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Record sales over the Christmas period at Aldi have pushed its full year sales to £10 billion for the first time in the UK. Sales during December were reportedly 15 per cent higher than in 2016, thanks to its “specially selected” premium range which saw sales jump by nearly a third. Its...
The opening of the Asics flagship store in Fifths Avenue marks the first time an ASICS brand-owned location in the US has featured a modulating showcase of two distinct brands in the companies portfolio, each with its own unique offering. These include ASICS athletic shoes and apparel and the ASICS TIGER lifestyle...
British toy giant Hamleys has opened its largest worldwide flagship store in Beijing spanning over 115,000sq ft. The 257-year-old store opened the doors its new location just two days before Christmas, accompanied by an exclusive parade to mark the occasion. The British ambassador Barbara Woodward and Sanpower chairman Yafei Yuan. Marking its...
Poundland has come under fire from the Advertising Standards Authority (ASA) following a sexualised Twitter campaign involving toy elves. According to The Drum, the ASA received over 80 complaints about the images, which depict the elves in various sexualised poses. The advertising watchdog has now launched an investigation into the retailer following...
The Co-op has announced plans to open 100 new UK food stores in 2018 which will create an estimated 1,600 jobs. More than 20 new stores will open in London and up to 18 stores are planned for Scotland and ten in Wales. Other places set to see the arrival of...
Despite tougher trading conditions in the UK, The White Company saw its operating profit rise by 2% to £17.6 million in the year to 25th March. Sales grew by 7.6% to £198.4 million in the period as the retailer opened new stores in Chelmsford and Liverpool and resited shops in Leeds,...
London’s only retail & hospitality specific careers fair will be returning on the 8th & 9th February 2018. Held at a new location, The Pullman hotel in London’s King’s Cross, the event is already set to be the company’s biggest event ever. So far, the companies exhibiting include: Tesco, Signet, VF Northern,...
Administrators Duff & Phelps have secured a sale of the Feather & Black bed retailer to Hilding Anders International Under the terms of the sale, Hilding Anders has acquired 17 out of 20 stores. The move means that 104 jobs have been saved. Just three stores and five concessions within Multiyork stores...
The future of Toys R Us UK is now up in the air after the Pension Protection Fund (PPF) indicated it would vote against the retailer’s proposed restructure plan. It comes after the UK division of the US toy chain was ordered to inject £9 million into its pensions scheme by...
Diesel’s artistic director Nicola Formichetti has announced his resignation after five years in the role. Slated to depart the fashion brand and retailer at end of the year when his contract expires, it is not yet known who will replace him. He was appointed to the role in 2013 as the Italian company’s...
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