All News articles – Page 7
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NewsFrasers raises Boohoo stake for second time in a week
Frasers raised its stake in Boohoo for the second day in a row as it continues to build its “strategic investments”.
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NewsGlossier signs exclusive UK retail partnership with Sephora
Glossier has entered its first retail partnership in the UK and will now be available in Sephora’s Westfield Shepherds Bush store as well as on Sephora’s website and app, from September 15.
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NewsNext buys £128m stake in Reiss from private equity firm
Fashion giant Next has confirmed the purchase of private equity firm Warburg Pincus’ 34% stake in Reiss, upping the retailer’s total stake to 72%.
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NewsHMV owner Putman moves closer to rescue deal for Wilko
HMV owner Doug Putman is said to be edging closer to buying a large portion of troubled retailer Wilko.
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NewsLululemon sales jump as revenue ‘exceeds expectations’
Lululemon has recorded strong sales and revenue growth that “exceeded expectations” as it continues to enhance its business model and product offering.
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NewsM&S launches challenge against government rejection of Marble Arch overhaul
Marks & Spencer is launching a legal challenge against a government decision to reject plans for the redevelopment of its flagship Marble Arch store.
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NewsRevolution Beauty sales increase despite ‘well-publicised upheaval’
Revolution Beauty posted an increase in sales driven by the “relevance, affordability and strength of the Revolution Brand” despite “well-publicised upheaval” for the business.
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NewsWilko redundancies to go ahead as rescue bid collapses
Wilko redundancies will go ahead as a last-minute rescue bid from a private equity firm has fallen through.
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NewsHundreds of redundant Debenhams staff triumph in legal battle
A total of 419 former Debenhams employees who were made redundant following the retailer’s collapse have won a legal battle after a tribunal judge ruled Debenhams had “failed in its duty to consult with its staff”.
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NewsM&S returns to FTSE 100 after four years
Marks & Spencer has returned to the FTSE 100 index after four years as its share price surged and its turnaround strategy paid off.
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NewsRetail footfall shows slow growth as consumers rein in spending
Footfall across UK retail destinations showed little growth in August as consumers limited their leisure trips.
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NewsJohn Lewis unveils online Christmas shop for 2023
John Lewis has unveiled its online Christmas shop for 2023 as customer searches for gifts “double” in comparison to this time last year, according to the retailer.
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NewsThe Perfume Shop price freeze saved customers £870k
The Perfume Shop said its price-freeze initiative, rolled out in late 2022, has saved UK shoppers more than £870,000 this year.
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NewsUniqlo names new CEO and COO in leadership shake-up
Uniqlo parent company Fast Retailing has announced changes to Uniqlo’s senior leadership team, appointing Tadashi Yanai as chief executive and Daisuke Tsukagoshi as president and chief operating officer, starting from September 1.
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NewsSuperdry shares suspended as results delayed
Shares in fashion retailer Superdry have been suspended as full-year results were delayed.
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NewsThe Works posts profit fall but says strategy bearing fruit
Crafts, toys and books retailer The Works has posted a fall in full-year profits but said current trading is in line with expectations.
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NewsM&S opens Wembley Stadium stores alongside healthy eating campaign
Marks & Spencer has opened two stores in Wembley Stadium and launched a grassroots football healthy eating campaign as it builds upon its partnership with the home nations’ football associations, following the women’s World Cup.
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NewsIkea to trial car boot sale concept
Ikea is hosting a second-hand Sale in two of its store car parks this weekend to allow customers to buy and sell pre-loved home furnishings.
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NewsWilko redundancies on hold while rescue bids considered
Redundancies at Wilko have been put on hold while last-minute rescue bids for the troubled retail chain are considered.
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NewsJohn Lewis Partnership joins retailers covering VAT on period pants
John Lewis Partnership has become the latest retailer to cover the cost of VAT on period pants to ensure that period products are “affordable for all”.