Victoria’s Secret has appointed Greg Unis as brand president for Victoria’s Secret & Pink and Anne Stephenson as its new chief merchandising officer. In a statement, the company said it was making the move to “further advance its strategic pillars of strengthening the core, igniting growth and transforming the foundation”. Unis joined...
Morrisons has posted an increase in second quarter sales as it works towards building a “broader, stronger” business. In the 13 weeks to 30 April, the supermarket’s total sales, excluding fuel, rose by 3.1% to £3.7 billion while like-for-like sales edged up 1%. However, group revenue fell by 0.9% to £4.5 billion...
Revolution Beauty has reported a 60% uplift in sales in the first three months of its financial year as it updated shareholders on trading in light of the requisition notice by Boohoo. The make-up brand said gross margins were 48.2% in the period compared to 41.7% at the corresponding time last...
Toolstation, Britain’s fastest growing supplier of tools, accessories and building supplies, is hosting a series of supplier days across the UK this summer. It means that customers and tradespeople can attend and learn more about the latest products, ask questions and learn all important skills. The supplier days will be held at...
Sainsbury’s has expanded its Nectar Prices loyalty initiative by introducing offers on fresh fruit and vegetables for the first time. Nectar’s 18 million users will now be able to access up to half price offers on selected products including household staples such as By Sainsbury’s Best of British apples (usually £1.70,...
French Connection is to make its London outlet debut at Icon Outlet at The O2. The move marks the brand’s first outlet store opening in six years. The 1,766 square foot store will open later this month in a unit adjacent to Clarins and Ted Baker. It will stock the brand’s range...
Sainsbury’s is to launch a two-day pop-up in London’s Kings Cross where it will offer busy commuters a healthy grab-and-go meal kit for two for just 50p. With all proceeds from the sales being donated to Comic Relief, the move forms part of the supermarket’s Nourish the Nation programme with the...
Lush has teamed up with Refugee Action on a new campaign where the windows of its 103 UK stores feature a lightbox message that reads, “Wherever you’re from, however you got here, all refugees are welcome”. The retailer said it had made the move to counter what it describes as the...
Halfords has posted a 38.3% drop in full year profit after it invested in competitive pricing and its continued transformation. In the 52 weeks to 31 March, the motoring and cycling retailer’s underlying pre-tax profit came in at £51.5 million compared to £89.8 million in the prior year. However, revenue increased...
THG has said it expects to announce a significant increase in first half profitability following a strong second quarter. In an update ahead of its AGM later today, the company attributed the success to a continued focus on profitability and cash generation. THG is expecting first half adjusted EBITDA to be in...
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