The British Fashion Council and the Mayor of London have announced the launch of the September Fashion Showcase on London's Oxford Street as the fashion industry looks forward to one of the most important events in its calendar.
Debenhams, Halfords, Hummingbird Bakery and MADE.COM have all been shortlisted for the 2013 Online Retail Awards, now in its fifth year of recognising excellence in the e-commerce sector. Open to all online retails across all platforms, the 2013 shortlist includes some high street stalwarts as well as some new kids on the block: three-year-old homeware brand Urbanara features alongside department store Debenhams and MADE.COM, while young British company Natural Balance Foods competes with 9-year old Hummingbird Bakery.
The World Retail Congress has now revealed the final shortlist for the annual World Retail Awards. A record number of entrants were picked for this year’s awards, encompassing an eclectic range of retail sectors and countries from around the world. However, a 16-strong panel of expert judges, all of whom are senior retail leaders, have selected the finalists they believe to be the most outstanding and worthy of a place in the final.
Debenhams has said it will meet analysts’ expectations for the year in spite of recent weak sales.
New details emerge that Debenhams will add an extra trading floor to its flagship Oxford Street store, as its £25 million year-long refurbishment plan approaches its November deadline.
Kids are spending an average of £4 less on Father’s day gifts for 2013, new research by Debenhams reveals. The department store group found the average gift for dads in 2012 came to £16, dropping to £12 in 2013. While kids might be cutting corners, Debenhams on Friday reported seeing a 7 per cent increase in people buying Father’s day gifts compared to last year, suggesting those that do buy something are just being more thrifty with their Father’s Day purchases.
Debenhams is reported to have identified up to 70 high streets and shopping centres where it hopes to open outlets and expand its UK store portfolio. After reporting back this week on a tough half which saw profits fall 5.4 per cent, Debenhams is now thought to be re-evaluating its presence on the high street, looking to add up to 70 new stores to its current portfolio.
Debenhams focuses on second half after 5.4 per cent fall in profits for the first half of its financial year. The department store group, which has 165 locations across the UK and Ireland, on Thursday revealed a fall in first-half profit in line with expectations after the retailer issued a profit warning in March.
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