Swedish fashion retailer KappAhl reported its half-year results on Friday and they didn’t make happy reading. Bad weather, heavy discounts and collections that didn’t prove as popular as hoped all dented its figures.
Marks & Spencer has appointed Sacha Berendji as its new retail, operations and property director, bringing together the retail and property teams as it moves forward with a store rationalisation plan.
The ‘Beast from the East’ as the recent snowstorm was dubbed in the UK may have dented sales at stores in February but it contributed to a 13.1% growth rate at webstores, according to the latest eRetail Sales Index.
Kenneth Cole has entered into a four-year licensing deal with UK-based GBG Europe Footwear and Accessories Limited to distribute men's and women's footwear, and manufacture and distribute women's handbags in EMEA.
Well here’s something unexpected. UK retail sales grew more than predicted last month with the official figures from the Office for National Statistics showing the volume of goods purchased was up 0.8% month-on-month.
The Cornwall-based clothing, homeware and accessories retailer has taken a 1,370 sq ft unit at the shopping centre, which opened to the public last week following a comprehensive 18-month refurbishment programme.
London-based resale app Depop has opened its first brick-and-mortar store in LA's Silver Lake neighborhood. This is the first store globally for the app which plans to open a second US location in NYC later this spring.
France's chic department store Galeries Lafayette is betting on an art foundation and an Italian gourmet food hall in Paris to help differentiate its brand from bricks-and-mortar rivals and e-commerce competitors.
New Look's CVA plan under which it will close 60 stores has received almost unanimous creditor approval, it said Wednesday. And it’s looking to the future with a new approach to pricing and faster product development.