British luxury brand Mulberry has seen strong growth in the year to 31st March as a result of continued design and omni-channel investments. Total retail sales rose by 8% to £118.7m, with like-for-likes up 8% over the 52 week period. Pre-tax profits increased from £1.9m to £6.2m year-on-year and total revenue...
Luxury footwear brand Jimmy Choo has announced that it is trading in-line with its expectations and has made a good start to the year. Jimmy Choo is continuing to develop its retail portfolio and expansion, whilst progressing with new collections. One of the major factors for the growing brand is its...
It has been reported that Frenchgate shopping centre in Doncaster is to welcome Smiggle, the Australian stationery brand, to its line-up on the 17th June as the company plans to open around 200 new outlets across the country by 2019. Products being sold in store will include lighting, watches, drinks bottles,...
The Economist Intelligence Unit (EIU) has said that UK retailers will be hit by a “severe” economic shock which will “flatten out” sales for the rest of 2016 and beyond if Britain votes to leave the EU. Out and Down: Mapping the impact of Brexit report said that the country could...
Iconic British Wellington boot maker Hunter has launched a festival themed pop-up in Topman’s flagship store in Oxford Circus. The pop-up features some of the brand’s iconic footwear designs as well as botanical print waterproof blousons; packable, lightweight rain jackets; weatherproof backpacks and both vinyl and rubber outerwear. Hunter recently announced that...
The British public has been given the opportunity to decide on the nation’s most iconic shopping items as Barclaycard launches its new interactive platform. Known as the Great British Shopping Showdown, customers will be able to choose items in a series of “Tinder-style” battles. The idea is to reveal Britain’s ultimate...
It has been reported that the British government is seeking to make public the Insolvency Service’s report into the collapse of BHS. The government has suggested that there would be quite a lot of public interest regarding the report. It is currently illegal to release confidential Insolvency Service reports but lawyers...
Following the launch of its new luxury Solarin smartphone, Israeli startup Sirin Labs has launched its first flagship store in London’s Mayfair. The Solarin is a 5.5-inch Android smartphone, costing £9,500. The high price tag is due in part to its innovative, military-grade security and privacy measures. These include a switch at...
Walmart has announced that the head of its Chinese business, Sean Clarke, will replace his namesake Andy Clarke as president and chief executive of Asda when he steps down in July. Andy Clarke will remain with the business until the end of the year, retaining his current role as Asda’s...
Software giant Microsoft is to buy professional networking site LinkedIn for $26 billion (£18 billion) in cash. It is anticipated that the deal will allow Microsoft to boost sales of its business and email software by being integrated with Office 365, Exchange and Outlook. However, the parent company has said...
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