Browse all articles

Hunter Douglas will acquire Hillarys from Ares Capital Corporation for a purchase price of £300 million. Hillarys employs around 1,300 people and reached sales of £185 million in  2016. The company will remain a standalone business following the acquisition and will be run by the existing management team. Hunter Douglas has a...

Smashbox Cosmetics has opened its first-ever standalone store in Bluewater shopping centre in Kent. The store is located on the Upper Rose Gallery next door to Topshop. The 82sq m store’s interior design imitates the look and feel of Smashbox Photo Studios in Los Angeles, where the brand was founded. The brand...

The fall in value of the pound has had a positive effect on overseas sales for the Superdry brand, owned by clothing retailer Supergroup. With British currency falling by approximately 12% on the dollar, leading to overall sales to jump by 27% to £750.6m and a third of this increase...

Chief executive of the German grocer Aldi, Matthew Barnes has announced potential expansion plans for the next five year which may see up to eight stores in some towns. Speaking on the expansion he noted, “If you look at the population, we think not only could we have a store...

Smashbox Cosmetics are to announce their first UK based standalone store, opening in the Bluewater shopping centre. The store will replicate the look and feel of the brand’s Los Angeles based photo studios, measuring a total of 889 sq ft. Brand manager at Smashbox, Anuschka Kuhnel stated that, “The new...

Budget clothing retailer Primark have put plans to take over an old BHS store in Southend, due to concerns about the safety and welfare of pedestrians in the wake of downsizing public footpaths to accommodate vehicles. Southend’s councillor for culture, tourism, and economy stated that she was disappointed in the...

Bosses at the Colchester based Turner Rise Retail Park have submitted plans for a new gym to go in addition to the two new stores to be added to the location. The three new units are expected to provide 80 new jobs in the community if the plans go ahead,...

Teen retailer Abercrombie & Fitch has been put up for sale, after a report from Reuters disclosed that the company had hired investment bank to assess takeover interest. Its value has dropped significantly in the 16 months, down by 61% since after reaching a 16-month high in March 2016. The...

More of the long-term impacts from Brexit have been announced with the £3.6bn provided for small and medium sized enterprises by the EU from 2017 to 2021, is not set to renew after this point due to Britain’s withdrawal. The government have not made plans for the regional development fund...

Online music retailer Gear4music have announced a significant increase in underlying profits, rising by a total of 192% for the full year. In addition to this revenue rose by 58% taking it to £56.1m, with much of the success being attributed to expansions in its international business interests especially in...