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Gear4music trading in line with expectations About 7 years ago

Gear4music have announced that its UK and international revenue growth has continued to be “strong” and that its European distribution centres are materially improving its customer proposition in Northern Europe. Speaking on the news, Gear4music's chief executive Andrew Wass noted that “our strategy of investing to deliver long term growth...

Sports Direct increase French Connection stake About 7 years ago

Mike Ashley’s Sports Direct have increased their stake in French Connection, now holding a 27% stake in the global fashion retailer. The move brings them closer to the amount at which they would have to launch a takeover bid in line with takeover rules, a shareholder owning shares worth 30%...

Boots ends 130 years of manufacturing as it sells off factories About 7 years ago

There are concerns about the future of more than 1,000 UK manufacturing jobs after the owner of Boots sold its manufacturing business to France-based specialist Fareva, including the Nottingham factory that it opened in the 1930s. The deal will mean the transfer of about 1,100 jobs in Beeston, near Nottingham,...

Arcadia to move into childrenswear with OUTFIT range About 7 years ago

The Arcadia Group have announced that the brand will provide “on-trend” looks for boys and girls aged between 18 months and 12 years old. Mitch Hughes, a buying director within Arcadia, said: "Launching a childrenswear range follows extensive customer research amongst families who shop across all the Arcadia brands, they...

Bonmarché like-for-like sales on the rise About 7 years ago

In the 13 weeks to July 1st, in-store like-for-likes sales grew by 4.2% and online sales increased by 39%, leading total sales to rise by 7.6%. Helen Connolly, chief executive of Bonmarché said: “I am pleased with the improvement in trading and in particular the further progress in online sales…Whilst...

John Lewis sales up 8.9% last week About 7 years ago

John Lewis saw fashion sales rise by 15.5% after the retailer achieved a 34.5% uplift in womenswear sales. Its denim lifestyle brand AND/OR was a stand-out performer. Beauty, wellbeing and leisure also had a strong week with sales up 13.4%. Home sales climbed by 11% as the textiles and home accessories...

Joules profits soar in first year About 7 years ago

Fashion retailer Joules has revealed soaring profits in its “very exciting” first year after going public. In the 52 weeks to May 28th underlying profits jumped by 34% to £10.1 million, while underlying EBITDA increased by 25.3%. Sales across all channels saw similar growth, with group sales rising 19.6% to £157 million....

Boden to open bricks-and-mortar store in October About 7 years ago

Boden is set to open a bricks-and-mortar store in October 2017. The 1,821 square foot store will offer Boden’s adult ranges as well as special collections such as Boden Icons and Mini Boden for children. The store will be part of a line-up that includes Zara, Cos, Joseph, Trilogy, Whistles and...

Games Workshop posts surge in profits About 7 years ago

Chief executive of Games Workshop, Kevin Rountree, said "we've had another fun and exciting year and made significant progress on our strategic initiatives. You can see from these results that our business and our hobby are in good shape.” In the year to May 28th, pre-tax profit increased to £38.4...

Jimmy Choo acquired by Michael Kors About 7 years ago

Under the terms of the deal, Jimmy Choo shareholders will receive 230p per share, with Michael Kors chairman and chief executive John Idol adding “we believe that Jimmy Choo is poised for meaningful growth in the future and our company is committed to supporting the strong brand equity that Jimmy...

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