All Retail Week articles in June 24 2011 – Page 2
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NewsInditex fares better than rival H&M as global sales soar
Inditex, owner of the Zara chain, fared better than rival H&M as its global sales soared 11% in its first quarter.
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NewsCocosa launches travel deals as Al-Fayed discussions continue
Private sales fashion site Cocosa has launched travel deals on its website.
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NewsJohn Lewis fashion sales leap as prices cut
Department store chain John Lewis generated strong fashion sales last week as it price-matched rivals’ promotions.
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NewsCity speculates on Abercrombie bid for SuperGroup
US retailer Abercrombie & Fitch may be interested in acquiring trendy fashion retailer SuperGroup, City speculators believe.
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NewsN Brown reshuffles Figleaves leadership team
N Brown, the home shopping group which owns lingerie etailer Figleaves, will not replace the role of chief executive vacated by Julia Reynolds and has reshuffled its senior management team to lead the business.
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NewsBoots UK appoints joint chief operating officers
Alliance Boots health and beauty chief executive Alex Gourlay has appointed two chief operating officers to look after the day-to-day running of the Boots UK & Ireland business while he concentrates on future growth plans.
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NewsSuperGroup reports business 'on track' and confirms Regent Street opening
Fashion retailer SuperGroup reported that retail sales have improved in the last three weeks and are running overall at about the same level as in the fourth quarter, when they rose 39%.
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NewsMoss Bros like-for-likes up 13.4% as it disposes of Cecil Gee
Menswear retailer Moss Bros like-for-likes surged 13.4% in the 20 weeks to June 18.
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NewsJD Sports acquires Cecil Gee and Spanish sports retailer Sprinter
JD Sports has acquired menswear retailer Cecil Gee and a controlling stake in Spanish sports retailer Sprinter.
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NewsFormer Asda boss Andy Bond sets up investment vehicle
Former Asda chief executive Andy Bond has set up a retail investment vehicle with a team of City bankers.
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NewsPrivate equity firms enter Jane Norman rescue talks
Private equity firms Sun Capital Partners and Better Capital are understood to be the latest potential buyers to enter rescue talks with struggling womenswear chain Jane Norman.
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NewsEast pre-tax profits up 9.5%
Womenswear retailer East has reported pre-tax profits up 9.5% from £2.1m to £2.27m for the year to January 31, 2011, driven by the strong performance of its existing portfolio and new store openings.
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NewsAsda COO Simon King exits
Asda chief operating officer Simon King has left the grocer just six months after joining.
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NewsTesco launches Wimbledon strawberries and cream sarnie
Tesco is celebrating the start of tennis tournament Wimbledon with the launch of a strawberries and cream sandwich.
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NewsSuperdrug returns to profit in 2010
Superdrug has returned to profit in the year to December 25, 2010, by improving margins and reducing operating costs.
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NewsAsda Income Tracker: Weekly spending power shows largest decline on record
Consumers suffered a £14 a week fall in family spending power in May compared to the previous year – the largest decline on record.
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NewsH&M signs Donatella Versace as guest designer
H&M has signed up Italian designer Donatella Versace to be its next guest designer.
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NewsSuperGroup seeks to rally investor support
SuperGroup, the young fashion business, met with analysts yesterday to allay investor concerns that its Superdry brand has become overexposed.
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NewsAsda takes market share hit
Asda’s market share slipped in the latest Kantar figures from 16.7% last year to 16.3%, while the discounters stole a larger share of shopper spend.