Administrators Duff & Phelps have secured a sale of the Feather & Black bed retailer to Hilding Anders International Under the terms of the sale, Hilding Anders has acquired 17 out of 20 stores. The move means that 104 jobs have been saved. Just three stores and five concessions within Multiyork stores...
The future of Toys R Us UK is now up in the air after the Pension Protection Fund (PPF) indicated it would vote against the retailer’s proposed restructure plan. It comes after the UK division of the US toy chain was ordered to inject £9 million into its pensions scheme by...
Diesel’s artistic director Nicola Formichetti has announced his resignation after five years in the role. Slated to depart the fashion brand and retailer at end of the year when his contract expires, it is not yet known who will replace him. He was appointed to the role in 2013 as the Italian company’s...
Harvey Nichols swung to the red in its last financial year, although its turnover was flat amid “considerable disruption” caused by a major refurbishment scheme. The luxury department store made loss of £6.7 million before tax – and after charitable donations of £2.7 million – in the fiscal year ending April...
Waitrose has invested in new food development facilities at its Bracknell head office and doubled the number of chefs working on new food ideas as part of its long-term plans for product innovation. A new £1.5 million development kitchen is on track to open at the site in the middle of...
The Advertising Standards Authority has set its sights on Amazon, saying the online retail giant could be investigated after receiving complaints about its premium delivery service. According to reports in The Sunday Telegraph and the Guardian, Amazon customers have contacted the ASA to complain that the “unlimited one-day delivery” that comes with the Prime...
Michael Kors has become the latest high street giant to commit to banning fur from its fashion and accessory collections. In a statement published last Friday, the company – which recently acquired British high street staple Jimmy Choo – said it would no longer use animal fur in any of its...
House of Fraser has launched a new localised pop-up concession scheme in some of its branches around the country, as it seeks ways to make use of “dead” space and drive footfall. The scheme involves the department store chain partnering with data-driven tech firm Popertee to invite retailers into its outlets to take...
Supergroup has revealed that Superdry Sport has been appointed as the official clothing supplier to the UK delegation for the 2018 Invictus Games in Sydney. The appointment means that Superdry Sport's in-house team of designers and technicians will create full technical training and competition wear for the UK competitors. This will also...
South African retail group Steinhoff has confirmed that Christo Wiese has stepped down as chairman of its supervisory board. In a statement made by Steinhoff Wiese has said that he had offered to resign from the board to reinforce the independent governance of the company of which he is a major shareholder. It...
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