IKEA has increased its UK total sales by 5.8% to £1.814 billion in the year to August 31st. This marks its sixth consecutive year of growth. The retailer has also said that it has grown its market share by 0.5% to bring it one step closer to its ambition of...
Nisa members have voted in favour of the Co-op Group’s offer to buy 100% of the business for up to £137.5 million. Members voted 75.79% in favour and 24.21% against the Co-op’s offer. The offer requires clearance from the Competition and Markets Authority which is expected around the end of...
Birkenstock is to open its UK flagship store on Neal Street in London's Seven Dials this autumn. The shop will be Birkenstock’s first brand-owned flagship store in the UK and will cover 1,100 square feet over two floors. It will stock the company’s collection of comfortable sandals for men, women...
Mamas & Papas has unveiled a new look website as part of its digital-first strategy. The site has been transformed from a transactional online shop into a content ecommerce experience, where parents and would-be parents are guided through pregnancy and beyond. Anna Tizard and Lydia Barron, founders of Tiba & Marl,...
UK retail footfall fell by 2% year on year in October which has marked the steepest decline since the EU referendum in June last year. The figures from the British Retail Consortium and Springboard in their monthly footfall monitor show that retail parks continued to appeal to shoppers in the East...
London Designer Outlet (LDO) has signed a number of new stores which will include confectionary retailer Haribo’s first UK outlet store. Haribo has signed up for a 1440sq ft store, marking the company’s second retail store in the UK. Haribo’s managing director Herwig Vennekens said: “As a well-loved and internationally recognisable...
Debenhams have revealed their Christmas campaign for 2017, on the same day as John Lewis’ advert. The ‘fairy-tale’ style advert is based around Cinderella and will launch on television screens tonight. Richard Cristofoli, Debenhams managing director of Beauty and Marketing, said: “Customers told us they expect to be entertained at Christmas. ‘You...
John Lewis have revealed this years’ Christmas advert, which will be broadcast tonight on Channel 4 at 9.30pm. The advert tells a story of Joe, a little boy who is kept awake by an imaginary monster, Moz, who lives under his bed. The music in the advert comes from British band...
SuperGroup, Superdry’s parent company, has reported strong growth across the board in its half year trading update. In the 26 weeks to October 28th the fashion retailer’s profits jumped just over 20% to £402 million, while global brand revenues rose 25.2% to £756.3 million. Retail sales performed well, rising 12.8% to £242.7...
Yoox Net-A-Porter has reported that third quarter revenue rose by 17.7% to €481.8 million. Sales in the UK were up 13.2% to €63.8 million while sales in Italy rose by 7.1% to €34.1 million. Meanwhile, sales in the rest of Europe, the North Americas and APAC climbed by 27.9%, 28.8%...
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