All articles by Gemma Goldfingle – Page 72
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Analysis
Analysis: How retailers can cope with ongoing weather storms
Debenhams has blamed a drop in profits on unseasonable weather, but what can retailers do to battle against the elements as they have this winter?
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NewsDIY group Kingfisher expands into Romania with 15-store acquisition
B&Q owner Kingfisher is to expand into Romania after acquiring 15 Bricostore shops from French retailer Group Bresson.
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NewsDebenhams blames snow for first-half profits fall
Department store group Debenhams’ pre-tax profits fell 5.4% to £120.3m in its half year as snowfall hampered sales in January.
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NewsAnn Summers eyes wholesale growth as it reports profits jump
Ann Summers is plotting wholesale growth after its tieup with Shop Direct helped to drive a profits rise in its last financial year.
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News
JD Sports Fashion: What the analysts say
JD Sports Fashion’s profits were hit by losses from outdoor retailer Blacks, which it acquired last year, however the City seems positive about its the long term prospects.
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NewsJD Sports profits slump 18.3% as Blacks racks up losses
JD Sports Fashion’s pre-tax profit plunged 18.3% to £55.1m in its last financial year as losses from its Blacks acquisition hit the group.
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AnalysisAnalysis: SuperGroup's new team puts infrastructure in place for continued growth
SuperGroup’s planned new fulfilment centre, which it revealed yesterday is in development, is a clear sign that the new management team is the safe pair of hands needed to propel its phenomenal growth.
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NewsNext boss Wolfson receives pay boost but gives share match bonus to staff
Next chief executive Lord Wolfson took home £4.6m in the last year but asked for his entitlement under the retailer’s share matching plan to be shared amongst its staff.
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NewsOnline fashion sales jump 15% in March despite cold snap
Online retail revenue soared 16% year on year last month as fashion etail sales jumped despite the unseasonable weather.
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NewsSelfridges early payment fees slammed by Forum of Private Business
Selfridges has been criticised by the Forum of Private Business for forcing its suppliers to pay a fee for having their invoices settled.
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NewsFootfall plunges 5.2% as March cold snap keeps shoppers away
Footfall plunged 5.2% in March as the cold snap put shoppers off hitting the high street, according to the BRC Springboard Footfall Monitor.
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NewsOasis owner Aurora Fashions seeks rent reductions from landlords
Oasis owner Aurora Fashions is in negotiations with its landlords to reduce rents and get out of onerous lease agreements.
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NewsFashion retailer Superdry eyes luxury stores for tailoring line
Superdry is to wholesale its new tailored ranges to high-end retailers, which will “break preconceptions” about the young fashion specialist.
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AnalysisAnalysis: Mothercare's turnaround - the story so far
A year into Mothercare’s turnaround and chief executive Simon Calver’s plan is gaining traction. It’s been a busy year for Calver’s team, Retail Week takes a look at what changes it’s made.
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NewsAurora credit insurance reduced amid restructuring and clothing market fears
Aurora Fashions has suffered a reduction of credit insurance after uncertainty surrounding the group’s restructuring and the challenging clothing market spooked insurers.
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NewsAsda recalls corned beef product after horse drug is detected
Asda has recalled batches of its Smart Price corned beef after tests revealed low levels of veterinary medicine bute in some of the products.
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NewsRussian footwear retailer Mascotte to make UK debut at Westfield London
Westfield London will host Russian footwear retailer Mascotte’s first UK store which opens on Saturday.
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NewsKaren Millen hires BDO partner as chief financial officer
Fashion retailer Karen Millen has hired BDO corporate finance boss Andrew Ware as chief financial officer.
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News
Debenhams launches diverse ad campaign starring Paralympic amputee
Debenhams has used an amputee, a glamorous granny and a size 18 model in its new diverse advertising campaign.
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NewsAmazon's Ajay Kavan joins board of charity In Kind Direct
Amazon UK vice president of consumables Ajay Kavan has joined the board of In Kind Direct, a charity that redistributes products donated by retailers.