All articles by Chloe Mills – Page 15
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News
Credit insurer cuts cover for The Very Group suppliers
The Very Group’s credit insurer Allianz Trade has cut cover for its suppliers, which threatens to increase financial pressures on the retailer, according to reports.
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News
Waitrose eyes online grocery partnership with Amazon
Waitrose is reportedly exploring a partnership with Amazon in a deal that would see the supermarket’s groceries sold on the platform.
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News
Exclusive: Fat Face boss Will Crumbie says product is ‘at the heart’ of success as sales soar
Fat Face boss Will Crumbie has said product is “at the heart” of its success as the fashion retailer reported a surge in sales and profits for the full year.
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News
Exclusive: Oh Polly launches in the Middle East
Online fashion retailer Oh Polly is launching a new website and social media platforms in the Middle East as part of its international expansion, Retail Week can reveal.
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News
Topps Tiles sales soar in ‘record’ year
Topps Tiles has posted an increase in sales and said it expects adjusted profit before tax to be “in line with market expectations” as it hailed another “record” year.
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News
Superdry to sell South Asian IP for £40m to ‘accelerate growth’
Fashion retailer Superdry has confirmed it has signed a joint venture agreement with Reliance Brands Holding UK Ltd for the sale of its intellectual property assets in India.
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News
Tesco profits and sales surge as focus on value pays off
Tesco has posted an increase in both profits and sales during its first half, as well as raising its full-year profit guidance, as its investment in value and quality pays off.
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News
Ocado slashes prices on more than 500 products
Pureplay grocer Ocado has cut the prices on more than 500 of its items, including “autumn and winter favourites”, as part of its ‘Big Price Drop’ initiative.
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Analysis
The issues plaguing Boohoo as it loses battle against Shein
As Boohoo posted a fall in revenue and profits earlier today for the six months to August 31, Retail Week looks at what’s going wrong at the fashion giant as it continues to fall behind in the fast-fashion battle.
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News
Next to appoint Reiss executive as CFO Amanda James steps down
Next chief financial officer Amanda James is stepping down from her role and retiring from full-time work after 28 years at the retailer in July next year.
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Gallery
First look at Charity Super.Mkt’s Bluewater store
Secondhand superstore Charity Super.Mkt has embarked on a “national expansion” strategy, starting with its latest pop-up store at Bluewater shopping centre in Kent.
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News
Exclusive: AllSaints rolls out new store format as international expansion continues
AllSaints is rolling out a new store concept globally as it continues to bolster its international store portfolio, Retail Week can reveal.
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News
Aldi unveils priority locations as it eyes new UK stores
Aldi has unveiled a list of “priority locations” as it continues to eye new UK sites to open new stores following its £1.4bn investment pledge announced earlier this week.
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News
H&M profits climb despite slowdown in September sales
Fashion giant H&M has posted a boost in profits and sales for the first nine months of the year, despite sales in September slowing as a result of an “unusually hot” start to the autumn season.
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News
Clarks sales slip as supply chain issues take their toll
British footwear retailer Clarks has posted a decline in profits after tax and turnover for the 48 weeks to December 2022 as supply chain issues took a toll on trading.
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News
Asos restricts buy now, pay later services in latest profit push
Fashion giant Asos has introduced restrictions on its buy now, pay later services for shoppers as part of its latest bid to improve profitability, Retail Week has learned.
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News
Oliver Bonas hails ‘resilient’ performance as sales and profits grow
Oliver Bonas has posted a boost in profits and revenue for the 2022 full financial year as sales remained “resilient” despite the cost-of-living crisis.
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Gallery
Selfridges opens ‘first festive destination’ of 2023 ahead of Christmas period
Luxury department store Selfridges has opened its “first festive destination of 2023” in the form of a new Christmas shop at its London Oxford Street branch, offering “the best services and solutions” for the festive season.
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News
N Brown bolsters fashion stable with new third-party brands
Fashion group N Brown has added Fat Face, Ted Baker, Tala and Gym King to its autumn/winter range across its three strategic brands to bolster its “already wide-ranging product offering” this season.
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Analysis
The recreation of secondhand: How new life is being breathed into pre-loved fashion
As Second Hand September hits its fourth year, Retail Week looks at how new life is being breathed into the pre-loved fashion sector