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It has been announced today that Habitat has opened its biggest and 35th new mini store at the Homebase store in Chichester which was developed by creative director Polly Dickens, creative manager Graham Copeland and in-house designer Matthew Long.The new mini store will have new features such as interactive touch...
SuperGroup, owner of the fashion brand Superdry, has appointed Penny Hughes as an independent non-executive director and is due to take up her role on April 1.The appointment comes as SuperGroup works towards becoming a global business.Penny Hughes is currently a non-executive director of Morrisons supermarkets and The Royal Bank...
It has been reported that fashion retailer Moss Bros, who provide men’s formalwear, saw its full-year pre-tax profit increase 9% to £4.8 million.The company has also reported that in the 53 weeks ended 31 January 2015 group like-for-like sales increased by 5.5%.Chief executive of Moss Bros, Brian Brick said "We...
Fashion menswear brand Scotts, who are part of JD Sports Fashion group, has reported that it is to open its first store at St David’s shopping centre in Cardiff, Wales this month.The brand cater towards younger men’s clothing and footwear which include brands such as Pretty Green, Adidas, Nike, Fred...
Private equity firm 3G capital, the group behind Burger King and Heinz, is thought to be in “advanced” talks to buy US food group Kraft for $40 billion, according to reports in the Wall Street Journal and the Financial Times.As well as Burger King and Heinz, 3G owns coffee and...
FTSE 100 companies have made “enormous progress” in getting more women on their boards, increasing gender diversity in the UK’s top companies.Former trade minister Lord Davies said that the number of women directors in the FTSE 100 has increased to 23.5% from 12.5% in 2011 following voluntary schemes to address...
Spanish telecommunications group Telefónica has confirmed the sale of mobile network O2 to Hutchison Whampoa for 10.25 billion, the biggest acquisition yet for the Hong Kong-based group.The sale is likely to be completed by June 30th and will see O2 combined with Hutchinson’s current mobile network Three, creating the biggest...
It has been announced today (24 March) that UK shareholders are taking legal action against Tesco following the accounting scandal that hit the retailer last year.Scott+Scott a US law firm which has already taken legal action against Tesco in America, is claiming that the profit mis-statement has caused a “permanent...
Swedish fashion retailer Hennes & Mauritz (H&M) has said that it was strong store and online sales and profits in the first quarter, leading to a planned push in international expansion.The Swedish retailer announced a net profit of 3.6 billion Swedish kronor (£284 million) which is a rise of 36%...
French Connection and Foot Locker are among 48 employers that MPs have publicly named for paying their workers less than the minimum wage under new moves that have seen over 200 companies ‘named and shamed’ over minimum wage underpayments so far.Together, the companies owe workers £162,000 and face fines of...
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