All Fenwick articles
Independent department store chain Fenwick was founded in Newcastle in 1882. It now has nine stores across the UK and is still owned by the Fenwick family. The department store offers a large range of goods and services, with a focus of luxury and designer items. It is also one of the only department stores in the UK to retain a food hall. However, its Bond Street store is scheduled to close in 2024.
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News
Ann Summers axes jobs in bid to cut mounting costs
Exclusive: Lingerie and sex toy retailer Ann Summers is laying off tens of employees across the business in a bid to cut mounting costs.
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Interview
Q&A: Chelsea Peers founder on continuing to capitalise on the loungewear boom
Retail Week sat down with premium pyjama and loungewear brand Chelsea Peers founder Tom Pyne, to discuss the ongoing boom of loungewear, the importance of a broad customer base, and how third-party partners have been the key to success.
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News
Fenwick and Selfridges reveal eye-catching Christmas windows
Leading department stores Fenwick and Selfridges have unveiled their Christmas windows as golden quarter trading gets under way.
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Retail Navigator Analysis
Fenwick (Financials)
The financial year to 26 January 2024 was described as “challenging” amid a “changing retail environment” impacted by inflationary and cost pressures. Gross sales (including concessions) declined 6% to £303.6m following 34.5% growth in FY2022. Net retail sales dropped 6.7% to £178.4m in FY2023 as consumer spend was impacted by the cost-of-living crisis.
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Gallery
Fenwick has unveiled the ‘UK’s biggest beauty hall outside of London’
Department store group Fenwick has opened the doors to what it claims to be “the largest UK beauty hall outside London”.
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News
Former Harrods executive slams Fenwick for blocked CEO move
Long-serving former Harrods executive Nigel Blow has slammed department store chain Fenwick, claiming it withdrew its offer of making him its chief executive because of his time working for Mohamed Al Fayed.
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News
Former Harrods director no longer set to take the reins at Fenwick
A former Harrods executive who was set to take the reins at Fenwick later this month has decided not to join the department store, according to reports.
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News
Fenwick has hired two new executives as losses narrow in ‘challenging year’
Exclusive: Department store group Fenwick has drafted two new senior executives to its top team and is looking forward to “an exciting new period of growth” after narrowing losses and sales slipping in a “challenging retail environment”.
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Opinion
‘Department store leadership merry-go-round shows a sector wanting to change’
After a tough time, the remaining top department store players are in a good position to play to their strengths, believes George MacDonald
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Retail Navigator Analysis
Fenwick (Overview)
Fenwick’s group strategy is focused on “redefining its premium, multi-brand, multi category department store and digital proposition across the UK” as well as building an increasingly efficient retail operating platform.
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Data
Ranking: The most productive department stores in the UK
To find out which department stores are firing on all cylinders, we’ve ranked their productivity by sales per employee.
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News
Exclusive: Fenwick has named a new chief executive for its ‘next stage of growth’
Department store group Fenwick has appointed a new chief executive as it prepares for the next business phase, Retail Week can reveal.
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News
Greggs serves up ‘fine dining bistro’ in Fenwick flagship
Snacks specialist Greggs, famous for its sausage rolls and steak bakes, is to open a “fine dining bistro” in department store group Fenwick’s Newcastle flagship.
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Gallery
In pictures: The most eye-catching Christmas shop windows
Escapism and the feelgood factor feature strongly in this year’s store Christmas windows in a year that has been difficult for many people.
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News
Exclusive: Fenwick rules out lease on former House of Fraser store after talks fall through
Department store chain Fenwick has walked away after talks to take on the former House of Fraser store in Guildford, Surrey fell through.
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Analysis
Survey: Where shoppers will spend and save this Christmas
Retail Week delves into the mind of the 2023 Christmas shopper − where will they spend, where are they saving money and what categories are most at risk
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News
Exclusive: Plus-size brand dominates fastest-growing fashion retailers
Yours Clothing has ranked higher than fashion giants including Inditex, Primark and Next to be named the fastest-growing fashion retailer in the UK, Retail Week can reveal.
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Data
Ranking: The 30 fastest-growing fashion retailers revealed
It has been a tough few years for fashion, and retailers have been battling to lead on style, value and quality despite skyrocketing return rates, competition for customer loyalty and bold sustainability targets.
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News
Exclusive: Fenwick back in black after sale of Bond Street store
Department store group Fenwick has reported a return to profit, Retail Week can reveal.
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Analysis
New data shows Sosandar, Loaf and Beauty Pie smashed FY21 ecommerce growth
An additional ranking compiled by analysts in Retail Week’s latest report reveals the UK retailers that achieved the highest online sales growth for FY2021 – and features some surprising names