The Primark headlines may have been largely about its mega-sized opening in Birmingham this month, but the company is continuing to open stores elsewhere and has just opened at Centre:MK in Milton Keynes.
Pledges to donate millions of euros, including from LVMH's Bernard Arnault, Kering's François-Henri Pinault and L'Oréal's founding Bettencourt family, poured in Tuesday in the aftermath of a fire at Paris' Notre-Dame.
UK physical stores retail remained weak last month with consumers unwilling to spend. And what appeared to be a recovery was nothing of the sort when comparisons with last year and calendar shifts are factored in.
Sergio Bucher, the CEO who hoped to turn Debenhams around but has presided over its decline, is expected to set down from his role within the next few days with some observers saying news could come as soon as Monday.
Debenhams said on Tuesday it had rejected a “highly conditional” last-minute offer by its biggest shareholder Mike Ashley/Sports Direct to underwrite an increased £200m rights issue and it has filed for administration.
UK retail failed to recover from the weak sales of a year ago during March and fashion was among those not bouncing back sufficiently. But online boomed as gifting continued to switch to digital channels.
Mothercare on Thursday released a trading update and hailed the “significant strategic progress” it has made so far. Its turnaround continues and expectations for full-year profit remain in line with analyst forecasts.
The Ohio-based department store operator announced on Monday that it has appointed Dennis Mullahy to the position of chief supply chain officer, a newly created role at the retailer, currently undergoing restructuring.
Instagram is testing a new seek feature for video posts, following the announcement of a roll-out of tools set to help brands and influencers establish and maintain more powerful marketing partnerships.
As it continues to work through its turnaround, M&S has sometimes looked to be deprioritising fashion compared to food, but now it has appointed a new creative agency to give a boost to its Clothing & Home ops.