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Retail & Etail

Sandro

SMCP appoints Isabelle Guichot as CEO as Daniel Lalonde steps down

SMCP Group, parent of Sandro, Maje and Claudie Pierlot, has appointed Isabelle Guichot as its new CEO as Daniel Lalonde announces he is moving on to pursue "new professional opportunities outside the group".

MR PORTER launches on-site streetwear marketplace, Super Mart

MR PORTER has launched Super Mart, a standalone on-site marketplace showcasing a curated selection of T-shirts, collectables and streetwear.
Matt Thompson

Shaftesbury appoints Matt Thompson to new Head of Property Insights role

Landlord Shaftesbury, which owns a 16-acre portfolio in the heart of London's West End, has announced the appointment of Matt Thompson to the newly created role of Head of Property Insights.
Victoria's Secret

Victoria’s Secret’s former UK business moved from administration into liquidation

A judge has ruled that Victoria's Secret's former UK operations can move from administration to liquidation enabling dividends to be paid to creditors.
Clearpay

Square agrees to £21bn deal for buy now, pay later firm...

Digital payments company Square Inc says it has agreed to acquire Australian buy now, pay later company Afterpay – known as Clearpay in the UK – in an all-stock deal valued at about $29bn dollars (£20.8bn).
Sports Direct

Frasers Group set for “upbeat” update after reopening stores

Frasers Group is expected to unveil an “upbeat” trading update amid hopes its sales will have rebounded strongly after the reopening of high street stores.

Northern Ireland to hand out £100 shopping vouchers to boost high...

Northern Ireland Economy Minister Gordon Lyons has announced that the £145m High Street Scheme (HSS), which will grant everyone aged 18 and over in Northern Ireland a pre-paid card worth £100 spend on their local high street, has been given the green light.

Amazon delivers mixed bag of results for second quarter

Amazon has turned in a mixed bag of results for its fiscal second quarter, coming up short of Wall Street expectations in revenue but beating them on profits.

Number of empty shops continues to rise across UK after Covid...

The number of empty shops in high streets, retail parks and shopping centres has increased in the past three months, according to new data.
Mothercare

Mothercare losses widen in the year of the pandemic

Baby clothing and baby care group Mothercare has announced full year results for the 52 week period to 27 March 2021, with a statutory loss of £21.5 million, a bigger loss than the £8.5 million reported last year.
Dr Martens

Dr Martens strong Q1 sales outperform pre-COVID-19 results

Dr Martens has today announced a strong Q1 performance in the three months to 30 June 2021, which has seen group revenue at £147.3m – up 52% year on year – but more impressively up 31% compared to the same period in pre-pandemic 2019.
Dr Martens Liverpool ONE

Dr Martens upsizes flagship store at Liverpool ONE

British footwear brand Dr Martens has just opened a new 2,000 sq ft store on Paradise Street in Liverpool ONE, upsizing from its previous store on Manesty’s Lane in the shopping centre, and now next to Vans and Levi’s, and opposite JD Sports’ flagship store.
Klarna

Klarna launches £3m Support Package Program to support SMEs

Klarna, the leading global retail bank, payments, and shopping service, has today announced the launch of a new £3 million Small Business Support Package to help British SMEs recover from the pandemic.
Twitter

Twitter is testing a new shopping feature for brand profile pages

Twitter has announced it will shortly begin allowing businesses to showcase products for sale at the top of their profile page, as it follows in the footsteps of rival Facebook which opened a “Shops” feature last year.
Oxford Street

Quarantine for EU and US visitors to England is dropped providing...

England is to allow US and EU travellers who are fully vaccinated against coronavirus to enter without the need to quarantine in what will be a huge boost to retail, which has been starved of tourist trade since the pandemic struck.
Loake Salisbury Store Manager, Faz McVey, and Assistant Manager, Aurora Salina.

Loake to continue new store roll-out following openings in Brighton and...

Traditional English shoemakers Loake is looking to add two further stores to its retail portfolio this year, following the recent openings of stores in Brighton and Salisbury.
John Tavaria - InPost CEO

Fashion discounts incentive for donated clothes spearhead new InPost and Yellow...

Leading out-of-home and ecommerce delivery company InPost has today announced a new partnership with sustainable fashion trailblazer Yellow Octopus Group, which aims to offer consumers a more convenient and greener way of donating and recycling clothes.
BRC Shopping High street

Shop prices tumble sharply on back of cheaper food and clothes

Shoppers have seen retail prices plunge more sharply this month on the back of summer clothing sales, while food also became cheaper, according to new data.
Gucci UK Store

Kering sees very strong sales growth in first-half 2021 results

Luxury fashion house Kering has announced it saw a 48.9% revenue increase on an as-reported basis and 53.3% increase on a comparable basis to €7.7 billion for the six months to 30 June 2021.
High street shopping

UK retail sales strong in July but clothing yet to return...

UK retailers have reported another strong month of sales growth but clothing and footwear demand is yet to return to "normal" levels.