All articles by Ritika Bhoora – Page 9
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NewsTHG is slashing 171 jobs as it orders all staff back to office five days a week
THG is set to cut 171 jobs across various departments as it puts an end to flexible working by calling staff back to the office for five days a week, starting from August 19, 2024.
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NewsSephora has delivered ‘exceptional’ growth but LVMH sales and profit take a hit
Sephora has delivered double-digit growth despite parent group LVMH seeing a fall in sales and profit in the six months to June 30, 2024.
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GalleryLush is opening a new Perfume Library in the heart of London
Lush is set to open a new Perfume Library concept store to highlight the health and beauty retailer’s extensive range of perfume and scents.
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NewsIkea is opening 100 new click-and-collect points at Tesco stores
The Swedish home retailer plans to expand its partnership with Tesco to open 100 new click-and-collect points at the supermarket.
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NewsAsda is bracing for further strike action for a second time
More than 150 Asda workers are getting ready to walk out in a further strike action claiming the supermarket has failed to address dispute points, according to GMB.
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InterviewQ&A: Elemis’ global president on becoming the number one British skincare brand
As Elemis opens its first standalone store in the UK, co-founder and global president Noella Gabriel talks to Retail Week about the new shop, appealing to all generations and what’s to come for the skincare brand in the future
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NewsThe Body Shop may emerge from administration in August
The Body Shop may come out of administration in August as prospective new owner Auréa takes charge of developing a long-term growth plan.
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InterviewFrasers CFO on the key to Sports Direct’s success, new brands on Frasers Plus and the resilience of the luxury sector
As Frasers Group posts profits at the top of its guidance, Retail Week speaks to chief financial officer Chris Wootton to talk about the results, Frasers Plus, present and future acquisitions and more.
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NewsDunelm sales have risen driven by a growth in volume
Homewares retailer Dunelm has reported a growth in sales in its last quarter and the full year as sales volumes grew despite uncertain market conditions.
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NewsFrasers has reported increased profit despite sales dip in ‘break-out’ year
Frasers Group has posted profit at the top of its guidance range despite a dip in sales for the 52 weeks ending April 2024.
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AnalysisThe Body Shop: Who are the new prospective owners and what do they mean for the chain?
As The Body Shop enters an exclusivity agreement with investment firm Auréa, Retail Week takes a closer look at its prospective new owners and what a potential takeover could mean for the troubled beauty chain.
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NewsThe Body Shop is on the brink of being saved by a British tycoon led investment firm
Administrators of The Body Shop have entered into an exclusivity agreement with a consortium led by investment firm Auréa to secure the future of the beauty chain in administration.
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NewsTala has raised £5m in investment as it eyes international expansion
Activewear brand Tala has secured a new round of funding as it looks to expand into international markets as the demand for athleisurewear continues to grow.
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NewsSephora expands deeper into the UK with sixth store opening
French cosmetics giant Sephora is expanding deeper into the UK as it announced its sixth store due to open this winter.
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InterviewBen Francis: The entrepreneur behind Gymshark’s peak fitness
Gymshark has come a long way since Ben Francis started the business from his parents’ garage more than a decade ago. As it opens its second store, the founder tells Retail Week why community and culture will lift the retailer to the next weight class
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NewsDecathlon has unveiled a new ‘game-changing’ subsidiary
Decathlon has launched a new subsidiary named Decathlon Pulse as it looks to invest and partner with innovative people and businesses to take it forward in the sports and wellness market.
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NewsGymshark gives staff a day off as England heads into the Euro 2024 final
Gymshark has announced a day off work for its UK employees as England heads into the Euro 2024 final after beating the Netherlands last night.
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GalleryUS athletic brand Champion launches sports bar takeover at Selfridges
Athletic and lifestyle brand Champion is taking over Selfridges to open ‘Champion Sports Bar at Harry Gordon’s’ to celebrate the summer of sport.
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NewsTHG is extending its next-day delivery deadline as late-night shopping booms
THG’s UK customers will be able to place orders for next-day or same-day delivery until 1am, seven days a week as the retailer hops on the late-night shopping trend.
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NewsHolland & Barrett sales have risen after a year of ‘excellent progress’
Holland & Barret has reported a growth in sales in all markets driven by investment in stores, technology and new product development as part of its transformation strategy.