Retail news
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Urban Outfitters looking to double UK stores
- Posted:
- 12 April 2011 09:29
US retailer Urban Outfitters is planning to double its number of UK stores despite the slowdown in consumer spending. The company believes that the UK could support around 50 stores and is planning to open up to nine shops this year.It will also consider smaller sites than its previous two ...read more
ASOS Fashion Finder Launches
- Posted:
- 01 March 2011 09:49
Online retailer ASOS has launched its Fashion Finder - a new platform running alongside the existing ASOS website, bringing high-street stores, midmarket brands and luxury labels together. The move sees ASOS working with other retailers on a commission-based model that will apply to all transactions and offering customers a further ...read more
Ollie & Nic rescued from administration
- Posted:
- 22 February 2011 09:23
Vintage accessories brand Ollie & Nic has been rescued from administration by Principles founder Peter Davies. Mr Davies, Richard Sims and Chris Inman, who previously held senior roles in Arcadia and were part of the Rubicon team that undertook a management buyout of Warehouse and Principles from Arcadia in 2001, ...read more
New women’s designer fashion site launches
- Posted:
- 01 February 2011 09:35
A new fashion ecommerce site launches on February 1st and aims to offer affordable designer fashion. Launched by Joan Lilley and partners with start-up capital funding acquired last year, the site will initially offer 400 lines from designers including Cacharel, Goat, Orla Kieley and American Vintage.Speaking to Internet Retailing, Ms ...read more
LVMH increases Hermes stake
- Posted:
- 22 December 2010 00:14
Luxury retail group LVMH has announced that is has increased its shareholding in rival luxury outfit Hermes to more than 20% - a move that has ramped-up further speculation that it may have more significant plans for Hermes.According to reports, LVMH indicated that it would continue to buy more Hermes ...read more
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