All articles by Chloe Mills – Page 3
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Analysis
What to look out for in Next’s results after the washout weather for fashion retailers
Next will be hoping to wow shareholders with yet another stellar performance when it publishes its second-quarter update for the 26 weeks to July 27, 2024 on Thursday. But with washout weather dominating the months of April to July, has Next managed to weather the storm? Retail Week explores what might be coming next.
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News
Boohoo lenders have tapped advisers to talk refinancing as debt deadline looms
Lenders to the Boohoo Group have reportedly drafted in advisers to discuss refinancing options for the business amid ongoing losses.
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News
Ted Baker’s high street presence at risk as administrator plans to close all stores
Ted Baker could disappear from the high street once and for all as administrators gear up to close all its stores in the coming weeks.
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Analysis
How loyal will customers be to Pret a Manger without their free drinks and cheap food?
As Pret faces the backlash from axing its “too good to be true” subscription service, Retail Week looks at how far is too far when it comes to building customer loyalty and offering value for money
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News
Crew Clothing’s sales and profits have surged despite fashion retail battles
Crew Clothing has posted a surge in sales and profits for the 2023 financial year despite the ongoing challenges posed by the cost-of-living crisis.
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News
Majestic has ramped up its bricks-and-mortar expansion with fresh £1m investment
Majestic Wine is ramping up its commitment to bricks and mortar with a fresh £1m investment in its store estate.
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Interview
Q&A: Luxe Collective co-founder targets £1m in a day on TikTok despite luxury struggles
As pre-loved luxury increases in popularity, among the influential Gen Z consumer in particular, Luxe Collective co-founder and chief executive Ben Gallagher talks to Retail Week about what makes the resale platform unique, the importance of social media to fuel growth and his aim for the business to make £1m revenue in a day on TikTok Shop
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News
Exclusive: Superdry CTO exits as Dunkerton aims to bolster board with new hires
Superdry boss Julian Dunkerton is rebuilding elements of his top team after its chief technology officer left the business and the search for new board members is underway, Retail Week can reveal.
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News
Matalan has bolstered its brand portfolio with new third-party additions
Fashion retailer Matalan has bolstered its third-party brand offering with 29 new additions across womenswear, menswear, homeware and accessories.
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News
John Lewis has partnered with Timpson on a repair service
Customers at John Lewis will be able to give clothing, accessories and homeware pieces a new lease of life via a new in-store repair service in partnership with Timpson.
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News
The owner of Homebase is mulling a sale after a takeover approach from The Range
Homebase owner Hilco Capital is reportedly mulling a sale of the DIY retailer to The Range after being approached regarding a potential takeover.
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News
Cotton Traders’ sales and profits have dipped amid ongoing ‘macroeconomic turmoil’
Fashion retailer Cotton Traders has reported a dip in sales and profits for the 2023 full financial year amid ongoing “macroeconomic turmoil”.
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News
Retail guru Mary Portas is backing a new campaign to block Shein's IPO
Say No to Shein has launched a new petition calling on the government to block the highly-anticipated IPO.
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News
'Fierce competition between retailers' helped keep inflation down in June
The rate of inflation in the UK held firm in June and in line with the Bank of England’s target, according to the latest data from the Office for National Statistics (ONS).
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News
Ocado has lost its battle to open a new DC next to a London primary school
Ocado has been banned from opening a new distribution centre next to a primary school in London after the Planning Inspectorate dismissed its appeal.
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News
Adidas has upped its full-year guidance as 'better than expected' sales momentum builds
Sportswear giant Adidas has upped its guidance for the full year after sales jumped in a “better-than-expected” second quarter.
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News
Hugo Boss has lowered its guidance as the slowdown in the luxury market continues to take its toll
Luxury fashion retailer Hugo Boss has lowered its full-year guidance as the slowdown in the luxury sector took its toll during the second quarter.
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Gallery
Pangaia has made its bricks-and-mortar debut in the UK
Premium apparel retailer Pangaia has made its UK bricks-and-mortar debut with the opening of a new store on London’s Carnaby Street.
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Analysis
Who is the new Burberry boss and can he turn around Britain’s most famous luxury label?
As the page turns to a new chapter for Burberry following the departure of boss Jonathan Akeroyd and yet another profit warning, Retail Week takes a look at his successor, Joshua Schulman, and what to expect from him.
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News
Primark has named former Tesco and Whitbread exec as new COO
Primark has poached an executive from Premier Inn owner Whitbread for its new chief operating officer.