All articles by Ritika Bhoora – Page 5
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News
Chancellor met Shein boss over potential London IPO
Chancellor Jeremy Hunt held talks with Shein boss Donald Tang to try to persuade the Chinese fast-fashion giant to float on the London Stock Exchange.
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News
Miniso to open store at Westfield Stratford City
Chinese lifestyle retailer Miniso is set to open its first store in east London at Westfield Stratford City in March.
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News
Lululemon to relocate and upsize London flagship
Global athleisure and activewear retailer Lululemon will be relocating and upsizing its flagship store in Covent Garden, London.
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News
Frasers strengthens board with four ‘high-calibre’ directors
Frasers has appointed four new executive directors to its board, reaffirming “the group’s confidence in its long-term growth and elevation strategy”.
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News
Reintroducing tax-free shopping would be ‘welcome relief’ for luxury sector
Reinstating tax-free shopping for tourists visiting the UK would be a welcome relief for the luxury sector, which is suffering from softer consumer demand, according to GlobalData.
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Gallery
Sports Direct’s new outdoor sports concept store in Cardiff
Sports Direct has opened doors to a new outdoor sports concept store in its latest flagship in Cardiff, Wales.
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News
Sports Direct launches new outdoor sports flagship in Cardiff
Sports Direct has launched a new outdoor sports concept as it opens its fourth flagship store in Cardiff, Wales.
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News
UK consumer confidence falls but optimism for year ahead remains
Consumer confidence took a dip in February as the UK entered recession, but the outlook for the next 12 months remains sturdy as consumers continue to spend despite the cost-of-living crisis.
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News
Tesco launches media partnership with Vauxhall Motors
Tesco has launched a new media partnership with Vauxhall Motors allowing the car manufacturer to advertise products through channels within the Tesco Media and Insight portfolio, including social, digital and connected TV, as well as in-store radio and Tesco magazine.
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News
Gymshark announces new premium athleisurewear range
Gymshark posted a rise in sales for the full year ending July 2023, which the retailer said was “underpinned by the relevance and quality of our product” and “the resonance of our brand”.
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News
WHSmith and Holland & Barrett urge Body Shop employees to apply for jobs
Retailers including WHSmith and Holland & Barrett are offering roles to employees affected by store closures and redundancies announced by The Body Shop.
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News
The Body Shop UK store closures begin as administrators take charge
The Body Shop is set to close approximately half of its UK stores and cut 40% of head office jobs as administrators announced a plan to restructure the business in the country.
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News
Exclusive: Over 2,000 jobs at risk as The Body Shop’s European businesses left in limbo
The Body Shop’s businesses across continental Europe are in danger of collapsing, leaving the fate of thousands of jobs and hundreds of stores in multiple countries in the balance.
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News
Farfetch to cut up to 30% of workforce as Coupang takes over
Farfetch is set to cut up to 30% of its total workforce as global ecommerce retailer Coupang takes ownership, Drapers has reported.
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News
Currys rejects ‘significantly undervalued’ takeover proposal
Currys has rejected a takeover proposal by US investment firm and owner of Waterstones Elliott Advisors as it “significantly undervalued” the company.
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News
Nike to cut jobs as part of cost-saving measures
Global sportswear giant Nike will cut nearly 2% of its total workforce as it looks to reduce costs after predicting slowing demand and “softer” sales in the second half of the year.
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News
Retail sales rebound but recession worries loom
Retail sales grew in both volume and value across all subsectors except clothing in January, rebounding after December’s fall, according to the latest Office for National Statistics retail sales data.
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News
Asda faces strike threat at three more supermarkets
Staff at three more Asda stores are set to vote for strike action as the GMB said the supermarket staff were ”forced to do more work with fewer colleagues and worsening health and safety standards”
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News
Debenhams launches AI-driven personalised beauty service
Debenhams has partnered with AI and AR beauty platform Revieve to offer consumers personalised skincare, haircare and makeup advice on the retailer’s website.
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Analysis
Can The Body Shop be salvaged after collapsing into administration?
As The Body Shop falls into administration less than three months after being bought by private equity firm Aurelius, Retail Week explores what happens next for the once-disruptive British retailer