Fashion retailer The Ragged Priest has opened a flagship store in Seven Dials, in London’s Covent Garden. The Neal Street location, set over two floors spanning 975 sq ft, becomes the brand’s largest location to date.
With the discount retail sector set to become ever more central to consumer buying habits as the threat of austerity grows, it’s little wonder businesses such as The Original Factory Shop (TOFS) are trading strongly.
Global events business Hyve Group has said its non-executive director Anna Bateson is resigning from the board, effective 16 September. Her impending departure follows her appointment as CEO of the Guardian Media Group.
Swedish payments company Klarna has reported a half-yearly operating loss that more than tripled, weighed down by an increase in employee costs, higher credit losses and continued investment in market expansion.
Marketplaces may be popular, but new research claims that Millennial and Gen Z shoppers actually prefer buying directly from e-commerce brands rather than big marketplace platforms when shopping across borders.
The latest Dr Martens collaboration sees it linking up with Engineered Garments — the label created by Daiki Suzuki of Nepenthes — to create two new shoes handmade by DM’s cobblers in Northamptonshire.