All articles by Chloe Mills – Page 18
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News
Exclusive: Superdry cannot afford to get product wrong, warns CFO
Superdry chief financial officer Shaun Wills has said the retailer cannot afford to get its product wrong as it enters the autumn/winter season, after it posted an annual loss of £148.1m.
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News
Next buys £128m stake in Reiss from private equity firm
Fashion giant Next has confirmed the purchase of private equity firm Warburg Pincus’ 34% stake in Reiss, upping the retailer’s total stake to 72%.
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News
Hundreds of redundant Debenhams staff triumph in legal battle
A total of 419 former Debenhams employees who were made redundant following the retailer’s collapse have won a legal battle after a tribunal judge ruled Debenhams had “failed in its duty to consult with its staff”.
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News
John Lewis unveils online Christmas shop for 2023
John Lewis has unveiled its online Christmas shop for 2023 as customer searches for gifts “double” in comparison to this time last year, according to the retailer.
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News
Uniqlo names new CEO and COO in leadership shake-up
Uniqlo parent company Fast Retailing has announced changes to Uniqlo’s senior leadership team, appointing Tadashi Yanai as chief executive and Daisuke Tsukagoshi as president and chief operating officer, starting from September 1.
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Gallery
Reserved resumes UK expansion with new store concept
Polish fashion retailer Reserved has opened its newest store at London’s Westfield Stratford City as it continues to ramp up its UK and European expansion plans.
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News
John Lewis Partnership joins retailers covering VAT on period pants
John Lewis Partnership has become the latest retailer to cover the cost of VAT on period pants to ensure that period products are “affordable for all”.
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News
Natura eyes sale of The Body Shop
The Body Shop’s parent company Natura & Co is reportedly eyeing a sale of the business after difficulties making the retailer more profitable.
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News
GMB seeks ‘urgent meeting’ with business secretary regarding Wilko administrators
The GMB union is reportedly seeking an “urgent meeting” with business secretary Kemi Badenoch to confirm that Wilko administrator PwC is considering all bids for the collapsed value retailer.
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News
Marks & Spencer says government response on period pants tax ‘isn’t enough’
Marks & Spencer has said the latest government response to making period pants free from VAT “isn’t enough” as its Say Pants to the Tax campaign continues to gain momentum.
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News
Exclusive: Uniqlo hunting for city locations to drive global growth
Uniqlo is “actively seeking opportunities” for growth, both in India and other locations around the world, as it continues to expand its global footprint, Retail Week can reveal.
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News
Shein unveils partnership with Forever 21
Fast-fashion retailer Shein has announced a partnership with Forever 21 owner Sparc Group, a joint venture between Authentic Brands Group and Simon Property Group, in a bid to experiment with an in-store presence for shoppers across the US.
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News
John Lewis Partnership to bolster workforce with 10,000 new roles
John Lewis Partnership is to bolster its workforce as it seeks to recruit more than 10,000 people across the UK in a bid to deliver “exceptional service”.
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Gallery
Pandora opens ‘warm, welcoming and playful’ new concept store
Pandora has opened the doors to its new ‘Evoke 2.0’ concept store on Oxford Street, the brand’s third and biggest store in London’s West End.
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News
Abercrombie & Fitch raises outlook as brand positioning pays off
Abercrombie & Fitch has raised its outlook for the full financial year as it recorded a surge in sales during the second quarter, which it credits to the success of the “positioning and assortment” of its brand portfolio.
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News
New Look partners with ZigZag to open returns kiosks
New Look has partnered with returns management platform ZigZag Global and will start to roll out return kiosks in a selection of its stores this week.
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News
True partners with Apparel Brands Limited for global growth
Investment and innovation company True has confirmed its “strategic investment” in British clothing wholesale business Apparel Brands Limited (ABL) in a bid to “accelerate growth” within the wider branded apparel market.
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News
Urban Outfitters owner posts surge in sales
Fashion and lifestyle retailer URBN, which owns brands including Urban Outfitters, Anthropologie and Free People, has posted a surge in sales during its second quarter as well as the first half of the financial year.
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News
London Designer Outlet posts record sales
London Designer Outlet at Wembley Park achieved a “record” month of trading in July, putting the month’s figures “on par” with the Christmas period at the destination.
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Analysis
Can Need It For Tonight fashion succeed where on-demand grocery has stalled?
During the pandemic, on-demand grocery apps such as Getir saw a huge surge in demand as shoppers leaned into the convenience of immediate delivery to their homes. But the popularity of on-demand grocery has plummeted – just this week, Getir revealed it is cutting 10% of its global workforce. Retail Week explores if on-demand fashion can succeed where rapid grocery has stalled