UK’s private equity firm TDR Capital secures majority ownership of Asda, significantly shifting the supermarket’s ownership dynamics.TDR Capital’s acquisition of Zuber Issa’s 22.5% stake increases their…
Browsing: Retail
In 2024, the fashion industry is experiencing significant transformations driven by technological advancements. Key trends include increased data collection in supply chains, innovations in cyber-space retail,…
Reserved strengthens its presence with a new store and e-commerce strategy.Polish retailer Reserved has inaugurated its fifth London store, located in Westfield London.The Westfield London store…
PrettyLittleThing, a prominent online fashion retailer, has made a significant change in its return policy.As of June 3, PrettyLittleThing charges a £1.99 fee for UK returns,…
The British Independent Retailers Association (Bira) is initiating legal action against Amazon, seeking £1bn in damages on behalf of independent retailers.Bira accuses Amazon of utilizing retailers’…
The departure of Virginie Viard as Chanel’s creative director sparks industry discussions about gender roles and future leadership.Virginie Viard joined Chanel in 1987 and became the…
N Brown Group sees a turnaround with profit achieved despite a revenue drop, showcasing strategic resilience.The company reported a profit of £5.3m, against last year’s loss,…
The British Fashion Council outlines its top five priorities for the new UK government ahead of the July 4, 2024, election.Restoring the VAT Retail Export Scheme…
Superdry’s chief commercial officer Craig McGregor is set to leave amidst strategic restructuring.Craig McGregor, who joined Superdry in 2020, will step down as the company undergoes…
The iconic Harrods department store in London has made its first foray into environmental accountability with the release of its inaugural ESG report.The report covers achievements…