It has been a tough few years for fashion, and retailers have been battling to lead on style, value and quality despite skyrocketing return rates, competition for customer loyalty and bold sustainability targets.
In the cost-of-living crisis, affordable retailers have never been more relevant to price-conscious consumers, but which have been making the most of the mood of the nation? And which are set to turn market share into future growth? To find out, the Retail Week analyst team has tracked group sales across 15 of the biggest value retailers and analysed their compound annual growth rate (CAGR) to predict how much bigger they’ll be in five years’ time
Moonpig parent Photobox has drafted in MandM Direct boss Jonathon Brown as chief operating officer.
Danish giant Bestseller has gained a foothold in the growing off-price market with its £140m acquisition of MandM Direct.
Danish fashion group Bestseller is poised to acquire etailer MandM Direct for £140m, pending regulatory clearance. Retail Week takes a look at the business.
Advertisement
