All Department stores articles – Page 195
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NewsHarrods ‘in talks’ with Chinese government about Shanghai store
Harrods, the luxury London-based department store which was recently acquired by the investment vehicle Qatar Holdings, is understood to be in talks with the Shanghai Municipal Government about opening its first store outside of the UK.
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NewsDebenhams refinances £650m of debt early
Debenhams has completed a £650m refinancing ahead of schedule.
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NewsHarvey Nichols profits up but Joseph Wan is nervous for 2011
Harvey Nichols chief executive Joseph Wan has revealed that the luxury department store will return to record pre-recession profit levels in its current financial year but has warned of a drop in shopper spend in 2011.
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NewsSelfridges celebrates early Christmas
While the country prepares to bask in a mini-heatwave, Selfridges is getting into the spirit of Christmas and is gearing up to open its Christmas store earlier than ever before.
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NewsDebenhams completes refinancing
Debenhams has confirmed that it has completed the refinancing of its borrowing facilities, with the signing of a new £650m credit facility.
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NewsDebenhams disappoints but maintains support
Debenhams issued a “disappointing” interim management statement last week, according to analysts, after like-for-likes weakened over the third quarter.
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NewsHouse of Fraser to revive iconic Biba brand
House of Fraser is to relaunch British brand Biba in September in what the department store is calling the biggest fashion launch in its history.
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AnalysisDebenhams: all about the bottom line
As it ramps up its own-label offer, the department store retailer has sacrificed sales to boost margins. George MacDonald asks if the strategy has paid off
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NewsHouse of Fraser forecasts sales lift
Department store House of Fraser has forecast a sales increase as it announces the introduction of a range of multi-channel initiatives in a bid to improve the customer experience.
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News
Galeries Lafayette opening stores in China and Indonesia
French department store retailer Galeries Lafayette aims to open stores in China and Indonesia. The chain had already opened stores in Beijing, Singapore, Seoul and Tokyo in the 1990s but they were unprofitable and closed down.Galaries Lafayette is taking a more careful approach to Asian expansion this time and has ...
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NewsDebenhams posts like-for-like sales fall and acquires 115 Faith concessions
Department store group Debenhams has reported a like-for-like sales fall of 0.4% for the 42 weeks to June 19 and has agreed to buy bust footwear retailer Faith’s concessions.
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NewsBeales profits surge as revenue dips
Department store Beales pre-tax profit surged 67% to £909,000 in the 26 weeks to May 1.
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NewsHarold Tillman secures Allders’ future in landlord deal
Fashion entrepreneur Harold Tillman has secured the future of his Allders department store in Croydon after joining forces with landlord Minerva to create a revised and relocated shopping centre in the town centre.
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NewsSelfridges and Nike host World Cup ‘pop-up stadium’
Sportswear brand Nike will open a “pop-up stadium” in department store Selfridges in London, next week, showing World Cup games.
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GalleryParis fashion: in a league of its own
The World Cup might be in full swing but in Paris ‘le foot’ struggles to be heard above the noise of the fashion crowd. John Ryan reports
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NewsFenwick completes Bond Street revamp
Fenwick has completed a two-year redevelopment of its flagship Bond Street store. The 71,500 sq ft department store now has 20% more space and the retailer has been given a modern overhaul.
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NewsJohn Lewis reports strong bank holiday trade
John Lewis reported weekly sales up 20.6% in the week to June 5, buoyed by trade over the bank holiday although the hot weather by the end of the week took the edge off sales.