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Superdry has reported a rise in its full year profits. Revenue was up 27.4% to £752 million as the fashion retailer saw its retail revenue climb by 20.8%. During the year, Supergroup increased its retail footprint by 80 shops to 555 Superdry branded stores across the world. Supergroup chief executive, Euan Sutherland...

With 25 years’ experience of transformational change in customer focused organisations, Michelle Maynard has worked across a number of sectors at companies such as Coca-Cola,British Airways, the AA and Thomas Cook Group. Leading the human resources team across House of Fraser, Ms Maynard will report directly to House of Fraser chief...

Amazon has announced plans for its third annual Prime Day, which include raising the offer time to 30 hours and welcoming small businesses and entrepreneurs. The date has been announced as July 11th and the offers will begin from 6pm the evening before. Last year Prime Day saw a 60% rise in...

According to Gfk’s continued Consumer Confidence Index, confidence dropped by another 10 points in June. Following mixed performances from several retailers in the recent months, the results will provide them with more cause for concern as we approach the summer. Head of market dynamics at GfK, Joe Staton said: “This...

Nisa have completed a deal refinancing its £120m debt facilities, with the deal being provided jointly by HSBC and Wells Fargo. The wholesale retailer noted that the move “provides longer term, cheaper, and more flexible capital for the business to further invest in growth over the next three to five...

Video game retailer Game Digital saw its shares slide after the announcement that full-year profits may be substantially lower than expectations, in the midst of challenging trading traditions. Between low stock of the Nintendo Switch and underwhelming performances in the Xbox and Playstation market. The company added that, “that it...

According to leading commercial property specialist Colliers International, Cornwall has seen retail growth of 2.5% - the highest in England outside London and the South East. Within the region, Falmouth was highlighted in the report as an area that has seen a notable increase in prime retail rent, with a...

A surge in footfall during Eid celebrations saw many luxury retailers in the Westfield centres record boosts in sales. Luxury menswear retailer Belstaff saw a surge of 36% whilst Whistles, Hugo Boss and Prada reported rises of 20%, 47% and 16% respectively. Myf Ryan, Westfield's chief marketing officer, commented that...

In deal that effectively brings to an end its historical links with the Co-operative Group, The Co-Operative bank has come to an agreement with its majority hedge fund investors. Worth £700m, the refinancing package will give it the ability to meet regulations on long-term capital requirements, avoid it being wound...

New research has indicated that rent prices for retail locations in Birmingham now exceeds the prices of locations such as Edinburgh, Manchester and Leeds. The rise has been attributed to factors such as a flood of inward investment, regeneration projects and infrastructure work which has raised the profile of the...