All News articles – Page 10
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Mango profits double as sales surpass €3bn for the first time
Mango has announced soaring profits and sales for the 2023 financial year, with sales surpassing €3bn (£2.64bn) for the first time.
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Dunelm non-exec named new customer director
Dunelm has announced that a non-exec director has stepped down from the board to take on a full-time role as the retailer’s customer director.
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Ann Summers sales and profits heat up as shoppers return to stores
Ann Summers has posted an increase in full-year sales and profits as Halloween proved a hit and customers returned to in-store shopping.
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Superdry lines up Hilco to secure £20m loan
Embattled fashion retailer Superdry is reportedly having discussions with one of its existing lenders, Hilco, to negotiate a new multimillion-pound funding facility.
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Primark unveils 9% retail staff pay rise
Fashion giant Primark has announced a pay rise of more than 9% to around 27,000 of its employees, effective from April 1.
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The Body Shop files for bankruptcy in US and Canada
The Body Shop’s US and Canadian arms have filed for bankruptcy despite being profitable after the beauty retailer’s UK business went into administration last month.
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Inditex investors call for full supply chain transparency
Investors behind Zara owner Inditex are calling on the fashion giant to declare a full list of suppliers to the public to manage supply chain risks and better assess situations moving forward.
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Elliott Advisors abandons Currys takeover plans
US investment firm Elliott Advisors has confirmed it is abandoning takeover plans for electricals retailer Currys.
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HMV boss Doug Putman considers rescue bid for The Body Shop
HMV owner Doug Putman is reportedly mulling a bid to buy The Body Shop out of administration after its collapse in February just weeks after being taken over by Aurelius.
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McDonald’s unveils new uniform in bid to empower employees
Fast-food giant McDonald’s has announced the trial of a new workwear collection for its employees, marking the first change in the company’s uniform since 2016.
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Matalan brings in five new faces to top team
Fashion retailer Matalan has announced five new senior hires at the business in the latest update to its top team.
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Currys completes sale of its Greek business Kotsovolos
Currys has completed the sale of its Greek business Kotsovolos after first entering a deal with Greek electricity supplier Public Power Corporation (PPC) in November last year.
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Frasers Group puts Matches into administration
Frasers Group is putting online luxury fashion retailer Matchesfashion into administration after buying it less than three months ago.
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B&Q and DTC paint company Lick strike in-store partnership
B&Q is set to stock a range of paint, samples and decorating accessories from direct-to-consumer brand Lick in its stores across the UK and Ireland.
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Exclusive: Deliveroo expands Screwfix partnership to 15 locations
Deliveroo has expanded its partnership with Screwfix to reach 15 locations since its launch, Retail Week can reveal.
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Hugo Boss sales hit €4bn for first time in record year
Fashion retailer Hugo Boss has posted sales of more than €4bn (£3.4bn) for the first time in its history in a “record” year for the business.
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Currys launches new Fortnite game to help zap electronic waste
Currys has launched its first-ever game created in Fortnite to inspire Gen Z users to limit their electronic waste.
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Abercrombie & Fitch sales surge across all regions and brands
Abercrombie & Fitch Co has posted a surge in sales in its fourth quarter and the full financial year, with sales up in all regions and across all brands.
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Foot Locker records losses despite sales rise
New York-based sports retailer Foot Locker has reported a net loss, despite sales being ahead of expectation in the fourth quarter of 2023.
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M&S bolsters Nobody’s Child presence with new pop-ups
Marks & Spencer has announced it will open further Nobody’s Child pop-up shops within its stores across the UK, following a successful trial last summer.