s ploughs £150m into new round of price cuts
Sainsbury’s has initiated a new round of price cuts which it says should reduce the price of an average family shop by 8%.
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NewsScS profits rise but Beast from the East hits orders
ScS’ half-year earnings have risen, although the value furniture retailer’s recent sales were hit by adverse weather conditions, when orders were affected by the snow.
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NewsKingfisher profits decline as B&Q sales drop
Kingfisher’s full-year profits have declined, dragged down by business disruption and a “softening market” in which B&Q sales fell.
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NewsMoss Bros issues full-year profit warning
Moss Bros has issued a profit warning, blaming a reduction in footfall and a consolidation of its supplier base following the weakness in sterling.
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NewsMothercare lenders defer covenant testing
Mothercare’s lenders have agreed to defer covenant testing as it scrambles to secure additional sources of financing.
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NewsCarpetright secures emergency capital as it mulls CVA
Carpetright has secured emergency capital to tide it over as it sets about restructuring the struggling business.
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NewsMothercare drafts in KPMG to advise on refinancing
Mothercare has appointed KPMG to advise on its refinancing as it seeks waivers of some of its financial covenants and attempts to raise more cash.
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NewsPottery Barn to launch in John Lewis this year
Williams Sonoma will launch its Pottery Barn brand in the UK with John Lewis later this year.
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NewsJohn Lewis weekly sales inch up driven by home tech
John Lewis sales edged up last week as a boost in electricals and home technology offset flagging performance elsewhere.