Australian retailer Harvey Norman debuts in England with its first UK store at Merry Hill, West Midlands.The new flagship, spanning 57,000 sq ft, showcases luxury furniture,…
Browsing: Retail
Amid strategic shifts, Frasers Group’s £111 million offer for Mulberry has been turned down, with significant implications for the luxury brand market.Frasers Group, holding 37% of…
Ger Wright, Managing Director of Sport at Frasers Group, will depart from her role at the end of November.Wright has been instrumental in advancing the group’s…
A coalition of retailers is pressing Chancellor Rachel Reeves to act on business rates reform, highlighting a looming financial burden for small businesses. Insights from Altus…
In the competitive world of fast fashion, Shein’s UK sales have remarkably surpassed those of Boohoo for the first time, signaling a significant industry shift. Here’s…
Kim Jones, who has served as Fendi’s artistic director of womenswear and couture, will step down from his role after four years, according to LVMH.Jones began…
River Island has reported a significant pre-tax loss, highlighting the difficulties faced in the current market.The company’s sales have contracted by 15%, falling to £701.5 million…
Danish fashion group Bestseller has successfully increased its profits by 8% to DKK 5.3 billion (£590 million) despite facing a revenue decline.The company’s annual revenue fell…
In a significant move, the Qatar Investment Authority (QIA) has divested £305 million worth of shares in Sainsbury’s, triggering notable consequences in the stock market.The QIA…
Detroit-based StockX, a leader in footwear and streetwear resale, appoints Nicholas Karrat as CMO.Karrat transitions from Tommy John, where he led marketing efforts since 2019.He will…