All articles by Ritika Bhoora – Page 2
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NewsSports Direct fails to get injunction against Newcastle United FC
Mike Ashley’s Sports Direct has failed to get an injunction against Newcastle United to stop the football club’s exclusive kit deal with rival sports retailer JD Sports.
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NewsBath & Body Works to open first standalone store in London
US beauty and lifestyle retailer Bath & Body Works is set to open its first standalone store at Westfield London shopping centre in White City.
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NewsTesco joins rivals to launch ‘Best of British’ page on website
The UK’s largest supermarket Tesco has joined rivals to launch a ‘Best of British’ page on its website to support local farmers and producers.
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NewsMajestic Wine opening first store on Channel Islands
The UK’s largest specialist wine retailer has revealed plans to expand to the Channel Islands as it doubles down on its investment into bricks-and-mortar growth.
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NewsTHG Beauty boss expects return to growth in ‘extremely buoyant’ market
THG Beauty, which owns pureplay retailers including Lookfantastic and Cult Beauty, expects to return to growth in the next financial year as sales grew at a double-digit rate in the last quarter and the premium beauty market in the UK remains “extremely buoyant”, according to chief executive Lucy Gorman.
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NewsFrasers to acquire Dutch sports retailer Twin Sport
Frasers Group has entered a binding agreement to acquire Dutch omnichannel sports retailer Twin Sport as it looks to “become the number one sporting goods retailer in Europe, the Middle East and Asia” region.
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NewsSports Direct calls Newcastle kit deal 'unlawful' as it kicks off court hearing
Sports Direct headed to court against Newcastle United as it claimed the exclusive kit deal between the football club and rival JD Sports to be “unlawful”.
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NewsAS Watson appoints Malina Ngai as new group CEO
AS Watson Group, which owns Superdrug, Savers and The Perfume Shop in the UK, has appointed Malina Ngai as the new group chief executive, starting May 1.
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NewsSephora to open two new stores in the North East
French beauty giant Sephora has revealed its plans to open two new stores in Newcastle and Gateshead, following the success of its flagships in London.
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NewsRetail sales handed boost by early Easter
UK retail sales increased in March driven by an early Easter, which boosted food and non-food sales ahead of the long weekend, according to the latest BRC-KPMG Retail Sales Monitor.
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AnalysisMyntra: Who is the fashion marketplace partnering with Next in India?
After highlighting overseas ambitions as one of three key strategies for growth in its latest results, Next last week inked a franchise deal with Indian marketplace Myntra to expand in the territory. Retail Week takes a look at the brand’s new partner, its history and how the deal fits in with Next’s wider strategy
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NewsFrasers to open Sports Direct flagships in London Westfield centres
Frasers Group is set to open two new Sports Direct flagship stores in Westfield London shopping centres as it expands its “elevation strategy”.
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NewsThe Body Shop administrator proposes CVA to rescue business
The Body Shop’s administrator has proposed a company voluntary arrangement (CVA) to rescue the business, according to a report outlining the struggling beauty chain’s financial position and the events leading up to its administration.
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NewsManzanita Capital to put Space NK up for sale
Space NK owner Manzanita Capital is in talks to appoint bankers to oversee a partial or complete sale of the premium high-street beauty retailer, Sky News reported.
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NewsDecathlon sales rise in ‘transformative year’
Sportswear giant Decathlon has reported a rise in sales as it revamped its global brand identity and laid “strong foundations for the future” in “a transformative year” for the company.
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NewsCo-op profits and sales drop as crime levels reach record high
The Co-op has reported a fall in profits and sales in the full year ending 2023 as it faced challenges due to increased levels of shoplifting and inflationary headwinds.
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NewsAdanola appoints former Gymshark head as CEO
Athleisurewear brand Adanola has named Gymshark’s former chief commercial officer, Niran Chana, as chief executive as the brand eyes international expansion.
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NewsShop price inflation falls to lowest level since December 2021
Shop price inflation eased to the lowest level since December 2021 in March “as retailers continued to compete fiercely to bring prices down for their customers”.
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AnalysisJD Sports CEO Régis Schultz kicks on despite sluggish sportswear growth
As the sportswear market goes through a period of uncertainty, taking a hit from inflationary pressures, reduced consumer spending and a lack of innovation, JD Sports chief executive Régis Schultz remains confident in the retailer’s execution
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NewsBoots sales rise as market share increases for 12th consecutive quarter
Boots has reported growth in both in-store and online sales in the three months ending February 29, 2024, as it delivered a retail market share growth for the 12th consecutive quarter.