Cult Beauty has appointed Net-a-Porter founder Carmen Busquets as non-executive chairperson. Busquets has been an investor in Cult Beauty since 2012 and also has stakes in The Business of Fashion, Lyst, Farfetch, Maison De Mode, Moda Operandi, Tagwalk, Flowerbx, Sana Jardin, Dr Jackson’s and others. Alexia Inge, co-founder and co-chief executive...
London’s Borough Market is launching a carbon neutral postal delivery service to enable foodies from across the UK to order food from its traders. The new Borough by Post service allows shoppers to order their favourite treats from up to 20 of the market’s traders with a single consolidated delivery...
Wren Kitchens has expanded into the American market with the opening of a new showroom in Milford in Connecticut. The retailer is also planning to launch five more showrooms in the northeast of America by 2021. The Milford site spans 31,456 square feet and features 100 kitchen displays, two virtual reality...
DFS has said all of its furniture showrooms in England, Wales and Ireland are currently closed due to lockdown restrictions, although at present it does not expect this to have a significant impact on revenue and profitability for the first half of its financial year. The Covid-19 restrictions mean that 181...
Lidl has a launched a new scheme called ‘Teaming up to Tackle Hunger’ to make it easier for customers to donate food to their local community. From 12 November to 9 December, customers will be able to scan a flyer for selected foods and donate one of five essential items...
Superdry saw its total revenue drop by 23.3% in the first half of its financial year after the business was affected by continuing disruption caused by the Covid-19 pandemic. In the 26 weeks to 24 October, the clothing retailer saw fewer people visiting its stores, particularly those in big city centres....
Morrisons has launched a new meal delivery service for schools that are feeding primary school children who are having to self-isolate. Morrisons is working with schools to provide children who would normally be eligible for free-school meals with breakfast, lunch and snacks for seven weeks while they are in self-isolation. Developed...
Lifestyle clothing brand Joules has said trading in the first 22 weeks of its new financial year has been better than expected. The company said the performance was driven by a 35% increase in online sales which accounted for 70% of its retail sales in the period. Joules shops have...
Sainsbury’s has announced plans to cut 3,500 jobs with the losses coming mainly from its Argos chain. In its half year results statement, the retailer said it will be shutting around 420 standalone Argos stores by March 2024, although it plans to open 150 new Argos stores in Sainsbury’s supermarkets and...
Dunelm has said it has continued to perform well since its last update on 15 October with total sales continuing to grow in line with its first quarter. However, the company said the Government’s decision not to classify homewares as an essential retail category during the current lockdown was unexpected...
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