French Connection has revealed it is in takeover talks after receiving an approach worth £29 million. The fashion chain said it had received a potential cash offer worth 30p a share from a consortium including its second largest shareholder, Apinder Singh Ghura, as well as Amarjit Singh Grewal and KJR Brothers. The...
Sainsbury’s has launched a new dedicated lunch stand in over 300 UK stores as it looks to make shopping for lunch easier for customers as they balance working at home and being in the office. The retailer said the in-aisle concept is the first of its kind in a UK supermarket...
In The Style, the online women’s fashion brand, saw its sales climb by 45% year-on-year from April to August. In addition, its ecommerce gross order value grew by nearly 50%. In a trading update ahead of its AGM, the company said the performance was driven by increased brand awareness, more customers buying...
Superdry has revealed plans to team up with Oxfam in an effort to donate pre-loved clothes to charity. The retailer said the scheme will be initially piloted in 22 stores across the UK. They will offer ‘Give Back’ boxes as part of its sustainability initiatives. Once the clothes have been donated, the...
To mark the return of the Great British Bake Off 2021, Moonpig has announced a limited-edition collection of cake-flavoured birthday cards. Flavours include Lemon Drizzle, Victoria Sponge, Decadent Swiss Roll, Chocolate and Battenberg. Cards are supplied with a personalised message. The unique cards are made from rice paper plus a special cake flavouring:...
My 1st Years has relaunched following a £15 million fire that destroyed its office, factory and entire product range. The company, which rose to prominence after Prince George wore one of its personalised robes when meeting Barack Obama, has bounced back with a complete brand refresh and new products. In a statement,...
Eve Sleep saw its revenue increase by 13% to £13.9 million in the first half of its financial year as it began reaping the benefits of its rebuild strategy. In the six months to 30 June, UK and Ireland revenue climbed by 19% year-on year and by 15% compared to the...
Paolo de Cesare has been named CEO of Matchesfashion. London-headquartered luxury retailer Matchesfashion has appointed the former boss of French department store Printemps to lead the business. De Cesare has more than 30 years of expertise in the luxury and retail sectors. Matchesfashion, which sells goods from brands such as Prada and...
Jon Richard is to launch concessions in ten Next stores following a successful partnership online. The company will be offering bridal, occasion and sterling silver collections in Next stores in Birmingham Bullring, Merry Hill, Metrocentre Gateshead, Manchester Arndale Centre, Lakeside Shopping Centre and Cardiff Queens Street. Speaking of the move into bricks-and-mortar,...
Yoox-Net-a-Porter has opened a new 54,000 square metre distribution centre in Italy. Situated in Landriano near Milan, the €47 million site will enable the online fashion group to manage the operations of both Net-a-Porter and Mr Porter from one global hub and serve millions of customers all over the world. Yoox-Net-a-Porter said...
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