Accessories Amazon Asda Christmas Expansion & Franchise Fashion HR News High Street John Lewis London Marks & Spencer Media News Results Retail Retail and Consumer Industry Retail news Sainsbury's Store Tesco UK brand china consumer deal deals and rumours department department stores e-commerce electricals expansion fashion news food grocer group launch luxury morrisons my online online retail people profit property retail property retailer sale sales supermarket waitrose
Hugo Boss hit with fall in Q1 sales Thursday, 2nd May 2013
Hugo Boss reported a bigger-than-expected fall in first-quarter sales as tough trading in Europe and a slowdown in Asia hit home for the German fashion house. Sales eased by 2 per cent to £593 million for the first quarter, while EBITDA fell 11 per cent to £133 million. A Reuters’ consensus poll expected flat results, with analysts forecasting a core profit decline between 7 and 13 per cent.
Greggs chief departs for Brakes Monday, 10th December 2012
Greggs, the UK’s largest bakery chain, on Monday announced it is looking for a boss after chief executive Ken McMeikan handed in his notice. McMeikan, who has headed up the retailer since 2008, will be swapping the bakery for a position at Brakes, one of the largest food suppliers in the UK and France.
Hugo Boss streamlines core brand Wednesday, 11th July 2012
Top-of-the-line Boss Selection has now been incorporated into the Boss core brand, as premium fashion house responds to Chinese customer base. WWD on Wednesday reported that Hugo Boss would respond to wishes of its customers, and especially those in China, by including its luxury product range within the core Boss range.
Tesco chief Richard Brasher resigns from post Thursday, 15th March 2012
Photo credit: Tesco plc Sky News this morning reported that the UK boss of Tesco, Richard Brasher, has resigned from his position with immediate effect. Brasher, who spent a year in the role, will leave the company in July. Group chief executive Philip Clarke will assume Brasher’s position for the UK...
Phil Wrigley: High street model is “irrelevant” Thursday, 2nd February 2012
Majestic Wine chairman and former boss of New Look, Phil Wrigley, has described Mary Portas’ review of the high street as the “right diagnosis, wrong prescription”. Speaking at Oxford University, Wrigley said the traditional high street model is “almost completely moribund,” stating: “It is...
Fashion Rocks to open at Westfield Stratford City Friday, 12th August 2011
The chain, set up by the founders of USC, will open a 12,000 square foot store on 13 September on The Street, one of the scheme's outdoor areas.
Fashion Rocks is expected to stock Dolce & Gabbana, Boss, McQueen, Mulberry and Gaudi.
The £1.45 billion Westfield Stratford City development is the gateway to the Olympic Park, and will be anchored by John Lewis, Waitrose and Marks & Spencer.