Dr. Martens have achieved double digit sales and EBITDA growth this year. It has described it as a fantastic year. In the year until 31st March, revenue was up by 20% totalling to £348.6 million, with EBITDA growing by 30% to £50 million. Dr. Martens have continued to invest by opening 25...
John Lewis have launched a new after-hours private shopping service at their new store in Cheltenham. The service will only be available to shoppers whose bill tops a whopping £10,000. The service will mean that shopper will have access to staff after hours to serve them. “Previously the reserve of exclusive boutiques for...
Brian Small, JD Sports chief financial officer is set to retire from his role. He will be leaving the business on October 31st after discussing his plans with the company’s board over the last few months. JD’s current group finance director, Neil Greenhalgh will take over the role. He has been in...
ASOS continue to grow as they post a full year profit increase of 28% to £102 million. They posted a £500 million rise in revenue, which put them at a total of £2.4 billion for the year up to 31st August. The company announced that EU sales grew by 36%, while US...
Card Factory has appointed former Britvic chief executive Paul Moody as their new chairman. Geoff Cooper, who was acting chairman since 2014, announced in 2014 that he was stepping down due to personal health reasons. Paul Moody will join the company with nearly 20 years of experience at the soft drink brand...
Deicmann are to expand into the Middle East and North Africa through a partnership deal with the Azadea Group. This will be the first time that Deichmann has worked with a franchise partner. They are set open their first store in Dubai in 2019. The footwear retailer currently has stores in 26...
Endless has beaten Sports Direct owner Mike Ashley to the takeover of specialist golf retailer American Golf. The deal will see the firm saving around 900 jobs. Endless’ also rescued Jones Bootmaker from the same situation last year. Jones was then sold to pavers less than a year later. According to reports, 112...
Luke Johnson, the founder and chairman of Patisserie Valerie, has pledged up to £20 million in new loans in order to save the company from collapse and saving 2,800 jobs. Mr Johnson told the Sunday Times ‘I’ve never had an experience like this in my careers and I hope never to...
Shoe Zone have announced positive results for the second half of the year, performing well both online and in stores. Shoe Zone has said that they are expecting to report that its revenues for the will have increased by 1.8% to £161 million. It is expecting to report a full year pre-tax...
Amazon Fashion is set to lunch its first European pop up store on Baker Street later this month. The store will span across 3,000 square feet and will be open from the 23rd October until the 27th October. It will stock a mix of their own labels such as Find., Truth &...
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