The latest news
Delayed Sloane Street transformation to start, will see £46m spend
London’s Sloane Street is to be transformed into a greener and even more appealing shopping destination in a partnership between landlord/developer Caodgan and the local authority.
WGSN owner says revenue rises, but non-fashion is growth driver
Up-for-sale WGSN could have a new owner before the end of April. That’s the news from UK-based specialist information and analytics owner Ascential that earlier decided to offload the UK-based business in January.
Troubled Revolution Beauty announces financing and results date
Long-troubled multi-channel mass beauty retailer Revolution Beauty Group on Thursday updated the market on the timetable for publishing its delayed FY22 accounts, together with amendments to its banking facilities.
H&M profit gets Q1 Sellpy boost, says womenswear, COS and Arket are strong
H&M’s Q1 results showed the company increasing operating profit, net profit and sales in the three months to the end of February. But challenges remain and many spring season sales have been delayed by cold weather.
GXO Direct launches warehousing solutions for UK SMEs
It’s big in the world of UK and Ireland logistics with a client list already including M&S, ASOS, and Matchesfashion. But GXO has now launched GXO Direct in the UK offering shared warehousing solutions for smaller firms.
Next has good year, says price rises will slow
Fresh from news of its latest acquisition — Cath Kidston — Next has reported its annual results and as is usually the case with the company, it achieved a performance many peers would envy.
Cross and Bendjima star in new Farfetch campaign
Farfetch has unveiled its latest campaign with its SS23 creative featuring Marcia Cross of Desperate Housewives fame and model Younes Bendjima.
Luna Daily enters the U.S., secures $3.7 million investment
Intimate care brand Luna Daily announced on Tuesday the brand's U.S. debut via a partnership with Sephora.
L'Oréal defeats U.S. woman's lawsuit over 'Paris' product labels
A judge dismissed a proposed class action lawsuit accusing L'Oréal SA of tricking American shoppers into overpaying for its beauty products by making them believe the products came from France.
Footfall set for big Easter boost as consumers bide their time
Expect this year’s long Easter weekend to be strong for UK retail. That’s the forecast from MRI Springboard, which thinks shoppers are “holding back in anticipation”.
Landsec takes full control of St David’s mall, buys adjacent ex-Debenhams space too
Landsec now owns all of the successful St David's shopping centre in Cardiff, as part of the commercial property giant’s bid to build on “operational and strategic momentum”.
WBA reports rising sales, says Boots strengthened in Q2
With beauty and health retail giant Boots potentially up for sale again, its owner has released new figures showing its strength in the financial second quarter, the three months to the end of February.
WBA revisits Boots sale plan as sales rise at the chain
Boots could be back on the auction block. Having removed the ‘up for sale’ tag last year, owner Walgreens Boots Alliance could be looking to offload or float the UK health & beauty giant later this year.
Hyve Group talks of strong events momentum, revenues improving
Back to running a full schedule of global events, Hyve Group said Monday it has started this year with “purpose and momentum”, alongside strengthening revenues.
Matalan names new Chair from Takko, ex-Co-op food leader Whitfield is CEO
There’s a new leadership team at Matalan with the company announcing on Monday that Karl-Heinz Holland is now the company’s Chair and Jo Whitfield joins as CEO.
End of the online boom? Not for Millennials says ESW report
There's been a lot of talk post-pandemic about how e-tail growth has stalled and physical shopping has recovered. But many consumers remain heavily focused on e-commerce, and Millennials are most prominent among them.