Retail news

• Smith & Wesson owner loses shareholder gun safety vote

  25-09-2018 21:26
  Investors demand evidence on its effort to avert violence with its products
  
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• Next is first among retailers in facing up to Brexit

  25-09-2018 20:35
  The clothes group’s detailed analysis of potential costs leaves rivals trailing — again
  
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• Michael Kors plans to boost Versace sales after €1.83bn deal

  25-09-2018 19:47
  US group buys Italian label as it seeks to fashion new image as seller of high luxury
  
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• Labour delegates vote overwhelmingly for Brexit motion backing second referendum as option – as it happened

  25-09-2018 19:06
  Rolling coverage of the Labour conference in Liverpool, including the debate on Brexit and a second referendumKeir Starmer’s morning interviews on Brexit - SummaryLunchtime summaryJeremy Corbyn’s broadcast interviews - SummaryAfternoon summary 6.05pm BST5.50pm BST Diane Abbott, the shadow home secretary, has just finished her speech to conference. Here are the key points.We know that in this country you generally need a warrant to enter someone’s home or intercept their telepho
  
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• Next lifts profit forecast as online sales ramp up

  25-09-2018 18:39
  Pro-Brexit chief says no deal with add 0.5% ‘at most’ to prices
  
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• Antisemites on left are like fascists, Thornberry tells Labour conference - Politics live

  25-09-2018 17:37
  Rolling coverage of the Labour conference in Liverpool, including the debate on Brexit and a second referendumKeir Starmer’s morning interviews on Brexit - SummaryLunchtime summary 4.37pm BST In the Welsh assembly today, in response to a question from the Plaid Cymru AM Steffan Lewis, the Labour first minister Carwyn Jones explained the difficulties with holding a referendum if Theresa May does secure a Brexit deal. Asked if he thought the referendum should include an option to remain in t
  
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• Starmer opens Labour's Brexit debate and says 'nobody is ruling out remain' - Politics live

  25-09-2018 15:34
  Rolling coverage of the Labour conference in Liverpool, including the debate on Brexit and a second referendumKeir Starmer’s morning interviews on Brexit - SummaryLunchtime summary 2.34pm BST Emily Thornberry, the shadow foreign secretary, told a fringe meeting at lunchtime that article 50 should be extended (ie, that Brexit should be postponed beyond 29 March 2019), my colleague Lisa O’Carroll reports.Thornberry: "[we] need to extend article 50, and essentially turn up in Europe and
  
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• Quiz teams up with TOWIE on second collection

  25-09-2018 14:26 via theretailbulletin.com
  Fast fashion brand Quiz has embarked on a second collaboration with Lime Pictures’ TV show The Only Way is Essex.
  
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• Michael Kors buys Versace in $2.1bn deal

  25-09-2018 14:17
  Donatella Versace to stay on at Italian label and US fashion group to rebrand as CapriMichael Kors has confirmed its acquisition of the Italian fashion house Versace for $2.1 bn (£1.6bn).Donatella Versace, the brand’s artistic director and sister of founder Gianni Versace, will continue to lead the creative side of the business. Continue reading...
  
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• Michael Kors bags Versace in €1.83bn deal

  25-09-2018 13:31
  US group plans to double sales to €2bn at Italian luxury label
  
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• Next warns over Brexit risks as it reports strong summer sales

  25-09-2018 12:42
  Retailer’s shares rise by more than 8% as it says it is well prepared for no-deal EU exit Shares in Next have soared after it reported better-than-expected sales, while warning that a no-deal Brexit could lead to disruption at UK ports and higher prices in its shops.The fashion retailer was the biggest riser in the FTSE 100, climbing by more than 8%, after it said annual profits would be higher than expected, boosted by the summer heatwave. Related: Next warns of port delays as biggest Bre
  
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• Next warns of Brexit port delays and higher prices

  25-09-2018 12:42
  Shares rise by more than 8% after strong sales and says it is well-prepared for no-deal exit Next has warned that a no-deal Brexit could lead to disruption at UK ports and higher prices in its shops, but shares in the company soared as the fashion and homewares retailer said the long hot summer had bolstered sales and profits.The retailer’s shares climbed by more than 9% on Tuesday, making it the biggest riser in the FTSE 100, after Next said sales had risen by 1% more than expected, stren
  
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• Interview: Screwfix placing stores at heart of its digital model

  25-09-2018 10:20 via theretailbulletin.com
  It might have started out as a catalogue- based retailer that moved online but for home improvement retailer Screwfix most of its revenues today are generated through its stores that have just hit the milestone of 600 outlets.
  
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• Hotel Chocolat increases full year profit by 13%

  25-09-2018 10:20 via theretailbulletin.com
  Hotel Chocolat increased its pre-tax profit by 13% to £12.7 million in its full year, which was slightly ahead of expectations.
  
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• Next benefits from hot summer

  25-09-2018 09:55 via theretailbulletin.com
  Fashion and homewares retailer Next has reported that its first half full price sales have climbed by 4.5% year-on-year.
  
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• Card Factory profits rise despite 'challenging' footfall

  25-09-2018 09:55 via theretailbulletin.com
  Greeting cards retailer Card Factory has seen its first halfpre-tax profit rise to £27.2 million from £23.2 million in the same period in the prior year.
  
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• Jo Malone London opens virtual shop on China's Tmall

  25-09-2018 09:29 via theretailbulletin.com
  Perfumer Jo Malone London has opened a new store on China’s Tmall online marketplace.
  
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• Emma Mattress teams up with Carpetright

  25-09-2018 09:24 via theretailbulletin.com
  Bed-in-a-box brand Emma Mattress has embarked on a retail partnership with Carpetright in which its Emma Hybrid mattress will be stocked in 200 of the carpet and flooring retailer’s stores.
  
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• Next upgrades profit forecast after strong summer

  25-09-2018 08:34
  Pro-Brexit chief executive spells out steps retailer is taking to prepare for no deal
  
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• Merger talk adds twist to Casino short-selling saga

  25-09-2018 05:00
  Rival supermarket Carrefour surprised at being linked to tie-up ‘that does not exist’
  
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• UK grocers pledge to halve food waste from 'farm to fork' by 2030

  25-09-2018 01:01
  Roadmap outlines steps firms must take to reduce waste at every stage of supply chainLarge supermarkets and manufacturers are signing up to efforts to drive down the UK’s annual £20bn food waste bill by committing to halving waste from “farm to fork” by 2030.A roadmap being published on Tuesday by the government’s waste reduction body, Wrap, and the food and grocery charity IGD sets a series of milestones for businesses to reduce waste at every stage of the supply c
  
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