Retail news

• Game Digital agrees to £52m takeover by Mike Ashley’s Sports Direct

  21-06-2019 18:50
  Retailer said it had little choice as analysts anticipate possible consolidation with House of Fraser storesGame Digital has agreed to a £52m takeover by retail tycoon Mike Ashley, potentially paving the way for video gamers to descend on House of Fraser stores for live battles in purpose-built gaming arenas.In a statement to the stock market, Game said it had little choice but to accept an offer from Ashley’s Sports Direct leisurewear group, which bought a 26% stake in the company i
  
  Read more

• Fast fashion is on the rampage, with the UK at the head of the charge

  21-06-2019 15:24
  One in three young women in Britain consider a garment worn once or twice to be oldFast fashion – the rapid system of trend-driven, low-cost clothing manufacture beloved by UK consumers – is on the rampage. We crossed a worrying line in 2014, scaling up garment production to 100bn pieces of new clothing a year. These are clothes, made from virgin resources, increasingly plastic, pushed out into the world with little thought as to where they will end up. Without rapid reform, the fash
  
  Read more

• Death of the high street weighs on landlords round the world

  21-06-2019 06:01
  Shop vacancies rise across Europe and big brands desert New York’s Fifth Avenue
  
  Read more

• Philip Green & the Trouble With Topshop review – ignoring the real scandal

  21-06-2019 00:05
  Green’s fall from grace hardly gets a mention, as this morally bankrupt programme fixates instead on whether the fashion store has lost its coolHere is a question. When you consider where we are at with the ever-so-British quagmire that is the Sir Philip Green scandal, where does your mind go? To the former employees paid seven-figure secret payouts to settle claims of sexual harassment, bullying or racist abuse? To the collapse of BHS, which led to the loss of 11,000 jobs and a pension de
  
  Read more

• Advertisement

Follow @retailuknws on Twitter!