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Debenhams expected to report stagnant results About 8 years ago

Department store Debenhams is expected to post stagnant results on Wednesday as it struggles to keep up with its high street competitors. The company predicts that like-for-likes will remain flat for the third quarter as a result of pressures from falling shopping centre footfall and clothing price deflation. James Collins, analyst from...

Luxury ready-to-wear label launched by John Lewis About 8 years ago

Department store John Lewis has announced that it will be launching its first ever luxury ready-to-wear fashion label, Modern Rarity collection in September as part of a development plan for its womenswear proposition over the next five years. The collection has been designed in house by Jo Bennett, head of buying...

Investor group buys Dobbies Garden Centres About 8 years ago

It has been revealed that investor group Midlothian Capital Partners and Hattington Capital have bought Dobbies Garden Centres, which are owned by Tesco and the supermarket will be receiving £217 million.   Chief executive at Tesco, Dave Lewis, said: "It was a difficult decision to sell the business, but we believe this...

May retail expenditure is boosted by warmer weather About 8 years ago

Retail sales were boosted in May as warmer weather encouraged consumers to spend more both online and on the high street. The Office for National Statistics noted that the quantity of retail sales rose by 0.9% from April and is up 6% on the same time last year. An online sales...

JD Sports forecast "excellent results" About 8 years ago

Sports retailer JD Sports has said that the Euro 2016 has boosted its sales in the past few weeks and has now forecasted "excellent results" for the first half of the year. In April, the sportswear retailer saw profits soar by 45% to £131m, a record set of results. Peter Cowgill, executive...

First quarter revenue down for N Brown About 8 years ago

The owner of Simply Be and Jacamo brands, N Brown has revealed that its revenue in its first quarter of its financial year has dropped; however this was in line with their expectations so remains unchanged. Figures show that group revenue fell 0.2% and product revenue dropped 1.6% in the 13...

Prime Minister gives formal warning to retailers about national living wage About 8 years ago

After department store Marks and Spencer cut Sunday pay, Prime Minister, David Cameron has given retailers a formal warning about undermining the new national living wage. Not only has the retailer cut Sunday pay, they have also cut anti-social hours pay and bank holiday pay which will roughly leave 11,000 staff...

Mulberry sees strong set of results About 8 years ago

British luxury brand Mulberry has seen strong growth in the year to 31st March as a result of continued design and omni-channel investments.   Total retail sales rose by 8% to £118.7m, with like-for-likes up 8% over the 52 week period. Pre-tax profits increased from £1.9m to £6.2m year-on-year and total revenue...

Good start to the year for Jimmy Choo About 8 years ago

Luxury footwear brand Jimmy Choo has announced that it is trading in-line with its expectations and has made a good start to the year. Jimmy Choo is continuing to develop its retail portfolio and expansion, whilst progressing with new collections. One of the major factors for the growing brand is its...

Smiggle continues expansion with Frenchgate store About 8 years ago

It has been reported that Frenchgate shopping centre in Doncaster is to welcome Smiggle, the Australian stationery brand, to its line-up on the 17th June as the company plans to open around 200 new outlets across the country by 2019. Products being sold in store will include lighting, watches, drinks bottles,...

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