Amazon prepares for tech-fuelled Black Friday Subscription
Amazon is preparing for its largest-ever Black Friday sale, and has introduced new technology across the site in an effort to win over shoppers.
Profits up at Primark Subscription
Revenues at Primark have risen by 6% to £7.5bn for the year to 15 September 2018, while profits jumped by 15% to £843m.
New Look boosts profits despite revenue knockSubscription
New Look has almost doubled its half-year EBITDA for the 26 weeks to 22 September 2018, up to £49.8m compared with £24.2m in the same period last year. However, the retailer’s sales continue to slow.
Retail sales in the UK rose slightly in October, new figures from the BRC KPMG Retail Sales Monitor show.
Master Debonair opens in LondonSubscription
North-east England-based independent menswear retailer Master Debonair will open its first London store at 49 Commercial Street in Shoreditch, next week.
Dover Street Market, the designer concept store founded by Comme des Garçons creative director Rei Kawakubo, opened its sixth worldwide location in LA’s Arts District this weekend.
Halloween fails to boost footfall Subscription
Retail footfall figures continue to decline across the UK. The latest figures from Springboard show an overall year-on-year drop of 1.1% for the week beginning 28 October.
Drapers is hosting an online careers fair in January to help industry professionals to discover new employment opportunities from the comfort of their own homes, or while on the move.
Canada Goose acquires footwear companySubscription
Luxury outerwear brand Canada Goose has bought footwear maker Baffin for $32.5m (£19m).
Asos bosses' bonuses cutSubscription
Following failure to hit targets, Asos bosses have had their bonuses cut for the first time in four years.