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The John Lewis Partnership has announced a 99% drop in profits for the first half of the year.  Sir Charlie Mayfield, the chairman of John Lewis Partnership, has said that the retail sector was facing ‘challenging times’. The results, which include Waitrose, show that profits from the previous year, up until July...

Dunelm have announced a 6.7% fall in underlying pre-tax profits to £109 million. In the year up to June 30th, group revenue rose by 9.9% to £1.05 billion and like-for-like sales rose by 4.2% Nick Wilkinson, chief executive of Dunelm, said: “The UK retail environment remains challenging, but against this difficult background...

The opening date for the new ICON Outlet has been set for the 20th October.   The 210,000 square foot outlet, has signed up a host of new brands including Cheaney Shoes, Hobbs, Phase Eight, Cath Kidston, G-STAR Raw, James Lakeland, Tateossian, Gap, The Cosmetics Company Store, Lindt, Rolling Luggage and The...

Superdry has appointed a new chief product officer.  Brigitte Danielmeyer comes to the role from Tommy Hilfiger, where she was the global head of womenswear.  It has also announced new plans to launch ‘Superdry Preview’, which is a series of new disruptive fast-fashion ranges. Danielmeyer has a vast range of fashion...

Burberry is to make items from its new chief creative officer’s first collection for the brand available for 24 hours through a series of releases on social media. Riccardo Tisci’s limited edition designs will be available exclusively via Burberry’s Instagram and WeChat accounts from 5.30pm on 17 September, following Burberry’s London...

Debenhams expects its full year pre-tax profit before exceptional items to come in at around £33 million. The department store also anticipates that EBITDA will be around £157 million. The announcement has been made to reassure investors following the news that Debenhams has appointed advisers from KPMG to help it consider...

JD Sports has reported that its pre-tax profit in the first half of its financial year rose by 19% to £121.9 million. In the six months to 4 August EBITDA climbed by 26% to £171.8 million while revenue increased by 35%. Total like-for-like sales grew by more than 3%. Peter Cowgill, JD...

Marks & Spencer has signed up Holly Willoughby as a brand ambassador for its women’s fashion collections. From the end of this month, Holly Willoughby will be highlighting her “must-have’ pieces” from the retailer’s autumn range. Commenting on the partnership, Willoughby said: “I have grown up with and have always loved...