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The upcoming royal wedding is expected to generate £561 million in retail sales in the UK, as fashion sales thanks to “the Meghan effect” skyrocket. According to new research from IBISWorld sales of commemorative one-off objects like ceramics, stemware and coins will be the largest driver of sales, estimated to produce...

N Brown saw group revenue in the 52 weeks to March 3 rise 3.9 per cent to £922.2 million, thanks to strong gains by Simply Be, JD Williams and Jacamo. The retailer’s three ‘power brands’ all reported increases in revenue, with Simply Be up 16.3 per cent year-on-year, Jacamo rising 5.1...

Fast fashion retailer Boohoo posted a 97 per cent rise in group revenues to £579.8 million in the year to February 29, with strong growth across all of its markets. The pure-play retailer said revenues in the UK had nearly doubled, rising 95 per cent, with international up 99 per cent. Adjusted...

All eyes on Gucci as parent company Kering reported a 48.7 per cent rise in revenues for the luxury fashion brand. Revenues at Kering rose 36.5 per cent in the first three months of the year to EUR 3.11 billion (£2.72 billion) on a comparable basis. The results were led by Gucci,...

Amazon Prime members can now choose to have their packages delivered to the inside of their cars in an attempt to reduce theft of packages outside front doors. The online retail giant has launched the service across 37 cities in the US in partnership with General Motors and Volvo and will...

Australian department store Myer has appointed John King, the former House of Fraser head, as its new chief executive following an international search. He will succeed Richard Umbers who stepped down earlier this year. King was chief executive of House of Fraser from 2006 to 2014 when the company was sold to...

Last week’s mini-heatwave has provided a much-needed boost to the high street as shoppers flocked to stock up on sun cream and summer clothes. As temperatures leaped into the high 20’s, with Thursday marking the hottest April day for nearly 70 years, Waitrose reported a 400 per cent rise in sun...

Fast fashion brand Quiz has announced it will team up with N Brown Group to sell its curve range collections through JD Williams and SimplyBe. It marks another wholesale expansion for the Quiz brand, allowing it to extend its customer base. “We are delighted to partner with such an established brand to...

The Selfridges department store has launched its first ever advertising campaign for broadcast in cinemas. The campaign includes a 60 second film shot by director and photographer Norbert Schoerner in support of Selfridges’ new creative retail scheme, Radical Luxury. The film will be shown across a range of cinemas from distributors...

Online luxury fashion platform Farfetch has launched a new technology accelerator called Dream Assembly. The scheme will provide its first cohort of start-ups with a programme of mentorship, networking opportunities and access to early-stage funding. Participants will also benefit from Farfetch’s collaboration with luxury brand Burberry and venture capital firm 500...