The Hut Group has expanded again, adding Illamasqua to its fast-growing beauty empire, less than three months after it started a takeover spree. The online retailer purchased Illamasqua, for an estimated £25 million. The acquisition is part of The Hut Group’s plans to spend around £400 million this year for various...
Majestic have launched a new site which will offer a more interactive experience, with a primary focus on feedback and wine ratings, and will give customers a greater influence over the Majestic range. After purchasing, customers will then be offered the chance to leave “Buy It Again” rating on all wines;...
Quiz clothing have teamed up with Love Island’s Gabby Allen to create a new collection featuring glamorous casual and party wear, with each piece designed to take the wearer from day to night. The new range is inspired by Gabby Allen’s quirky style and the clothes have been designed to give...
In the six months to 26th August, pre-tax profit soared from £71 million to £562 million as UK like for like sales increased by 2.2% after rising by 2.1% in the second quarter. Meanwhile, like for like sales in central Europe rose by 0.1% in the six month period although...
The Card Factory has reached a 900th store milestone. The landmark opening comes after a continued period of expansion for the retailer which has opened around 50 new stores every year for the past 10 years. The new shop will be opening in Epping Forest Shopping Park. Card Factory will be...
John Lewis' fashion sales were down 1.8% last week despite a good performance in the autumn/winter clothing category. Home sales fell by 5.1% although the retailer’s newly opened Christmas Villages performed well. Sales of Halloween products were up 24% on the same time last year. Home technology and electrical sales rose by...
Very owner Shop Direct has posted a strong increase in its sales and profit. In the year to 1st July, group sales increased by 5.6% on a like for like basis, or 3.7% on adjusted basis, to £1.93 billion after Very saw sales growth of 14.6%, or 12.6% on an adjusted...
ScS has increased its revenue by 4.9% to £333 million in the year to 29th July. Meanwhile, pre-tax profit rose by 9.9% to £12 million in the period. Chief executive of ScS, David Knight said: "We are delighted to be reporting continued sales growth across all areas of the group for...
Greggs has seen its sales climb by 8.6% In the 13 weeks to 30th September. The company said investment in its new forecasting and replenishment system helped to improve product availability for customers. Seasonal changes to its range also proved popular as the company also further developed its Balanced Choice healthier...
Nisa’s chief executive Nick Read will be stepping down. Mr Read joined Nisa in December 2014 during a time of uncertainty for the business when it made an unexpected loss. In July 2016 Nisa reversed the previous year’s loss with an EBITDA of £7.3 million which marked the largest annual EBITDA...
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