Tag : retail
Discounting fuels fashion sales at John LewisSubscription
Fashion sales at John Lewis have grown by 12.8%, fuelled by price matching a rival retailer’s promotional event.
Sports Direct has reportedly launched a legal claim against the wife and stepson of former Baugur boss Jon Asgeir Johannesson.
‘Busy stores’ driving Christmas shoppers awaySubscription
Busy stores have been named as the main frustration for 43% of UK shoppers over the festive period, according to new data.
‘Perfect storm’ to hit retail margins in 2017 Subscription
Operating margins will fall by 3%-5% in 2017 as a “perfect storm” of challenges hits high street retailers, a new report has shown.
The number of online retailers launching physical stores is growing, while internet sales growth is expected to slow.
5,500 fashion retailers at risk of insolvencySubscription
More than 5,500 clothing retailers are estimated to be at risk of becoming insolvent, as business rates and Brexit negotiations continue to add pressure on the industry.
A fashion for flexibility: the new way to workSubscription
Flexible working and the need for a good work/life balance is an increasingly hot topic, particularly among millennials. Drapers digs into balancing fashion and flexibility.
Nearly a fifth (19%) of clothing retailers in the UK are showing “early warning signs” that they are at risk of going insolvent, according to accountancy firm Moore Stephens.
Adidas launches east London flagshipSubscription
Adidas has unveiled a new 1,900 sq ft flagship in Shoreditch, featuring a space for local creatives.
AllSaints sales shoot up Subscription
Sales at AllSaints leapt by 20% to £303m in the year ended 28 January, but its profits slipped as it invested in entering Japan.