All articles by Chloe Mills – Page 2
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News
Exclusive: Retail spend to take £2.4bn hit in 2024
Retail spending is expected to take a £2.4bn hit this year as consumers are impacted by “lower levels of affluence” amid the cost-of-living crisis, according to the latest research by Retail Economics and beBettor.
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News
Next and Frasers Group circle Ted Baker for potential rescue deal
Retail giants Next and Frasers Group have reportedly expressed an interest in purchasing collapsed fashion retailer Ted Baker.
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News
Phase Eight owner TFG completes £90m refinancing
TFG London, the owner of fashion brands Phase Eight, Whistles and Hobbs, has secured £90m in funding to support its growth strategy.
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Interview
Q&A: LTK co-founder Amber Venz Box on the power of influencer marketing for retailers
As social media plays a bigger part than ever in the strategies of retailers and brands, LTK co-founder and president Amber Venz Box talks to Retail Week about the power of influencer marketing and how personalisation and trust are vital for success.
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News
Exclusive: Nobody’s Child ramps up US expansion
Fashion retailer Nobody’s Child has made its bricks-and-mortar debut in Nordstrom and Von Maur stores across the US as it accelerates its expansion strategy, Retail Week can reveal.
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News
Ted Baker administrator closes 15 stores with 245 job losses
Administrator Teneo has announced the closure of 15 Ted Baker stores across the UK, resulting in 245 job losses at the fashion retailer.
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News
eBay scraps selling fees for secondhand clothes
eBay has become the latest marketplace to ditch its selling fees for fashion-seeking UK users in its latest effort to encourage shopping for pre-owned clothing.
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News
The Highlands and Pace Partnership London launch outdoor fashion platform
Barbour partner store owner The Highlands and brand-building consultancy Pace Partnership London have launched a new retail concept, Out With Style, dedicated to outdoor clothing.
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News
Majestic completes rescue deal for Vagabond Wines
Majestic Wine has announced the acquisition of Vagabond Wines following its collapse into administration last month.
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News
Carpetright calls in advisers to cut costs as demand slows
Flooring retailer Carpetright has reportedly drafted in advisers to help explore cost-saving measures as demand for the business has slowed.
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News
Mytheresa circles Yoox Net-a-Porter for possible takeover bid
Luxury fashion retailer Mytheresa is reportedly among the potential bidders looking to snap up Yoox Net-a-Porter from Swiss luxury group Richemont.
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News
Dr Martens investor calls for strategic review
Dr Martens shareholder Marathon Partners Equity Management is reportedly calling on the boot specialist to hire bankers and kick off a strategic review of the business, pre-empting a potential sale of the retailer.
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News
Secret Sales acquires Dress For Less in European expansion drive
Premium non-full-price marketplace Secret Sales has announced the acquisition of German discount platform Dress For Less as it bolsters its presence in Europe.
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News
Exclusive: Rixo launches first shop-in-shop concept at Selfridges
Fashion retailer Rixo has launched in Selfridges, London, marking its largest shop-in-shop retail space, Retail Week can reveal.
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News
Next strikes deal with Myntra to ramp up Indian expansion
Next has partnered with Myntra on a franchise agreement that will see the Next brand offered both in stores and online across India.
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News
Dunkerton takeover bid off the cards as Superdry extends loan
Superdry boss Julian Dunkerton’s takeover bid is off the cards, despite him remaining “committed” to the business and mulling an equity raise, as the fashion retailer extends its funding facility by a further £20m.
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News
FatFace bolsters leadership team in latest growth push
Fashion retailer FatFace has bolstered its top team and unveiled a series of changes designed to “drive future growth”, following its acquisition by Next at the end of last year.
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News
AO hails ‘good momentum’ as it expects to hit profit guidance
Electricals retailer AO said today it expects to hit its previously pledged profit guidance and surpass £1bn in sales for the full year.
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News
JD Sports maintains guidance as sales rise
JD Sports has maintained its full-year profit guidance, hailing “good strategic progress” during the year as sales edged up.
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News
Quiz CEO departs as sales slow amid strategic review
Quiz has confirmed that founder and chief executive Tarak Ramzan has stepped down with immediate effect and will be succeeded by the retailer’s chief commercial officer, Sheraz Ramzan, as sales slowed amid its ongoing strategic review.