All News articles – Page 9
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NewsAsos cuts interest rates in new refinancing deal
Asos has secured new refinancing worth nearly £238m in a deal that will slash its interest rates by £5m each year.
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NewsAmazon to run 12-day Black Friday event
Amazon will run its “Black Friday Week”, an event spanning 12 days of customer deals, in the UK.
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NewsThe Works ‘pleased with progress’ despite broadly flat sales
The Works said it was “pleased with the progress” of its new strategy, despite reporting broadly flat sales growth in the first half.
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NewsMarks Electrical CEO sees green shoots despite falling profits and revenues
Marks Electrical profits and revenues have fallen after the retailer focused on “repositioning its inventory” in the first half, but its chief executive sees signs of recovery after returning to profitability in October.
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NewsBurberry narrows losses as turnaround takes effect
Burberry has narrowed its half-year losses, despite reporting a dip in sales, as its turnaround strategy begins to take effect.
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NewsB&M profits slump as CEO shuffles leadership team
B&M profits plunged in the first half of the financial year, as the retailer’s new chief executive made sweeping changes to his leadership team.
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NewsMonsoon Accessorize appoints chief digital officer
Fashion retailer Monsoon Accessorize has recruited a new chief digital officer.
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NewsKenji secures new funding as it eyes international and store expansion plans
Retailer Kenji has struck a new funding deal with HSBC to support its acquisition of a new warehouse and to push forward with plans to open multiple new high street stores.
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NewsMarks & Spencer appoints BA boss to board
The chief executive of British Airways has been named a non-executive director of Marks & Spencer.
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NewsM&S adds Hugo Boss to its online platform
Marks & Spencer has added Hugo Boss to its ‘Brands at M&S’ online platform as the retail giant continues to strengthen its menswear offer, Retail Week can reveal.
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NewsAllSaints appoints new finance chief from Asos
Fashion retailer AllSaints has named a new chief financial officer.
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NewsSuperdry enters ‘new chapter’ with brand refresh
Superdry has marked the start of a “bold new chapter” as it unveils a new brand identity following its return to profitability earlier this year.
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NewsThe White Company launches on-demand delivery service
The White Company has become the latest retailer to launch an on-demand delivery service for its most popular products.
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NewsGrocery sales climb but shoppers focus on deals
Supermarket sales rose in October, when consumers prioritised value for money as they scooped up cut-price offers.
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NewsCo-op to push ahead with new store openings amidst cyber attack recovery
Convenience specialist the Co-op has unveiled plans to open or refurbish dozens of stores, as part of plans to recover from the cyber attack, which laid it low earlier this year.
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NewsFashion to deliver strongest sales growth of any category this Christmas
Despite the doom and gloom surrounding the economy, clothing sales are likely to deliver the strongest year-on-year growth of any UK retail category, according to new Christmas forecast data.
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NewsRetail sales subdued as consumers wait for Black Friday deals
Retail sales in October grew at the weakest rate since May, with many consumers appearing to delay spending until Black Friday.
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NewsAsda expands on-demand delivery partnership with Uber Direct
Grocery giant Asda has announced the expansion of its rapid delivery partnership with Uber Direct, signing a new multi-year preferred partner agreement.
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NewsMountain Warehouse founder takes back control
Mountain Warehouse founder and chief executive Mark Neale has taken back control of the outdoor clothing and equipment specialist.
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NewsFootasylum bolsters its European presence
Footasylum is set to expand into Germany and Austria as it looks to bolster its international presence.