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Khaadi, the international clothing brand, has opened its debut Scottish store at Silverburn, Glasgow. The interior of the new store is a fusion of design elements from East and West and is finished with natural materials which best showcases the vibrant designs of Khaadi’s clothing and accessories range. Commenting on the opening,...

House of Fraser is set up to unveil plans to close more than half its stores. The retailer’s Chinese owner is coming to near completion of a restructuring proposal that will put thousands of jobs at risk. The store closures will be undertaken through a Company Voluntary Agreement (CVA), a controversial insolvency...

Men’s and women’s lifestyle brand Joe Browns has recorded over £1.25 million sales in its first 7 months of trading in its flagship retail store.  Simon Brown, MD and founder of Joe Browns, said: “Our first store very quickly passed the £1.25m sales mark and over 25,000 customers have now made...

Bank holidays and the royal wedding helped to boost retail sales in May, a survey has indicated. The British Retail Consortium said total sales rose by 4.1% in May from a year earlier, the fastest pace for more than four years. However, the BRC said that retail conditions remained tough, with growth...

Quiz has increased its revenue by 30% to £116.4 million in the year to 31 March. While online revenue climbed by 158% to £30.6 million, revenue from UK stores and concessions rose by 12% to £64.6 million. Tarak Ramzan, Quiz founder and chief executive, said: ”We are pleased to report a very...

WH Smith has put out a report of a 1% uplift in sales in its third quarter. In the 13 week period from 1 March to 2 June, group sales increased by 4%. WH Smith’s travel business, which includes stores at airports and rail stations, saw its total sales climb by 8% with...

Howard Schultz, The Starbucks executive chairman, who oversaw the evolution of the coffeehouse into a global powerhouse, said he is quitting the company after nearly four decades. Mr Schultz, who retired as chief executive last year, is to leave his seat on the board on 26 June. In an interview with the New York Times,...

The shopping centre operator of Westfield has unveiled their vision for the shopping centre of the future by releasing a series of images to show what shoppers can look forward to in 2028. The concept is called ‘Destination 2028’ and is depicted as a hyper-connected micro-city, driven by social interaction and creating its...

The 2018 Council of Fashion Designers of America (CFDA) Awards happened on Monday night. The ceremony is held to acknowledge those who perform best at a variety of fashion categories. Supreme won the award for Menswear Designer of the Year, beating out fellow nominees Virgil Abloh for Off-White, Thom Browne, Tom Ford, and Raf Simons for Calvin...

Chocolatier Hotel Chocolat have repaid all of the £6.4 million of debt borrowed from its customers in the form of what they call 'chocolate bonds'. Around the time of 2010 and 2014, a subsidiary of the group called Chocolate Tasting Club issued two bonds which paid a return in the form of luxury...