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The VF Corporation announced that Eric Wiseman’s retirement, effective from October 28th, will finish its planned leadership succession process which began with the promotion of Steven Rendle to president and chief operating officer in June 2015, and to chief executive in January of this year. Commenting on the plan, Wiseman...

Plans to build a new Westfield shopping centre in Croydon continue to be delayed as they are still pursuing an agreement with John Lewis to set up a flagship department store in their proposed supermall. The delay adds to the ongoing list of concerns for the mall which include economic...

Discount retailer B&M saw its share prices rise by as much as 5.3% after a report suggested that Asda, the UK supermarket arm of Wal-Mart, was considering a £4.4bn takeover bid. The Sunday Times said applying a normal takeover premium would take Asda's offer price to at least £4.4bn, however...

Landsec has announced Coach, the leading New York design house of modern luxury accessories for women and men, will be launching its first store in the South East at Bluewater this September.  The new 1,750 sq ft Coach store will be located on the Lower Guildhall, adjacent to House of...

Kate Davies, a senior statistician at the ONS noted that “a particularly warm June seems to have prompted strong sales in clothing, which has compensated for a decline in food and fuel sales for the month.” June exceeded expectation, with retail sales up by 1.5% in the second quarter overall,...

Figures suggest that overseas tourists could spend as much as £2.4 billion on the UK high street this summer as the weakened value of the pound continues to boost high street. Increased spend from Middle Eastern tourists over the Eid period as spending on foreign cards was up 18% year-on-year...

The Arcadia Group’s seven brands — Topshop, Topman, Miss Selfridge, Evans, Burton, Dorothy Perkins and Wallis – are all getting their own online ordering in store service. The move was implemented to help improve in-store sales as well as increasing efficiency and customer service. Retail technology company Red Ant have...

Burberry executive Paul Pierce is to become the first male of Topshop in 18 years, set to take over from September 4th. He will be replacing current Topshop boss Mary Homer who is leaving to become head of the White Company. Sir Philip Green, the head of Arcadia Group, which...

According to a study from data communications group REaD Group, there seems to be an intrinsic link between a retailer’s trust rating and age of their loyalty programme. The result of the study suggested that Amazon is the UK’s most trusted retailer, followed by Tesco, Sainsbury’s, Boots, and M&S. In...

Sports Direct have announced a substantial fall in profits, largely down to a fall in the value of the pound in the past year. In the year to 30 April, underlying profit before tax decreased by 58.7% to £113.7m in part due to currency movements and increased depreciation charges. The...