All Retail Week articles in September 2023 – Page 10
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News
M&S expands third-party beauty offering with Estée Lauder fragrances
Marks & Spencer has added Estée Lauder fragrances to its third-party beauty offering as it expands the category to attract new customers, according to The Times.
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News
Oh Polly hails ‘exceptional’ performance as sales boom
Fashion etailer Oh Polly has credited its “exceptional” full-year financial performance to strong revenues and profits following its international expansion progress.
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News
Footasylum sales rise despite fall in profits
Footasylum has posted an increase in sales, which it credited to strong store performance despite a fall in profits for the full financial year.
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News
John Lewis delays Oxford Street flagship redevelopment
John Lewis has been forced to delay its plans to raise £150m by selling a portion of its flagship store on Oxford Street due to turmoil in the commercial property industry.
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News
Tesco offers body cameras to staff as physical attacks soar
Tesco will be providing body cameras to frontline workers after experiencing an “unacceptable” increase in verbal and physical attacks.
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News
Exclusive: Pepco launches in Bosnia and Herzegovina
Pepco Group is pushing further into Europe by opening its first store in Bosnia and Herzegovina, Retail Week can reveal.
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Analysis
The Disruptors: Nine brands transforming the way shoppers pay
The latest instalment of Retail Week’s Disruptors series showcases the companies making waves in the payments sector.
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Innovation of the Week
Innovation of the Week: Boots to showcase beauty clout with new store format
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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News
Exclusive: John Lewis expands fashion offer with 20 new brands
John Lewis is expanding its fashion offer for autumn/winter 2023 with the addition of 20 new brands to its portfolio, Retail Week can reveal.
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News
New Look closes in on £100m refinancing deal
Fashion retailer New Look is reportedly in “advanced talks” with Blazehill Capital and Wells Fargo regarding a £100m debt refinancing deal to replace a loan that is set to mature next June.
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News
Exclusive: OnBuy ‘exploring possible synergy’ with Putman to save Wilko
UK-based online marketplace OnBuy is exploring a “possible synergy” with HMV owner Doug Putman as they look to save Wilko, Retail Week can reveal.
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News
Exclusive: Superdry cannot afford to get product wrong, warns CFO
Superdry chief financial officer Shaun Wills has said the retailer cannot afford to get its product wrong as it enters the autumn/winter season, after it posted an annual loss of £148.1m.
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News
Frasers raises Boohoo stake for second time in a week
Frasers raised its stake in Boohoo for the second day in a row as it continues to build its “strategic investments”.
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News
Glossier signs exclusive UK retail partnership with Sephora
Glossier has entered its first retail partnership in the UK and will now be available in Sephora’s Westfield Shepherds Bush store as well as on Sephora’s website and app, from September 15.
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News
Next buys £128m stake in Reiss from private equity firm
Fashion giant Next has confirmed the purchase of private equity firm Warburg Pincus’ 34% stake in Reiss, upping the retailer’s total stake to 72%.
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News
HMV owner Putman moves closer to rescue deal for Wilko
HMV owner Doug Putman is said to be edging closer to buying a large portion of troubled retailer Wilko.
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News
Lululemon sales jump as revenue ‘exceeds expectations’
Lululemon has recorded strong sales and revenue growth that “exceeded expectations” as it continues to enhance its business model and product offering.
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Opinion
‘Successful digital transformation should also mean return on investment’
The current climate presents an opportunity for retailers to leverage the full spectrum of technological advancement, believes Alvarez & Marsal’s Erin Brookes