All News articles – Page 86
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NewsFrasers pulls plug on Mulberry takeover bid over governance concerns
Frasers has announced that it does not intend to make a revised offer for taking over Mulberry, citing increasing governance issues and the “apparent lack of a commercial plan against a backdrop of increasing market headwinds”.
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NewsL’Oréal sales increase driven by growth in all divisions
L’Oréal posted sales growth in the nine months to September 2024, which was “well-balanced between value and volume” driven sales despite multiple turbulences in the third quarter.
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NewsHarrods dealing with over 250 claims against former owner Al Fayed
Embattled department store Harrods is in the process of dealing with over 250 claims for compensation being bought against it by former employees alleging historic sexual misconduct against former owner Mohamed Al Fayed.
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NewsAmazon has expanded its same-day delivery service to 80 UK towns and cities
Pureplay giant Amazon has expanded its same-day delivery service to more than 80 towns and cities across the UK.
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NewsVirgin Wines boss credits ‘really encouraging’ performance of value brand for return to profitability
Virgin Wines boss Jay Wright has credited the “really encouraging” performance of Warehouse Wines for the retailer’s return to profitability.
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NewsFanatics set to open its first standalone store in the UK
Exclusive: Digital sports platform and licensed sports merchandise retailer Fanatics is set to open its first standalone store in the UK on Regent Street, London.
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NewsAllSaints has hired a new global ecommerce director from Fat Face
Fashion retailer All Saints has appointed a former Fat Face director to head up its global ecommerce operations.
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NewsTwo-thirds of retail workers are not worried about their jobs being automated
Nearly two-thirds of UK retail workers are not worried about their jobs becoming automated in the future, according to a study by YouGov commissioned by global technology company SafetyCulture.
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NewsMulberry board backs owner’s decision to reject Frasers takeover bid
Mulberry’s board has backed its owner and largest shareholder’s decision to reject a takeover bid by Mike Ashley’s Frasers group calling the offer “untenable”.
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NewsWickes sales rise driven by volume and market share growth
Wickes has reported a rise in sales as it “successfully” grew volumes and market share in the 13 weeks to September 2024.
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NewsSosandar narrows losses despite fall in sales
Fashion retailer Sosandar has narrowed losses for the six months to September 2024 despite a fall in sales as it improves gross margins.
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NewsHalfords posts flat sales as consumer outlook remains uncertain
Cycling and motoring specialist Halfords has reported flat sales for the 26 weeks ending September 2024 as “consumers remain cautious in their discretionary spending”.
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NewsAmazon has renamed its pre-owned division to Amazon Resale
Amazon has renamed its division offering quality used, returned, pre-owned or open-box products from Amazon Warehouse to Amazon Resale.
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NewsThe Perfume Shop partners with Deliveroo to offer on demand ‘emergency spritz of perfume’
The Perfume Shop has partnered with Deliveroo to offer an “emergency spritz of perfume on demand” service called “Eau De-Liveroo Rider”.
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NewsAsda makes new senior appointments to ‘help drive 2025 growth ambitions’
Asda has today unveiled two new senior appointments to “help drive its growth ambitions in 2025”.
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NewsOcado eyes up former Microsoft exec as next chair
A former Microsoft executive is being eyed up by online grocery technology giant Ocado, according to reports by Sky News.
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NewsWHSmith is relaunching vinyl in its high street stores after 30-year absence
WHSmith is bringing vinyl back into 80 of its high street stores across the UK following “growing customer demand” for the product.
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News‘Serial returners’ are expected to generate £6.6bn of online returns this year
Customers who are deemed “serial returners” are expected to account for £6.6bn of online returns in the UK this year, according to new research by Retail Economics and ZigZag.
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NewsThe Retail Trust is providing free training for staff dealing with abusive customers
The Retail Trust will run free training sessions to arm retail workers with the skills to manage challenging in-store situations this Christmas.
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NewsHolland & Barrett seeks to build travel store estate
Wellbeing specialist Holland & Barrett aims to extend its presence in travel hubs after the success of existing stores in such locations.