NewsKurt Geiger has posted ‘record’ sales and a rise in profit
Kurt Geiger has posted “record” profits and handbag sales despite weaker demand in the wider luxury market.
NewsHobbycraft has been acquired by Modella Capital
Modella Capital, which has backed chains including Paperchase, Tie Rack and Ted Baker’s UK licensing partner No Ordinary Designer Label (NODL), has acquired arts and crafts retailer Hobbycraft.
AnalysisWhat can retailers learn from Frasers online rebrand and multi-brand strategy?
As Frasers gives its department store website a makeover to mirror its in-store shopping experience, Retail Week takes a closer look at the strategy behind the move and wonders if other retailers should follow suit?
NewsTemu group warns on ‘inevitable’ profit decline as results miss analyst expectations
Temu’s owner, PDD Holdings, has warned of an “inevitable” reduction in profitability as the group reports slow growth and rising competition.
NewsOcado unveils its sixth round of price cuts across branded and M&S ranges
Ocado Retail has unveiled its sixth Big Price Drop since June 2023, giving customers price cuts across branded, own brand and M&S products.
GalleryFoot Locker has unveiled its reimagined ‘Home Court’ concept store in New York
US-based sports retailer Foot Locker has re-opened the doors to its flagship store on 34th Street in New York showcasing its new ‘Home Court’ concept.
NewsMorrisons slashes the prices of 2,000 grocery items for its More Card customers
Supermarket Morrisons has today unveiled a new loyalty drive, slashing the prices on more than 2,000 products for its More Card customers.
NewsNaked Wines losses are deepening amid sales slump
Naked Wines has reported deepening statutory losses and a fall in sales as it confirmed the appointment of its new chief financial officer.
NewsFrasers Group snaps up a stake in a retail and distribution group Down Under
Frasers Group has bought a 14.65% stake in Australia and New Zealand-based retail and distribution business Accent Group.
NewsTed Baker's owner announces its new UK and Europe ecommerce operator
Authentic Brands Group has unveiled United Legwear & Apparel Co (ULAC) as its choice to manage ecommerce operations for Ted Baker in the UK and Europe.