Tag : retail
Sales to Chinese customers in the West End over the Chinese New Year period will grow by 14.3% to £32m this year compared with last year’s equivalent, the New West End Company has predicted.
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.
Sports Direct to open gaming areas in storesSubscription
Sports Direct plans to launch gaming concessions and e-sports areas in some of its stores, after owner Mike Ashley signed a £3.2m deal with video games retailer Game Digital to buy 50% of its e-sports division Belong.
British Land has bought the Woolwich Estate in south-east London for £103m deal.
Footwear retailer Soleheaven is putting together a management board, as it eyes rapid overseas expansion within the next five to six years.
Pep & Co managing director quitsSubscription
Pep&Co’s managing director Adrian Mountford and trading director Cathy Haydon are leaving the value fashion retailer, it has emerged.
Consumer confidence recovers slightlySubscription
Consumer confidence rose during January, although it is not clear whether the rises signal “a temporary blip rather than a strong sign of recovery”.
Joules has posted robust rises in sales and profits in its latest set of half-year results, defying ongoing uncertainty in the UK market.
John Lewis fashion sales dipSubscription
Fashion sales at John Lewis have dipped by 0.4% on last year, in the week to 27 January.
Superdry's Julian Dunkerton pockets £17.8mSubscription
Superdry co-founder Julian Dunkerton has banked nearly £18m after selling off one million shares, priced at £17.80 per share.