Retail news
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Harrods sees profits soar
- Posted:
- 17 October 2011 09:53
Harrods has seen profits soar by 39% to £108.3 million in the year to January 29th.The department store's new owners, Qatar Holdings which acquired company from Mohammed al-Fayed last year for £1.5 billion, reported that it also had broken through the £1 billion sales barrier.International visitors helped to drive the ...read more
Kurt Geiger sold for £215 million
- Posted:
- 03 June 2011 10:27
Kurt Geiger - Europe's largest luxury shoe retailer - was sold for £215 million today to a prominent American fashion business.Jones Group, a New York-headquartered firm which owns fashion brands such as Nine West, has bought Kurt Geiger from London-based private equity firm Graphite Capital.Kurt Geiger, which was bought by ...read more
Krispy Kreme to double UK stores in next five years
- Posted:
- 01 June 2011 09:52
Doughnut chain Krispy Kreme is to double its number of UK stores over the next five years as the country's growing demand for sweet treats continues.The company, which produced more than 50 million doughnuts for UK customers in the year to January, aims to open 10 stores a year. The ...read more
SuperGroup maintains sales momentum
- Posted:
- 10 February 2011 09:38
Superdry fashion firm SuperGroup posted another stellar performance today as it revealed its sales continued to soar in January.The group, which targets the youth fashion market and operates 59 standalone outlets as well as 70 concessions, said UK retail sales increased 91.8% on a year ago to £61.4 million in ...read more
Astley Clarke launches in Harrods
- Posted:
- 01 November 2010 09:50
Luxury online jeweller Astley Clarke, has embarked on its first venture into physical retail in Harrods' designer jewellery room.Astley Clarke said that it was "thrilled to now be part of Harrods' long standing heritage of luxury", sitting alongside some of the finest British and International jewellery designers. Situated in the ...read more
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