NewLook to open New Store with a Very Unique Concept
New Look will open its first ever clearance store this week at The Boulevard outlet centre in Northern Ireland The aim is to improve its...
Tag : stores
Fashion and Lifestyle brand 6thStreet.com is expanding to Egypt
6thStreet.com has revealed plans to expand in Egypt, where customers can shop over 800 international brands such as Aldo, Dune London, Tommy Hilfiger, Adidas, Nike, Skechers...
RAINS DAMPEN SALES IN UK
September saw the slowest retail sales growth since January, when the UK was forced into lockdown due to Covid-19. Like-for-like sales were 0.6% lower for...
Sales bounce back at Macy’s & Kohl’s
Macy’s and Kohl’s raised their projections for 2021 after easily beating expectations in the just-ended second quarter. Macy’s expects sales for the year of between...
Frasers Group may take a hit in excess of £100 million due to the Covid-19 lockdown
Frasers Group has said it could take a hit in excess of £100 million due to the Covid-19 lockdown on non-essential retailers lasting until April...
Gap to close all 81 stores in UK and Ireland
Gap has confirmed it will be closing all 81 of its stores in the UK and Ireland by the end of this year. The fashion...
M&S TO CLOSE STORES AS LOSSES WIDENS
M&S posts £201mn loss after lockdowns affect store sales. Marks & Spencer has announced plans to reduce its store estate after it plunged to a...
JC PENNEY transfers USD 2.8Bn to Pension Beneficiaries
JC Penney has completed a transfer of pension risk to annuities provider Athene Holdings that ensures the bankrupt retailer’s retired employees will continue to receive...
Uniqlo outpaces Zara as most valuable clothier with $103bn
The value of Fast Retailing, the Japanese parent of casual clothing chain Uniqlo, reached USD ($103 billion) putting it at the top of the global...
H&M profits Decrease by 88.2% to £174.4m in the year to November 30, 2020
H&M said its financial position “remains strong” despite the losses The fashion retailer saw profit collapse by 88.2 per cent during the year to November...