H&M is set to create around 800 new jobs when it launches its brand new distribution centre in Milton Keynes. The new centre will span over 73,000 square metres and will be H&M’s first omnichannel distribution centre. It will be the main centre for both UK and Ireland and will also...
Liam Gallagher’s menswear fashion label has officially called in administrators. More than 170 jobs have been put at risk after the move, with the brand operating 12 stores and concessions in House of Fraser stores. The company was heavily impacted by House of Fraser’s collapse last year, as well as facing the...
Travis Perkins has announced that its CEO John Carter will be stepping down from the board on August 5th, and be succeeded by Nick Roberts, who is currently the chief executive at Atkins. Carter will remain a part of the business until the end of the year to ensure a smooth...
The Chief Executive of Joules, Colin Porter, is set to retire before the end of the brands 2020 financial year. Porter joined Joules in 2010, where he was the joint managing director. Before that, he was the commercial director at House of Fraser. He oversaw Joules' IPO on to AIM in May...
Simon Wilkinson, the former Café Rouge managing director and La Tasca chief executive, has been appointed as the new Byron chief executive. Wilkinson also worked as an executive at Kout Food Group and Paramount Restaurants before joining La Tasca in the summer of 2011. He oversaw the turnaround of the Spanish...
Mike Ashley has hit out at Debenhams advisors after the department store chain confirmed that its bondholders would change the terms of some of their bonds to allow it to move a step closer to securing a £200 million loan from its existing lenders. This could mean that Debenhams will implement...
Oliver Bonas has opened its first store to offer tax-free prices in London Gatwick’s North Terminal. The store is also the retailer’s largest airport store. The store is based in an 882 square foot unit and features a bespoke interior, with travel inspired fixtures and ranges. As well as the brands print-themed...
Liam Gallagher’s fashion brand Pretty Green has reportedly attracted the interest of several prospective buyers, who are said to be considering bids to takeover the retailer. According to Drapers, a management buyout is likely, although all options are currently being explored. This comes after the brand was reportedly looking to appoint administrators some...
Brompton Bicycle is set to open a flagship Brompton Junction store in the Westfield London shopping centre. This comes as part of plans to expand its network of retail stores. The store will hold Brompton’s range of bicycles and accessories and will also offer interactive bike build facilities with a live demo...
The family that owns River Island has taken control of Mint Velvet in a deal that values the company at more than £100 million. The Lewis family made the move after acquiring a stake in the business back in 2015. A spokesperson for the family said: “This investment reflects high confidence in the...
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