Retail news
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Fairer beer tax would create "win-win situation"
- Posted:
- 01 September 2010 09:30
A fairer tax system for beer would help to create 30,000 jobs and boost the Treasury's coffers, an industry body said today.The British Beer & Pub Association (BBPA) said taxing alcohol according to its strength would create thousands of jobs and bring in around £250 million in extra revenues from ...read more
Full advertising regulations extended to websites
- Posted:
- 01 September 2010 09:30
Full advertising regulations are to be extended to retailers' own websites and online areas like Twitter and Facebook, it was announced today.The online extension has "the protection of children and consumers at its heart" and will come into effect in March next year, the Advertising Standards Authority (ASA) said.The ASA's ...read more
Burberry completes acquisition of Chinese operations
- Posted:
- 01 September 2010 09:29
UK luxury company Burberry has completed its acquisition of 43 of its 50 stores in China along with related assets. The group added that the remaining seven stores are expected to be transferred over the coming months.In a statement, Burberry said: "This transaction is in line with Burberry's strategy of ...read more
Chloé CEO exits
- Posted:
- 31 August 2010 09:25
Chloé chairman and CEO Ralph Toledano has left the brand. Mr Toledano has worked for Chloé since 1999, a tenure that included designers Stella McCartney and Phoebe Philo. Mr Toledano's shock exit is rumoured to be at the behest of his new boss Marty Wikstrom, who heads up Richemont's fashion ...read more
House of Fraser sees international delivery take off
- Posted:
- 31 August 2010 09:24
House of Fraser has launched international delivery to 23 countries for shoppers buying via its website. In its first week, despite relatively little marketing support, international ecommerce sales grew from nothing to 2% of total online sales."It's been a phenomenal success straight out of the gate," said Robin Terrell, executive ...read more
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