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Deliveroo set to open in 10 new towns 1 day ago

Deliveroo is set to open in 10 new towns, with reports suggesting that the planned expansion could create up to 70,000 new jobs. According to an analysis by Capital Economics, Deliveroo has already created 25,000 jobs in the UK since it launched six years ago. The new areas include Burton upon Trent,...

Clas Ohlson to become official sponsor of Mamma Mia! The Party 1 day ago

Clas Ohlson is to become the official partner of Mamma Mia! The Party as the show makes its London debut. The long term sponsorship will supported by marketing, PR and social media campaigns, which will run with the theme #BeMoreSwede. Jon Peacock, country manager at Clas Ohlson, said: “ABBA is one of...

Rihanna launches new brand with LVMH in Paris 1 day ago

Rihanna has unveiled her new fashion brand with LVMH in Paris. The brand is called Fenty and will offer a full range of clothing, shoes and accessories. The range was unveiled in a Paris store in the Marais district.  It features a collection of white or beige jackets with wide shoulders and...

B&M reports strong profit and sales growth 2 days ago

B&M’s full year pre-tax profit has increased by 10.3% to £249.4 million. The retailer posted a 17.1% growth in group revenue to £3.5 billion.  This comes after new store openings drove a revenue growth of 8.7% in the UK. Simon Arora, B&M chief executive, said: “B&M has again delivered strong results against the...

JYSK opens first store in Azerbaijan 2 days ago

JYSK has opened its first store in Azerbaijan. The store is a franchise and is situated in Baku, the country's capital.  The store will be in a 1,105 square metre unit. The furniture retailer already has franchise stores operating in Armenia and Georgia. JYSK franchise director Frederik Kroun said: “We are already represented...

Body Shop owner Natura purchase Avon for £1.6 billion 2 days ago

Natura has announced the acquisition of Avon. The group already owns The Body Shop and Aesop and is Brazil’s top cosmetics business. Natura will hold a 76% of the combined company, which will have a total annual revenue of over $10 billion. The combined company will have a total of 3,200 stores worldwide,...

Jamie Oliver restaurant group falls into administration 3 days ago

Jamie Oliver’s restaurant group has fallen into administration, costing 1,000 people their jobs. The group includes Jamie’s Italian, Barbecoa and Fifteen.  It has appointed KPMG as its administrators. 22 of the 25 restaurants in the group have now closed. Jamie Oliver injected £4 million of his own money back into the group this...

Urban Outfitters set to rent out clothing 3 days ago

Urban Outfitters is set to launch a service that will allow customers to rent items of clothing. The online subscription service will let people borrow up to six items of clothing to wear for a month before swapping them out. The service will be for womenswear and will be called Nuuly.  It...

Superdry appoints Nick Gresham as interim CFO 3 days ago

Superdry has appointed Nick Gresham as its interim Chief Financial Officer. Gresham currently works as the CFO for cycling retailer Wiggle, and has also held the same role at Oak Furnitureland and Connect Group.  He has also worked in several finance roles at Homebase, Home Retail Group, GUS and Debenhams. He will...

Fenty set to debut first collection in Paris 4 days ago

Fenty, LVMH’s new brand founded by Rihanna, will debut its first collection at a pop-up shop in Paris on May 24th. The brand will offer a collection of ready-to-wear, footwear, accessories and an eyewear line. The first campaign clip was launched on YouTube.  It features a diverse cast and outlines a range...

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