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Jimmy Choo sees revenue lift from Chinese division About 8 years ago

Luxury accessories group Jimmy Choo has said that investment own store openings and continuing strength in its Chinese operations pushed revenue up. In a report covering trading since June 30th, the brand saw four own-brand stores and converted three to its new store concept, including its Milan-based flagship. Pierre Denis, Jimmy Choo...

Tesco announces “biggest ever” Black Friday About 8 years ago

Tesco has announced that it will be offering 11 days of offers in its biggest ever Black Friday event. Experts have predicted £5 billion in UK sales when the event begins on Monday in 700 stores and online. On Black Friday itself, over 300 stores will be open at 5am...

New Bond Street is fourth “most expensive retail street in the world” About 8 years ago

It has been revealed that New Bond Street in London is now the fourth most expensive shopping destination on the planet, according to 2016’s Main Street Across the World report. In first place was Upper 5th Avenue in New York closely followed by Hong Kong’s Causeway Bay, with Paris’ Avenue des...

Revenue increases for Ted Baker About 8 years ago

Fashion brand Ted Baker has revealed that its retail sales grew 15.4% and 6.7% in constant currency, driven by online sales growth of 30.3% which itself accounted for 15.6% of total retail sales. As the company continue to grow, with its average retail square footage rising by 8.8% to 383,330 sq...

Majestic Wine sees mixed case of results About 8 years ago

Wine retailer Majestic has re-instated its dividend following double digit growth in revenues, despite swinging into the red as acquisition costs and other investment costs pushed it to a loss. In the six months to September 26th, the company saw sales rise 5.7% at its majestic division, although this was...

Robin Terrell rejoins Wilko after Tesco stint About 8 years ago

The former chief customer officer who quit the supermarket in August, has rejoined his former employer Wilko. Mr Terrell is also currently a non-executive director at Karen Millen and will join William Hill in the same role in the New Year. He has a strong pedigree in retail, having held...

Petition for shops to stay closed on Boxing Day About 8 years ago

Retail worker’s union Usdaw is supporting a 170,000-sigature petition for shops to stay closed on Boxing Day. The union commented it is “seeking the longest possible break for retail staff over the Christmas and New Year period.” "We are also calling for shops to be closed on Boxing Day and New Year's Day, as...

Nicky Kinnaird joins the board at Debenhams About 8 years ago

It has been revealed that the founder of Space NK, Nicky Kinnaird has been appointed as a non-executive director at Debenhams. With Ms Kinnaird becoming the fourth female board member, the company is bolstering its focus on its beauty sector with plans to increase its sales until it accounts for a...

BBC Watchdog targets Groupon over counterfeit goods About 8 years ago

The BBC’s Watchdog programme has revealed that many of the products found on deals site Groupon are counterfeit. The episode, which airs tonight, interviews many Groupon customers who felt that they had been ‘misled’. Groupon responded stating: “As with any major online retailer, we take counterfeiting seriously and work hard...

Employment rate equals record About 8 years ago

Between April to June 2016 and July to September 2016, the number of people in work increased and the number of unemployed people decreased, according to the Office for National Statistics. There were 31.80 million people in work, 49,000 more than for April to June 2016 and 461,000 more than for...

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