Retail news
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Retail Trust charity ball raises over £1 million
- Posted:
- 31 January 2012 10:46
Charity Retail Trust has said that its London ball has raised over £1 million for retailers in need.The guest list for last night's event included high street and etail leading lights such as Arcadia Group owner Sir Philip Green, M&S CEO Marc Bolland, ASOS CEO Nick Robertson, Jaeger chairman Harold ...read more
Debenhams boosted by Christmas week
- Posted:
- 10 January 2012 09:59
A surge in sales in the final week before Christmas helped department store chain Debenhams weather tough autumn trading across the sector it was reported today.The company, which has 170 stores in the UK, Ireland and Denmark, said warmer weather throughout October and November impacted sales until a record Christmas ...read more
Jobs fear as La Senza closes
- Posted:
- 10 January 2012 09:57
Lingerie chain La Senza collapsed into administration today triggering 1,300 redundancies and the closure of more than 100 outlets, despite a last-minute rescue deal for 60 stores.Administrator KPMG said it had closed 84 stores and 18 concessions, resulting in more than half of the workforce losing their jobs.But 1,100 jobs ...read more
Price war keeps inflation down
- Posted:
- 16 November 2011 10:11
An aggressive supermarket price war helped push down inflation last month amid signs that the rise in the cost of living appears to have passed its peak.The Consumer Price Index (CPI) rate of inflation fell to 5% in October, the Office for National Statistics (ONS) said, slightly down on the ...read more
Menswear "yet to make its mark online"
- Posted:
- 18 October 2011 09:46
The UK market for online fashion is expected to be worth £4.8bn by the end of 2011, according to market analyst Mintel. However, going by the latest independent analysis of online fashion-related search data, undertaken by specialist search and social marketing agency Greenlight, menswear has quite some ground to make ...read more
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