Retail news

• Cyber space can’t compete with ‘try before you buy’

  24-08-2018 19:54
  Try a Zozosuit or a fashion-conscious camera — or just go to a clothes shop
  
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• Procter & Gamble bids to trademark LOL, WTF and other acronyms

  24-08-2018 19:26
  Firm wants to brand household products to appeal to younger consumersProcter & Gamble, the household products company, has applied to trademark acronyms common in textspeak including “LOL” and “WTF”.If successful, the terms could be used to market products such as soap, detergents and air fresheners in order to attract younger consumers. Continue reading...
  
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• Victoria’s Secret/Gap: underwired, overplayed

  24-08-2018 18:50
  Rebranding might help inject a modicum of freshness
  
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• Judge clears way for Chappell’s appeal over BHS pension convictions

  24-08-2018 16:08
  Former bankrupt will return to court in September
  
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• Judge clears way for Chappell appeal on BHS pension convictions

  24-08-2018 16:08
  Former bankrupt will return to court in September
  
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• Leggings race ahead of fashion field as sales boom

  24-08-2018 14:57
  Increased demand follows more people incorporating fitness into their daily routines Leggings have enjoyed sporadic returns to the style spotlight since their 1980s heyday, but this year they are having their biggest comeback yet.The online retailer Asos, which has 1,021 styles for sale on its website, said this week that sales of its branded styles had grown by more than 180% year on year, and it has already sold 95% more leggings this year compared with 2017. Related: Van Gogh leggings and Tra
  
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• BHS collapse: ex-owner was victim of political pressure, court hears

  24-08-2018 14:54
  Dominic Chappell’s solicitor says regulator was under pressure to be ‘seen to respond’ over collapseThe former owner of the collapsed high street chain BHS was the victim of political pressure, a court has been told.Dominic Chappell, who had no previous retail experience, bought the high street chain from the billionaire Sir Philip Green for £1 in March 2015. The company collapsed with the loss of 11,000 jobs 13 months later, leaving a pension deficit of about £571m
  
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• Bargain wedding dresses, TVs and antiques: John Pye sees soaring sales

  24-08-2018 14:28
  Selling unwanted stock from closing stores has given the online auctioneer a boostAs high street retailers struggle with store closures and bankruptcies, an online auctioneer is thriving. John Pye Auctions operates a digital bootsale that helps clear stock from collapsed shop chains, closed down restaurants and failed manufacturers. On a Monday morning in August, a traffic jam at a secluded industrial estate in rural Staffordshire indicates that the firm is doing brisk business.Related: The deat
  
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• Is Thomas Goode a sleeping giant of British retail?

  24-08-2018 13:00
  London’s grandest homewares store is getting a 21st-century revamp. Can its new owner keep the plates spinning?
  
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• Heinz fined $2.25m for misleading marketing of snacks for toddlers

  24-08-2018 10:06
  ACCC counsel describes Little Kids Shredz packaging as ‘egregious’ because of the health implicationsFood giant Heinz has been hit with a $2.25m fine for misleading consumers by claiming one of its snacks, marketed for toddlers, was beneficial for young children.The federal court imposed the penalty on Friday, and Justice Richard White also ordered the company to set up a consumer protection compliance program. Related: Sugar tax: why health experts want it but politicians and indust
  
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• Pascal Perrier named as new chief executive of La Perla

  24-08-2018 07:14 via theretailbulletin.com
  La Perla owner Sapinda has appointed Pascal Perrier as group chief executive of the lingerie brand.
  
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• Insight: North East worst region for serial returners

  24-08-2018 06:47 via theretailbulletin.com
  A new study has revealed that the North East of England is the worst region for ‘serial returners’. 
  
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• Creditor deal shows 70% of Homebase stores in the red

  24-08-2018 06:02
  New owners reverse Wesfarmers strategy as documents reveal plans to close 42 outlets
  
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• Creditor agreement shows extent of Homebase woes

  24-08-2018 06:02
  New owners reverse Wesfarmers strategy as CVA reveals over 70% of stores lose money
  
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• Creditor agreement shows 70% of Homebase stores in the red

  24-08-2018 06:02
  New owners reverse Wesfarmers strategy as documents reveal plans to shutter 42 outlets
  
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