More on Me + Em – Page 150
-
NewsThe Body Shop has been rescued
More than 100 Body Shop stores have been rescued from shuttering after a rescue deal was struck for the struggling chain.
-
NewsAsos rejected a higher bid for Topshop from Shein and ABG
Asos sold its 75% stake in the Topshop and Topman brands to Heartland for £135m despite receiving a higher offer from fast-fashion juggernaut Shein and Authentic Brands Group (ABG).
-
Opinion‘Confidence has recovered but scar tissue remains in the collective consumer psyche’
Improving fundamentals, evolving consumer behaviour and rapidly developing technologies present scope for investment value creation, believes Matt Truman
-
NewsHome Bargains is closing all of its stores for three days over the Christmas period
Value retailer Home Bargains will close all of its UK stores for three days over the festive period, allowing colleagues to enjoy time off with loved ones.
-
NewsThe Body Shop buyer has lined up working capital deal
The expected purchaser of The Body Shop is in advanced discussions to secure new financing as a deal nears.
-
NewsConvenience store giant rejects $38bn takeover bid
The owner of c-store powerhouse 7-Eleven has spurned a $38bn takeover bid, but said it is open to further discussions.
-
AnalysisAsos boss on Topshop’s potential return to the high street and making the brand ‘accessible and exciting’ again
Asos surprised the City this morning with the announcement that it had offloaded a majority stake of the iconic Topshop and Topman brands to Heartland, a holding firm of Danish fashion giant Bestseller.
-
InterviewQ&A: John Lewis boss Peter Ruis on bringing back ‘Never Knowingly Undersold’
John Lewis executive director Peter Ruis today raised the curtain on the return of the retailer’s famous ‘Never Knowingly Undersold’ price promise and put it front and centre of his plans to get the retailer back to the top.
-
NewsJohn Lewis will revive its famous ‘Never Knowingly Undersold’ promise
Department store business John Lewis is to bring back its famous price pledge – ‘Never Knowingly Undersold’ – and apply it to online rivals too.
-
NewsGymshark drafts in former Farfetch exec as chief people officer
Gym and fitness retailer Gymshark has named Sian Keane as chief people officer to lead its “people strategy, helping transform Gymshark into an international omnichannel company.”
-
NewsAsos has sold a majority stake in Topshop and Topman brands
Online fashion giant Asos has today announced a new joint venture with Heartland, the holding company of Danish fashion retailer Bestseller, to sell a majority stake in the Topshop and Topman brands.
-
NewsCurrys has hailed a ‘positive start to the year’ as sales rise
Electricals giant Currys has hailed a “positive start to the year” and said it is “well set” for the pending peak trading period as sales at the electricals giant increased.
-
NewsPrimark has maintained its guidance despite unseasonable summer weather taking toll
Fashion giant Primark has maintained its full-year guidance despite the unseasonable British summer taking its toll during the second half.
-
NewsM&S turns to AI and social media spending to boost sales and attract Gen Z shoppers
Marks & Spencer is ramping up its growth strategy with an “accelerated pace of change” across digital, data and tech as it uses AI and social media spending to attract younger shoppers.
-
NewsThe Perfume Shop to hire for 750 Christmas temp roles ahead of the festive season
The Perfume Shop will be hiring over 750 temporary roles from mid-September through to October as it launches its Christmas recruitment programme.
-
AnalysisAs Nobody’s Child launches new beauty line, is now the right time for fashion players to branch out?
As Nobody’s Child becomes the latest fashion retailer to expand into beauty, Retail Week finds out if now is the right time to take a share of the beauty market and whether distribution is all it takes to break in.
-
NewsAmazon unveils pay rise for tens of thousands of UK staff
A new pay rise will lift minimum rates for staff by nearly 10% and follows on from Amazon’s victory over an attempt by warehouse workers to unionise.
-
NewsUniqlo has named a British stylist and fashion designer as its new creative director
Global fashion giant Uniqlo has today announced the appointment of a new creative director at the business.
-
Opinion‘Oasis surge pricing debacle will stoke wider retail digital price gouging fears’
The appearance of digital labels on retailers’ shelves sounds innocuous but is raising suspicions that it will open the way to dynamic pricing. After the row over Oasis tickets, scrutiny of retailers such as grocers’ use of the technology must only be more likely, cautions George MacDonald
-
NewsFormer Clarks boss drafted into leadership team following fresh round of senior management departures
Exclusive: Questions have been raised over the strategic direction of Clarks, after Retail Week reveals that a former CEO, who is now on the board of the retailer’s majority owner, has been drafted in to help run the business following another swathe of senior management departures.