Shares in Debenhams have been rising since Mike Ashley’s deal to buy fellow department store chain House of Fraser was completed on Friday of last week.
Posted In Business, News & Insight, Retail & Etail
Debenhams shares rise as speculation mounts over HoF merger
Posted In Business, CSR & Sustainability, News & Insight, Retail & Etail
Pricing transparency: should more brands be open about what their product costs?
Why do things cost what they do? This is a question few ask when items are cheap, but, move up the pricing scale, and we feel like we need some explanation. Many brands cite the ‘luxurious’ materials and use the ‘made in…’ tags, and, think that is sufficient to justify higher and higher prices. But, some brands are going a lot further and not just explaining, but dissecting their costs and offering ‘Pricing Transparency’.
Posted In Business, News & Insight, Retail & Etail
House of Fraser website taken down as dispute with supplier continues
House of Fraser has temporarily pulled its website following complaints from customers over non-delivery of orders after its buyout by Sports Direct’s Mike Ashley last Friday.
Next has today cut the ribbon on one its largest stores in the UK – a giant 55,000 sq ft flagship store at the intu Merry Hill centre in the West Midlands.
Posted In Business, Moves, News & Insight, People, Retail & Etail
Former BHS and LK Bennett CEO joins Retail Executives as chairman
Darren Topp, the former CEO of BHS and LK Bennett, has joined specialist fashion and retail recruiter, Retail Executives, as chairman.
Posted In Business, News & Insight, Retail & Etail
Mike Ashley could retain up to 47 House of Fraser stores
Mike Ashley has said he may retain up to 47 of House of Fraser’s 59 stores, as part of his revitalisation plans for the business he acquired in a pre-pack deal on Friday.
Posted In News & Insight, Retail & Etail, Start-ups & Innovation
Away lands at Covent Garden’s Seven Dials
Away, the direct to consumer luggage brand, has revealed the location of its first UK store will be Earlham Street in Covent Garden’s Seven Dials area.
US athletic brand Champion is staging an exclusive women’s pop-up in the Designer Studio of Selfridges Oxford Street flagship featuring many of its iconic pieces updated and re-invented in fresh, new colourways for the season.
G-Star RAW has become the latest in a line of brands to take a new unit in the recently refurbished Sheffield supermall Meadowhall.
Posted In Business, News & Insight, Retail & Etail
Losing House of Fraser bidder Day urges Ashley to pay suppliers in full
Retail tycoon Philip Day, who lost out in his bid to acquire House of Fraser last week, has urged winning bidder Mike Ashley to ensure the chain’s creditors and concessionaires are paid in full.