Jamie Oliver’s restaurant group has fallen into administration, costing 1,000 people their jobs. The group includes Jamie’s Italian, Barbecoa and Fifteen. It has appointed KPMG as its administrators. 22 of the 25 restaurants in the group have now closed. Jamie Oliver injected £4 million of his own money back into the group this...
Urban Outfitters is set to launch a service that will allow customers to rent items of clothing. The online subscription service will let people borrow up to six items of clothing to wear for a month before swapping them out. The service will be for womenswear and will be called Nuuly. It...
Superdry has appointed Nick Gresham as its interim Chief Financial Officer. Gresham currently works as the CFO for cycling retailer Wiggle, and has also held the same role at Oak Furnitureland and Connect Group. He has also worked in several finance roles at Homebase, Home Retail Group, GUS and Debenhams. He will...
Fenty, LVMH’s new brand founded by Rihanna, will debut its first collection at a pop-up shop in Paris on May 24th. The brand will offer a collection of ready-to-wear, footwear, accessories and an eyewear line. The first campaign clip was launched on YouTube. It features a diverse cast and outlines a range...
Victoria Beckham is set to launch a sustainable beauty line this fall. This will coincide with the launch of her debut make up and skincare collection. The line will be named Victoria Beckham Beauty, and will be the British designer’s first make up collection since she ended her partnership with Estee...
Shoe Zone has reported flat sales and profits in the first half of its financial year. Revenue was £73 million compared to £73.7 million for the same period the year before. Pre-tax profit came in at £1 million, which is the same as last year. The retailer will now continue to focus...
Hotel Chocolat is set to open a new store at the St David’s shopping centre in Cardiff. The retailer will take up a 1,874 square foot store in St David’s way, and will be located opposite Boots. The store will span over two floors and be designed by the in-house design...
The Co-op has agreed a deal for a trial period to provide Superdrug with food-to-go items such as sandwiches, salads and fruit. The trial will see the Co-op providing seven Superdrug branches in airports and railway stations with an initial supply of more than 40 of its own brand products. Superdrug customers...
Burberry is set to close 38 of its worldwide stores as part of plans for the brand to move more ‘upmarket’. The move will see the brands store portfolio cut by 10%. This comes as part of plans to transform the brands flagship stores into luxury destinations for wealthy shoppers. The stores affected...
Waitrose has announced plans to treble the size of its online grocery business to £1 billion during the next three years. The retailer will be working with Today Development Partners to increase its capacity and automation in order to achieve a ‘rapid step change’ in its online and digital capabilities. This will mean...
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