All Department stores articles – Page 197
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GalleryStore of the Week: Harvey Nichols, Knightsbridge
You can normally rely upon Harvey Nichols to do something special with its windows: it’s part of the way the brand works. However, the Knightsbridge flagship has a scheme at the moment that is likely to stop even the most fashion-hardened Sloane in her tracks.
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News
Matahari continues to experience strong growth
Department store and grocery store operator Matahari, the largest local retailer, continues to experience strong growth. Sales were up 15.3% for the first six months to June 20 to reach IDR6 trillion (£359m).However, operating profits declined due to higher operational costs, such as wages. Sales were supported by the continuing ...
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NewsWeak consumer confidence continues to hit US retail sales
There was little sign of improvement in consumer confidence in the US as many retailers reported second quarter results yesterday.
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NewsGood weather hits John Lewis sales
John Lewis reported that good weather last weekend was bad for business and weekly sales at the eponymous department stores fell 5.3% year on year.
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NewsLuxury department stores fend off recession with sales gains
Department store operators Harrods, Harvey Nichols and Fenwick have reported resilient trading over the past year, despite the bleak retail landscape.
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OpinionWhat is Harrods’ secret?
Harrods has delivered a strong set of results in a difficult climate. What is its secret?
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News
Arcandor faces break up
German retail group Arcandor, which filed for insolvency in June, has ended its search for an “anchor” investor to keep the business afloat, which may lead to a break up of the company.
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NewsHarrods has record year
Iconic department store Harrods has reported a record year after a strong performance from its international brands and womenswear.
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NewsFenwick sales rise as profits slip
Department store group Fenwick has revealed a robust set of full year results.
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NewsSelfridges opens Christmas shop
Selfridges has opened its Christmas shop earlier than usual in order to maximise profits from the tourist trade.
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NewsUS sales down 4.7% in July
US retail sales fell again in July marking the 11th consecutive month of sales declines in the country.
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News‘Staycations’ boost John Lewis sales
John Lewis has reported a 5.6% rise in sales in the week ending August 1, crediting increased footfall, the weather and the trend towards ‘staycations’.
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NewsWaitrose to sell John Lewis homewares
Waitrose is to sell John Lewis kitchen and homewares products on its website and in its top performing stores.
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NewsJohn Lewis ends Sale on a high
John Lewis reported a strong week of trading as the last day of its clearance Sale helped it achieve sales up 6.3 per cent.
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NewsHouse of Fraser drafts in womenswear heavyweight to drive own-label
House of Fraser has reshuffled its operating board and hired womenswear heavyweight Stephanie Chen to drive the department store’s private-label strategy in womenswear.
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News
Lotte Group to enter Vietnam retail market
South Korean retailer Lotte Group will enter the Vietnam retail market with the opening of a department store in Hanoi in 2013.The group’s fourth international store will be opened by its Lotte Department Store subsidiary, at the 65-storey Hanoi City Complex. The retailer will invest KRW350bn (£171, 375) in the ...
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NewsJaeger to make Hong Kong debut
Fashion retailer Jaeger is extending its international reach with plans for its first Hong Kong opening in September.
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NewsSelfridges to refresh space for collections
Iconic department store Selfridges will reveal a revamped space for its contemporary and denim collections this autumn.
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News
Metro considers alternatives to merger
Metro is considering alternatives to formally merging its Kaufhof department store chain with Karstadt, the department store retailer owned by insolvent group Arcandor.Metro is examining the possibility of renting selected properties directly from owners once Karstadt goes into bankruptcy. A Metro spokesman said the retailer was interested in acquiring the ...
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NewsHouse of Fraser directors to join Crombie
House of Fraser directors June Lawlor and Colin Porter are to leave the department store to join menswear brand Crombie in September.