More on Me + Em – Page 261
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NewsNew private equity players bid for The Body Shop
British-based investors Alteri and Epiris have emerged as the new names that may be in the running to buy The Body Shop, Sky News reported.
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NewsTHG commits to sustainability targets after government U-turn
THG, which owns brands like Lookfantastic, Cult Beauty and MyProtein, has announced its net-zero targets have been validated by the Science Based Targets Initiative (SBTi).
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NewsTesco chief customer officer Bellini steps down
Tesco chief customer officer Alessandra Bellini is stepping down from her role at the end of September, after nearly seven years with the business.
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InterviewQ&A: Fruugo founder Dominic Allonby on international expansion and standing up to Amazon
Retail Week speaks to Fruugo founder and executive chairman Dominic Allonby about the importance of cross-border ecommerce, setting itself apart from the likes of Amazon and why every retailer can benefit from operating in a marketplace
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NewsTikTok shop launches refurbished tech category
TikTok Shop has launched a new refurbished technology product category in the UK for users to buy directly from the platform.
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NewsPoundland relaunches ecommerce website
Value giant Poundland has relaunched its ecommerce website, offering customers a range of around 3,000 products online.
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AnalysisFive ways Shein is disrupting fashion as it posts £1bn in UK sales
In September 2023, Shein’s UK business posted £1.1bn in sales and a pre-tax profit of £12.2m in the 16 months to December 31, 2022, according to a Companies House filing. Here are the key things you need to know about this ecommerce powerhouse and how it is making waves in the fashion industry
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NewsAsda boosts tech team as it separates systems from Walmart
Asda has appointed two new senior members of its technology team to help boost the development of a new strategy and lead on its separation from Walmart.
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NewsDunelm profits dip despite year of record sales
Dunelm has pinned a slight reduction in full-year profits on controlling margins during a protracted inflationary period, even as it celebrated record sales.
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Retail VoiceSustainable fashion: five key trends
From second-hand markets to de-influencing, Gowling WLG’s Jocelyn Paulley takes a look at five key trends that are shaping the sustainable fashion world.
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NewsWilko: Full list of stores closing next week
Wilko administrator PwC has announced a list of branches that will close next week, following the retailer’s collapse.
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AnalysisKitchen nightmares: what do property market worries mean for DIY retailers?
What do the UK’s biggest home improvement retailers think about the trouble swirling in a market which closely mirrors the fortunes of their own?
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NewsH&M becomes latest retailer to charge for online returns
Fashion giant H&M has become the latest retailer to introduce a fee for customers returning parcels ordered online.
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NewsAsos set to close outlet department
Fashion giant Asos is set to close the outlet department of its business, which is home to non-strategic third-party brands, in a bid to continue its focus on improving profitability.
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NewsNaked Wines reports ‘foundations laid to focus on profitable growth’
Online specialist Naked Wines has said its focus on profitability will pay off despite suffering a statutory full-year loss.
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NewsOcado sales rise as customer proposition strengthened
Online grocer Ocado has reported an increase in quarterly sales following price cuts and a focus on improved execution.
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NewsQuiz warns on profits as cost of living hits consumers
Fashion retailer Quiz has cautioned that a full-year loss is likely after sales in the year to date fell below the previous year’s levels.
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NewsKingfisher cuts profit forecast as tough trading conditions bite
DIY giant Kingfisher has slashed full-year profit expectations after facing harsh trading conditions, particularly in overseas markets.
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Opinion‘Tech modernisation should not be about complex integration’
Retailers no longer have to choose between a rock and a hard place when it comes to modernising technology, says AlixPartners’ Brian Kalms
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NewsExclusive: Discounters and value retailers to be fastest growing grocers in next five years
The discounters Aldi and Lidl and value giant Poundland are set to be the fastest-growing food retailers in the UK over the next five years.