Retail news

• Stitch Fix surges on user growth and rosier sales outlook

  11-03-2019 23:06
  The company’s quarterly earnings beat estimates as its client base grew
  
  Read more

• Debenhams and Mike Ashley race to win hearts and minds

  11-03-2019 21:06
  Chain seeks investors’ support for refinancing before they vote on billionaire’s appointment next month
  
  Read more

• Julian Dunkerton has little chance of winning round Superdry’s board | Nils Pratley

  11-03-2019 20:16 via theguardian.com
  Investors are distinctly cool about the fashion brand founder’s hopes of a comebackSuperdry’s directors didn’t quite describe Julian Dunkerton, the founder who wants to return, as a man obsessed with yesterday’s game of slapping Japanese-style logos on everything in sight, but it wasn’t hard to catch their drift. The founder’s approach would fail. The product range would be “narrow and concentrated” and would ignore “consumer and data insight
  
  Read more

• Join us on 5 June to create engaged, connected and happy customers

  11-03-2019 18:58 via theretailbulletin.com
  On 5 June TRB will be holding its tenth annual Customer Engagement Conference to help retailers improve their bottom line in these difficult times by creating and retaining engaged, connected and happy customers.
  
  Read more

• Advertisement

• Superdry: him, not them

  11-03-2019 17:30
  Julian Dunkerton is more likely to lead revival than box-ticking career managers
  
  Read more

• Levi Strauss seeks $6.2bn valuation in stock market listing

  11-03-2019 16:11 via theguardian.com
  Jeans maker plans to return public ownership after three decades as a private companyThe 166-year-old jeans maker Levi Strauss is to seek a valuation of nearly $6.2bn (£4.7bn) in a stock market float that will restore it to public ownership after three decades as a private company.The company, credited with the invention of blue jeans, said it expected to raise $587m in a Wall Street listing aimed at transforming the business into a global fashion and broader lifestyle brand. Continue read
  
  Read more

• Belstaff hires chief marketing officer

  11-03-2019 15:43 via theretailbulletin.com
  Belstaff has appointed Sheena Sauvaire as its chief marketing officer.
  
  Read more

• Debenhams confirms it is in talks about borrowing £150m

  11-03-2019 10:23 via theguardian.com
  Funding, in addition to £520m of long-term debt, would enable chain to restructureDebenhams has confirmed it is in advanced negotiations about borrowing £150m as it battles for survival.The funding, which would be in addition to £520m of long-term debts, is intended to ensure credit insurers restore cover for Debenhams’ suppliers and to enable the business to restructure its store portfolio. Continue reading...
  
  Read more

• Advertisement

• Superdry recommends that shareholders vote against founder's return

  11-03-2019 09:54 via theretailbulletin.com
  Superdry is fighting back against its founder Julian’s Dunkerton’s attempt to return to the business.
  
  Read more

• Retail footfall drops again in February

  11-03-2019 09:54 via theretailbulletin.com
  UK retail footfall dropped by 2% last month to mark the weakest February in five years and a 15th consecutive month of decline.
  
  Read more

• M&S food business to sponsor Britain's Got Talent

  11-03-2019 09:48 via theretailbulletin.com
  Marks & Spencer’s food business is to sponsor the 2019 series of ITV’s Britain’s Got Talent in its first ever headline TV sponsorship deal.
  
  Read more

• Superdry urges investors to reject co-founder's board bid

  11-03-2019 09:40 via theguardian.com
  Fashion chain says Julian Dunkerton’s return would be ‘extremely damaging’Superdry is calling on shareholders to reject co-founder Julian Dunkerton’s bid to get back on the board, arguing in a strongly worded statement that the former chief executive’s return would be “extremely damaging” to the business.The struggling fashion brand, which has posted a series of profit warnings, said it had received a request from Dunkerton and James Holder, who together
  
  Read more

• Superdry tells shareholders to reject co-founder’s board bid

  11-03-2019 08:49
  Clothing retailer says reappointment of Julian Dunkerton would be ‘extremely damaging’
  
  Read more

• John Lewis's customer service is really bugging us

  11-03-2019 08:00 via theguardian.com
  Nightmare as it delivers our new Cooper oak beds along with wood eating beetlesI know you have discussed whether John Lewis’s customer service has got worse, so I thought you would be interested in my experience after it sold us an oak bed containing rare wood-eating beetles that kept us awake at night.We had bought two Cooper beds – described as being made from oak in Vietnam – from John Lewis, but a year or so later my daughter complained of hearing odd noises at night. After
  
  Read more

• Alibaba tightens grip on China logistics sector

  11-03-2019 07:21
  Ecommerce group snaps up 15% stake in delivery company STO Express for $693m
  
  Read more

• Unexpected February heatwave cheers Britain's pub trade

  11-03-2019 07:01 via theguardian.com
  For restaurant chains the picture was less sunny as Britons cut back on eating outThe freak February heatwave provided rare cheer for the struggling UK pub trade as Britons sought out beer gardens to soak up the sunshine.The monthly snapshot of trading at major chains, including All Bar One, Yates’s and Chef & Brewer, recorded growth of 1.4% at pubs open for more than one year. Bars focused on serving drinks rather than meals were the strongest performers, with London outperforming the
  
  Read more

Follow @retailuknws on Twitter!