All News articles – Page 12
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N Brown profits up despite dip in sales
Fashion group N Brown, which owns brands including Simply Be, Jacamo and JD Williams, has reported a dip in sales for the full year despite a boost to profits amid ongoing “challenging market conditions”.
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Asda most expensive supermarket for fuel, says RAC
Asda is the most expensive UK supermarket for fuel, according to new research.
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Authentic snaps up iconic sportswear brand
Authentic Brands Group, which owns Reebok, Hunter and the collapsed Ted Baker, has added another iconic brand to its portfolio.
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Tesco opens new online marketplace
The new online marketplace will give customers the chance to shop for thousands of third-party products alongside Tesco groceries.
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Exclusive: Harrods publishes new ESG report
Luxury department store Harrods has laid out a set of new sustainability goals “for 2024 and beyond”.
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Ryman rolls out first-ever wedding range
The wedding range is being rolled out online and in Ryman stores nationwide starting from today (June 5).
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AllSaints unveils new collection in Next sales tie-up
Fashion retailer AllSaints has joined forces with the leading third-party retailer to launch a brand new product category, Retail Week has learned.
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UK retail sales to EU tumble in post-Brexit landscape
The UK’s trade relationship with the EU has “hit British brands and retailers hard” post-Brexit, according to the latest research by Retail Economics and Tradebyte.
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Monsoon branches out into bridal and occasion rental
Fashion and accessories retailer Monsoon Accessorize has announced a new partnership that will see it offer bridalwear and occasionwear rental options.
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Zara owner Inditex sales rise in ‘robust’ quarterly performance
Inditex, which owns the likes of Zara, Stradivarius and Bershka, has reported a rise in quarterly sales and profits as its spring/summer ranges continue to be “very well received”.
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B&M boss hails ‘good year’ and raises store openings target
Value retailer B&M Bargains has hailed the success of its store opening programme and upped its long-term store target number as profits and sales for the full year soared.
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WHSmith ‘well positioned’ for summer as travel business booms
WHSmith has maintained its guidance and said it is “well positioned” ahead of the peak summer trading period as it continues to take steps towards being a “one-stop shop” for travel essentials.
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Bath & Body Works posts ‘better than expected’ results
US-based retailer Bath & Body Works has “narrowed” its guidance for the full year as it recorded “better than expected” results.
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Sportswear retailer founded by ex-footballer posts ‘strong’ year of growth
A sportswear retailer founded by a retired British footballer has reported a ”strong” year of growth as it continues its expansion strategy.
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Asda poaches Lidl exec to run stores network
Asda has poached Lidl’s chief operating officer to head up its stores and distribution network, as it looks to further strengthen its senior management team.
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M&S boss pay jumps as profits soar
Marks & Spencer CEO Stuart Machin’s pay is set to rise after the turnaround he’s led has pushed the retailer into its strongest financial position in decades.
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Retailers ‘optimistic’ for summer of sport as May retail sales fall flat
UK retail sales saw only a “modest rebound” in May, according to the latest data from BRC-KPMG Retail Sales Monitor.
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Frasers drafts in former City regulator boss
Frasers Group has named the former boss of the Financial Reporting Council as its newest non-executive director.
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Getir running out of cash as rescue funding stalls
The founder of rapid delivery grocery app Getir is at odds with investors and is running out of time to agree a funding plan to keep the business afloat.
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Lidl promotes new marketing head from within
Lidl has promoted from within for its new marketing director, as the brand looks to continue its rapid growth in the UK.