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Shop prices continue to fall About 9 years ago

It has been reported that shop prices fell once again last month by 1.8% from a 1.7% drop in April, marking three years of decreasing figures. The BRC-Nielsen monthly shop prices index reports that non-food prices fell 2.7% and food prices dropped 0.3%, which was driven by a 0.8% drop in...

UGG launch new global retail concept About 9 years ago

Footwear retailer UGG has introduced a new global retail concept as part of its re-launch. The new concept, designed by Checkland Kindleysides, will debut in the company’s New York flagship in honour of the store’s 10th anniversary. It will then be replicated in core markets such as Tokyo, New York City...

Love Island secures sponsorship from Superdrug About 9 years ago

Health and beauty retailer Superdrug has announced that it will be the sponsors for the second series of the TV programme Love Island. The programme which has single people looking for a summer romance as well as competing for £50,000 started on 30th May and is hosted by Caroline Flack. Superdrug will...

The Hut Group snaps up rival Salu Beauty About 9 years ago

It has been revealed that The Hut Group, the online health and beauty group, has picked up one of its rivals Salu Beauty ahead of its anticipated flotation in 2017. Salu Beauty, which trades under www.skinstore.com and www.skincarestore.com.au is a top US and Australian retailer. They will join The Hut Group’s...

Argos takeover to be investigated by competition watchdog About 9 years ago

The Competition and Markets Authority (CMA), has announced that it is to investigate Sainsbury’s proposed £1.4 billion takeover of Argos.   The initial investigation will take place over the next two weeks, whilst the watchdog decides whether a full inquiry is needed. Even if given the green light on the buyout,...

MPs reject invitation to Sports Direct warehouse About 9 years ago

MPs have rejected an invitation from Sports Direct boss Mike Ashley to visit the retailer’s Shirebrook warehouse to inspect working conditions. Chairman of the House of Commons Business select committee Iain Wright said in a letter to Mr Ashley: “The committee has considered carefully your repeated and conditional request that we...

BHS rescue bid could be revealed as soon as next week About 9 years ago

Reports have shown that a bid for BHS by Greg Tufnell, the former managing director for Mothercare and Burton is close to completion. Talks will continue until Monday, with an announcement of the result expected to be made in the middle of the week. Funds are thought to be coming from the...

H&M and Kenzo join forces About 9 years ago

It has been revealed that fashion retailer H&M and Parisian fashion brand Kenzo will be collaborating together for the first time. Carol Lim and Humberto Leon, creative directors at Kenzo will be creating collections for both men and women, bringing the ‘spirit of Kenzo’ to the high street retailer. The collection by...

B&M revenues grow 23.6% About 9 years ago

It has been reported that B&M has seen strong progress this year leading to 26th March with group revenues growing 23.6% to £2.035 billion. Figures show that adjusted pre-tax profit rose 19.5% to £161.4 million and UK like-for-like sales increased 0.3%. B&M chairman, Sir Terry Leahy, said: "B&M has delivered another year...

Ex-Ralph Lauren director joins Boden About 9 years ago

Phil Lewis, former Ralph Lauren director has been appointed as the new director of digital experience at British lifestyle brand Boden. Previous to Boden, Lewis was senior director of product management and ecommerce at the luxury brand since 2013 and before that he was managing consultant at IMB Australia, then Hong...

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