All Department stores articles – Page 190
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NewsDebenhams disappoints but maintains support
Debenhams issued a “disappointing” interim management statement last week, according to analysts, after like-for-likes weakened over the third quarter.
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NewsHouse of Fraser to revive iconic Biba brand
House of Fraser is to relaunch British brand Biba in September in what the department store is calling the biggest fashion launch in its history.
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AnalysisDebenhams: all about the bottom line
As it ramps up its own-label offer, the department store retailer has sacrificed sales to boost margins. George MacDonald asks if the strategy has paid off
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NewsHouse of Fraser forecasts sales lift
Department store House of Fraser has forecast a sales increase as it announces the introduction of a range of multi-channel initiatives in a bid to improve the customer experience.
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Galeries Lafayette opening stores in China and Indonesia
French department store retailer Galeries Lafayette aims to open stores in China and Indonesia. The chain had already opened stores in Beijing, Singapore, Seoul and Tokyo in the 1990s but they were unprofitable and closed down.Galaries Lafayette is taking a more careful approach to Asian expansion this time and has ...
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NewsDebenhams posts like-for-like sales fall and acquires 115 Faith concessions
Department store group Debenhams has reported a like-for-like sales fall of 0.4% for the 42 weeks to June 19 and has agreed to buy bust footwear retailer Faith’s concessions.
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NewsBeales profits surge as revenue dips
Department store Beales pre-tax profit surged 67% to £909,000 in the 26 weeks to May 1.
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NewsHarold Tillman secures Allders’ future in landlord deal
Fashion entrepreneur Harold Tillman has secured the future of his Allders department store in Croydon after joining forces with landlord Minerva to create a revised and relocated shopping centre in the town centre.
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NewsSelfridges and Nike host World Cup ‘pop-up stadium’
Sportswear brand Nike will open a “pop-up stadium” in department store Selfridges in London, next week, showing World Cup games.
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GalleryParis fashion: in a league of its own
The World Cup might be in full swing but in Paris ‘le foot’ struggles to be heard above the noise of the fashion crowd. John Ryan reports
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NewsFenwick completes Bond Street revamp
Fenwick has completed a two-year redevelopment of its flagship Bond Street store. The 71,500 sq ft department store now has 20% more space and the retailer has been given a modern overhaul.
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NewsJohn Lewis reports strong bank holiday trade
John Lewis reported weekly sales up 20.6% in the week to June 5, buoyed by trade over the bank holiday although the hot weather by the end of the week took the edge off sales.
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NewsKarstadt rescued by Nicholas Berggruen and BCBG Max Azria
Insolvent German department store group Karstadt is set to be rescued by a consortium involving German billionaire investor Nicholas Berggruen and luxury fashion house BCBG Max Azria.
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NewsTJ Hughes pulls sale process
TJ Hughes, the discount department store chain, has axed its sale process.
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NewsMohamed Al Fayed explains Harrods sale
Harrods owner Mohamed Al Fayed has explained his decision to sell the legendary department store.
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Department store Isetan Mitsukoshi posts £435m loss
Department store Isetan Mitsukoshi posted a consolidated net loss of ¥63.52bn (£435m) in the year ended March 31, which the retailer blamed on sluggish consumption and severe competition. The loss compares with a group net profit of ¥4.68bn (£25m) in the previous year. Sales were down 9.5% to ¥1.29 trillion ...