All articles by Ritika Bhoora – Page 28
-
NewsBRC warns bottle-recycling scheme may cost retailers £1.8bn a year
Retailers are calling on the government to review plans to introduce a bottle-recycling deposit return scheme (DRS) that may cost the sector at least £1.8bn a year, according to new research from the British Retail Consortium.
-
GalleryLululemon opens newly renovated store in Hong Kong
Global athleisure brand Lululemon has opened the doors to a newly renovated store in Hong Kong at the city’s IFC mall.
-
NewsPrimark and Tesco join M&S in ‘Say Pants to the Tax’ campaign
Primark and Tesco are the latest retailers to join the Say Pants to the Tax campaign launched by Marks & Spencer and Wuka calling on the government to make period pants free from VAT.
-
NewsFarfetch sales dip as brand platform faces challenges
Farfetch has reported declining sales and profit, “primarily driven by a 42.2% decrease in brand platform revenue”.
-
NewsRetail sales fall in July as wet weather takes a toll
Retail sales fell in July compared with a steady rise in June as wet weather took its toll, according to the Office for National Statistics (ONS).
-
NewsRetailers prepare for sales boost ahead of women’s World Cup final
Retailers including Waitrose, John Lewis, Asda, Marks & Spencer and Boohoo are expecting a boost in sales as football fans prepare for the Women’s Fifa World Cup final on Sunday.
-
AnalysisHow can The Body Shop reverse its fortunes as profits take a hit?
As The Body Shop reports dwindling sales in the second quarter of the year, Retail Week takes a closer look at what the bath and body retailer can do to turn the tide
-
InterviewQ&A: Superdrug’s own-brand director Jamie Archer on democratising beauty
Superdrug own-brand director Jamie Archer talks to Retail Week about democratising beauty for all and why he thinks Superdrug is the most inclusive shop on the high street
-
NewsThe Body Shop reviewing ‘every aspect’ of its business as profits hit
Cosmetics giant Natura & Co posted strong profitability driven by gross margins but said The Body Shop is ”fundamentally reassessing every aspect of its business” as profits fell.
-
NewsL’Occitane shares jump as owner mulls deal to take group private
Beauty and skincare brand L’Occitane saw a jump in share price on the Hong Kong Stock Exchange as the controlling shareholder is in advanced talks on a potential deal to take the company private.
-
NewsFrasers Group takes new Meadowhall flagship as part of physical expansion
Frasers Group has announced the signing of “significant leases” with British Land, “reinforcing the group’s commitment to physical retail in the UK”.
-
NewsSuella Braverman calls for Oxford Street perpetrators to be ‘hunted down’
The Metropolitan Police made nine arrests yesterday as hundreds of teenagers gathered outside JD Sports as a robbery campaign went viral on Snapchat and TikTok.
-
NewsMajestic Wine partners with Uber Eats
Majestic Wine has announced a partnership with Uber Eats as it accelerates its on-demand delivery ambitions.
-
NewsMarks Electrical hails strong sales ahead of AGM
Marks Electrical hailed strong sales growth in the first four months of the year “driven by excellent customer service” ahead of its AGM today.
-
NewsWatches of Switzerland sales dip
Watches of Switzerland has reported a fall in total sales but said performance remains “in line with our guidance and expectations” in the first quarter ending July 2023.
-
NewsUnder Armour sales slip against ‘challenging consumer environment’
In a trading update for the first quarter ending in June, Under Armour reported total sales of $1.3bn (£1.02bn), down 2% from the same period last year, and 1% in currency-neutral terms. Operating income was $21m (£16.5m) and net income was $9m (£7m).
-
NewsJD Sports takes full ownership of Poland’s MIG
JD Sports has entered “a conditional agreement to acquire the outstanding 40% minority stake” of Marketing Investment Group (MIG) making it the 100% sole owner of the Poland-based footwear and clothing company.
-
NewsRetail sales slow down as damp weather kicks in
UK retail sales slowed down in the month of July as damp weather “did no favours to sales of clothing and other seasonal goods”.
-
GalleryInside a Peppa Pig-themed playroom at the Natural History Museum
Toy and game company Hasbro has opened the doors to a Peppa Pig-themed playroom at London’s Natural History Museum.
-
NewsClintons mulls closing 38 stores
Clintons is considering closing 38 stores – approximately one-fifth of its store estate – to avoid insolvency, The Times has reported.