10 recent articles.
There are concerns about the future of more than 1,000 UK manufacturing jobs after the owner of Boots sold its manufacturing business to France-based specialist Fareva, including the Nottingham factory that it opened in the 1930s. The deal will mean the transfer of about 1,100 jobs in Beeston, near Nottingham,...
The Arcadia Group have announced that the brand will provide “on-trend” looks for boys and girls aged between 18 months and 12 years old. Mitch Hughes, a buying director within Arcadia, said: "Launching a childrenswear range follows extensive customer research amongst families who shop across all the Arcadia brands, they...
In the 13 weeks to July 1st, in-store like-for-likes sales grew by 4.2% and online sales increased by 39%, leading total sales to rise by 7.6%. Helen Connolly, chief executive of Bonmarché said: “I am pleased with the improvement in trading and in particular the further progress in online sales…Whilst...
John Lewis saw fashion sales rise by 15.5% after the retailer achieved a 34.5% uplift in womenswear sales. Its denim lifestyle brand AND/OR was a stand-out performer. Beauty, wellbeing and leisure also had a strong week with sales up 13.4%. Home sales climbed by 11% as the textiles and home accessories...
Fashion retailer Joules has revealed soaring profits in its “very exciting” first year after going public. In the 52 weeks to May 28th underlying profits jumped by 34% to £10.1 million, while underlying EBITDA increased by 25.3%. Sales across all channels saw similar growth, with group sales rising 19.6% to £157 million....
Boden is set to open a bricks-and-mortar store in October 2017. The 1,821 square foot store will offer Boden’s adult ranges as well as special collections such as Boden Icons and Mini Boden for children. The store will be part of a line-up that includes Zara, Cos, Joseph, Trilogy, Whistles and...
Chief executive of Games Workshop, Kevin Rountree, said "we've had another fun and exciting year and made significant progress on our strategic initiatives. You can see from these results that our business and our hobby are in good shape.” In the year to May 28th, pre-tax profit increased to £38.4...
Under the terms of the deal, Jimmy Choo shareholders will receive 230p per share, with Michael Kors chairman and chief executive John Idol adding “we believe that Jimmy Choo is poised for meaningful growth in the future and our company is committed to supporting the strong brand equity that Jimmy...
The VF Corporation announced that Eric Wiseman’s retirement, effective from October 28th, will finish its planned leadership succession process which began with the promotion of Steven Rendle to president and chief operating officer in June 2015, and to chief executive in January of this year. Commenting on the plan, Wiseman...
Plans to build a new Westfield shopping centre in Croydon continue to be delayed as they are still pursuing an agreement with John Lewis to set up a flagship department store in their proposed supermall. The delay adds to the ongoing list of concerns for the mall which include economic...
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