Tag : retailers
Wages up despite slowdown in employmentSubscription
Average pay for British workers increased by 4% year on year in the three months to July, latest figures reveal.
‘Desperate’ retailers discount autumn stockSubscription
High street and online retailers across the UK have launched discounts on new-season products, as warm temperatures dampen demand for autumn stock.
71% of UK retailers with a turnover of £50m-plus expect to grow sales in the next five years, despite operating in a challenging trading environment.
Burberry CEO pay outpaces FTSE averageSubscription
Pay for chief executives of FTSE 100 companies shrank 13% year on year to an average of £3.4m in 2018, but the salary for the top job at Burberry increased by 112%.
Government urged to support creative educationSubscription
Fashion industry leaders have signed an open letter urging the government to recognise the “critical” role of creative education for young people, the creative industries, and for the economy as a whole.
Debenhams restructuring officer to take top jobSubscription
Debenhams is reportedly set to announce Stefaan Vansteenkiste as its new CEO, as chairman Terry Duddy steps down.
Fashion retailers drive growth of online sales Subscription
Fashion etailers drove the overall growth of online retail sales in the year to 30 June, as their combined sales rose by 31% to £3.4bn.
Lifestyle brand Joules is celebrating its 30th anniversary in 2019. Founder Tom Joule and CEO Colin Porter explain to Drapers why customer closeness is vital and share where the brand is heading next.
Next most searched brand in the UKSubscription
High street chain Next was searched 82 million times on Google from May 2018 - April 19, making it the most searched brand in the UK.
Retailers to scale back 'kiss of death' Black Friday Subscription
After a promotional start to the summer season, and with exactly four months to go until Black Friday, retailers are planning to scale back their discounting plans as the promotional frenzy fails to deliver profitable sales.