Lululemon has appointed Calvin McDonald as its new chief executive. Due to take up his new role on 20 August, McDonald has worked as president and chief executive of Americas for LVMH owned Sephora for the last five years. While there he increased the brand’s product range, created new digital...
Bonmarché has reported a 1.5% uplift in first quarter like-for-like sales after this year's warm summer boosted trade. In the 13 weeks to 30 June, online like-for-likes climbed by 27.3% although in-store sales fell by 1.2% against a rise of 4.2% in the first quarter of the previous year. On a...
Garden centre operator Wyevale Garden Centres has sold eight of its sites to Blue Diamond. Blue Diamond will be investing £16 million in remodelling the centres over the next three years to make them more like its Redfields Garden & Living Centre in Hampshire, and its Blue Diamond Garden and Home...
IKEA is launching a new smaller format shop on London’s Tottenham Court Road as part of plans to launch stores in city centres. Javier Quiñones, IKEA UK and Ireland country retail manager, explained: “In a fast-changing retail environment, the opening of this new city centre shop marks an exciting development for...
True has acquired a majority stake in organic children’s clothing brand Frugi. True will be working with Frugi’s existing management team to support growth. Hugo Adams, a former executive board director of Superdry and chief of staff at Marks and Spencer, who is now the chief executive said: “Lucy and her team have...
Tesco is planning to open a number of stores in a mystery new format. The store chain, the country's biggest food retailer, would not comment, but there are strong hints the new-look stores will be aimed at challenging discounters, such as Aldi and Lidl. Reports from BBC suggest it could be called Jack's,...
Burberry destroyed a huge amount of unsold clothes, accessories and perfume worth £28.6m last year to protect its brand. It takes the total value of goods it has destroyed over the past five years to more than £90m. They have made this decision to prevent the items being stolen or sold cheaply. Burberry said that...
Many of House of Fraser's landlords feel they have been treated unfairly and refuse to give up the fight easily and are planning to go to court over the troubled retailer’s rescue plan. Their CVA plan received creditor approval last month, although a number of landlords voted against it, and the company is...
Harvey Nichols has landed another huge deal with the luxury retailer Marc Jacobs for their beauty side of the business from October. This collaborative effort will see the brand available in all eight UK and Ireland stores, and at harveynichols.com. The five-year-old Marc Jacobs Beauty operation, which is a collaboration between Jacobs and...
Coal Drops Yard, the new shopping quarter in London’s King’s Cross, is now opening on the 26th October. They have also revealed that the likes of Tracey Neuls, Studio One Twenty, Morty & Bob’s and The Sports Edit are all to join the line-up. Craig White, senior project director at Argent, said:...
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