Pepco Group is to launch in Austria after agreeing to acquire up to 29 store leases in the country. The owner of the Pepco and Dealz brands in Europe and Poundland in the UK said a framework agreement has been signed between Pepco Poland and CCC Austria that will provide an...
It has been reported by the BBC that retail sales fell by 1.4% between April and May as people chose to visit reopened bars and restaurants instead of buying food at supermarkets. The Office for National Statistics said sales fell most significantly at food stores as consumers took advantage of Covid...
Dr Martens saw its revenue increase by 15% to £773 million in the year to 31 March following a good performance across its markets around the world. Revenue climbed by 17% in both its EMEA and Americas regions and by 7% in APAC. Growth in China was particularly strong at 46%. Meanwhile,...
The Harvey Nichols department store is to launch a new luxury childrenswear offering online and its stores. The range will include clothing for newborns up to teenagers. Items will be available to purchase online from 24 June and in the retailer’s Edinburgh, London, Leeds and Manchester stores from July. Brands stocked will...
Westminster Council and The Crown Estate have unveiled plans to transform London’s Oxford Circus into two pedestrian-friendly piazzas. The organisations said that the piazzas will become London’s “front door” and will be the subject of an international design competition. With work set to completed by the end of this year, it...
The Rolling Stones’ fashion and lifestyle brand RS No.9 has teamed up with Umbro to launch a new collaboration in celebration of the Euro 2020 championship. The collection comprises unisex England, Scotland and Wales football shirts featuring a band member’s name on the back. The range also includes an England polo...
H&M saw its net sales increase by 75% in local currencies in its second quarter compared with the corresponding period last year. The uplift in the three months to 31 May came despite trade being continuously affected by restrictions relating to the ongoing Covid-19 pandemic. H&M said 1,300 stores were temporarily...
The Very Group, the owner of the Very and Littlewoods retail brands, is to create 30 new roles as part of the Government’s Kickstart scheme to improve opportunities for young people at risk of long-term unemployment. Open to 16 to 24 year olds on Universal Credit via Job Centre Plus, the...
Online fashion retailer Boohoo saw its revenue increase by 32% to £486.1 million in its first quarter after it experienced strong sales growth in its key markets of the UK and US. In the three months to 31 May, UK and US revenue climbed by 50% and 43% respectively, although in...
It has been reported by the BBC that there was a record rise in the number of workers on payrolls in May as the jobs market continued to recover. The Office for National Statistics (ONS) said there were 197,000 more people in payrolled employment last month compared with April, the highest...
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