Goldsmiths, the luxury watch and jewellery retailer, has opened its first showroom in Bromley. Featuring a new luxury concept, the shop in The Glades shopping centre includes branded areas for Omega, Breitling, Tudor and Hublot, as well as newly designed luxury furniture to house Gucci watches and jewellery. The light, open-plan space...
Fashion brand Gap has appointed Richard Dickson as its president and chief executive officer. Due to join the business on 22 August, Dickson was previously president and chief operating officer of Mattel where he played a prominent role in a global transformation that reinvigorated brands such as Barbie, Hot Wheels and...
Luxury group Kering is to acquire a 30% stake in Valentino from Mayhoola for €1.7 billion. The agreement includes an option for Kering to acquire 100% of the share capital of Valentino no later than 2028. The move forms part of a broader strategic partnership between Kering and Mayhoola, which could lead...
Ocado Solutions chief executive Luke Jensen is to retire from his role on 30 September. He will also step down as executive director from the Ocado Group board as he looks to focus on external non-executive director positions. Appointed to the chief executive role in 2017 and as a member of the board...
Morrisons has introduce recycling points for coffee machine pods. The move which is being trialled in 29 stores is in partnership with Podback, the pod recycling service. In an effort to make coffee pod recycling even easier and convenient, Morrisons is trialling a new drop-off service that allows customers to collect...
Tesco has begun selling small donation bags pre-filled with items most needed by food banks in 300 of its stores. Available to pick up as customers enter a store, the bags contain items such as pasta, pulses, and pasta sauce and will typically cost around £3.50. The bags will remain on sale...
Westminster City Council and New West End Company have teamed up to offer small businesses the chance to take over a shop on London’s Oxford Street, rent-free. Called “Meanwhile On: Oxford Street”, the programme is inviting applications from up-and-coming brands who can bring “something exciting and new” to the world-famous shopping...
Pentland Brands, the owner of brands such as Speedo, Berghaus and Ellesse, has joined mission-led start-up The People to form a new youth advisory board. The company is seeking people under the age of 30 in its key markets of the UK, USA, India, Vietnam and China to join a focus...
Aldi has launched price cuts on a range of ten fruit and vegetable products. The supermarket said customers will see prices drop by up to 36% across items such as avocados, red peppers and easy peelers, as well as staples like baking potatoes and sweetcorn. In recent weeks, Aldi has lowered the...
Matalan’s total revenues fell by 8% to £263.6 million in the 13 weeks to 27 May after the clothing and homewares retailer was hit by the cost-of-living squeeze and cool spring weather. In a trading update, the company said it had noticed that fewer customers were spending on non-essential items as...
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