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Retail sales boosted by price increases About 7 years ago

The British Retail Consortium and KPMG have released figures from their monthly sales monitor which have revealed that food sales climbed by 2.5% on a like for like basis and by 3.5% on a total basis in the three months to September. Sales of non-food retail sales increased by 0.9% on...

Jack Wills chairman steps down About 7 years ago

After joining the board a year ago, Jack Wills’ non-executive chairman Derek Lovelock is set to step down from his position at the end of the year. The retailer has said that Richard Wyatt, vice-chairman of Rothschilds, will replace Mr Lovelock. Regarded as a fashion veteran, Mr Lovelock was appointed to...

Nespresso opens new concept store at Liverpool ONE shopping centre About 7 years ago

Nespresso has opened its third concept store in Liverpool ONE following trials in Cannes and New York. As well as selling the brand’s coffee machines and capsules, the store will offer bespoke and interactive classes for customers where they will be able to compare its Grand Crus and limited edition releases....

Nisa reports strong first half growth About 7 years ago

Nisa has reported strong sales growth in the first 6 months of its financial year. In the 26 weeks to October 1st, non-tobacco sales edged up 0.8% to £505 million on a like for like basis while Nisa’s core retail trade showed a like for like rise of 1.9%. Tobacco...

Joint managing director of Iceland steps down About 7 years ago

Nick Canning has quit his role as joint managing director at Iceland after nearly 15 years in the role. Iceland’s chief executive Malcolm Walker revealed that Mr Canning had resigned last weekend in search of a “fresh challenge”. Mr Canning joined Iceland in 2003 as people and customers executive director, and...

DFS profits fall in 'challenging' market About 7 years ago

DFS has reported a drop in its profits. In the year to 29th July, pre-tax profit was £50.1 million compared to £64.5 million in the previous year. Meanwhile, EBITDA was down 12.7% to £82.4 million although revenue edged up 0.9% to £762.7 million. Gross sales were up 1.1% to £990.8 million. DFS...

Coach opens flagship store in Birmingham About 7 years ago

Coach has opened a new 280 square metre store in the Bullring, Birmingham. This is the brands fourth store outside of London and stocks Coach’s full range of bags, footwear, outerwear and accessories. President of Coach Europe, Catherine Levesque said: “We are thrilled to trade alongside such an esteemed list of...

The Hut Group makes its 4th acquisition About 7 years ago

The Hut Group has expanded again, adding Illamasqua to its fast-growing beauty empire, less than three months after it started a takeover spree.  The online retailer purchased Illamasqua, for an estimated £25 million. The acquisition is part of The Hut Group’s plans to spend around £400 million this year for various...

New Majestic website offers a more ‘interactive experience’ About 7 years ago

Majestic have launched a new site which will offer a more interactive experience, with a primary focus on feedback and wine ratings, and will give customers a greater influence over the Majestic range. After purchasing, customers will then be offered the chance to leave “Buy It Again” rating on all wines;...

Quiz collaborates with Love Island's Gabby Allen About 7 years ago

Quiz clothing have teamed up with Love Island’s Gabby Allen to create a new collection featuring glamorous casual and party wear, with each piece designed to take the wearer from day to night. The new range is inspired by Gabby Allen’s quirky style and the clothes have been designed to give...

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