Retail news

• Gymshark founder who launched £1.25bn empire in parents’ garage awarded MBE

  30-12-2022 23:30
  Ben Francis, 30, among slew of businesspeople recognised for services to commerce and economy in new year honours listThe 30-year-old founder of the exercise clothing brand Gymshark has been awarded an MBE in the new year honours list, – just one of a slew of businesspeople to be recognised for their services to commerce and the economy.Ben Francis, who began his £1.25bn empire sewing his own gym clothes in his parents’ garage in Bromsgrove, near Birmingham, in 2012, is the you
  
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• Rail strikes caused £1.5bn hit to hospitality sector in December, says trade body

  30-12-2022 14:40
  UKHospitality chief says footfall in parts of central London was down by almost half
  
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• UK retail spending falls in 2022 amid cost of living crisis

  30-12-2022 13:49
  Barclaycard data shows number of transactions was up but high inflation led to smaller basket sizesRetailers have failed to benefit from a post-lockdown boost in UK high street activity this year after soaring energy bills and the cost of living crisis forced households to rein in their spending.Despite an increase in face-to-face shopping after the lifting of Covid 19 restrictions, Barclaycard data released for the whole of 2022 showed retail spending fell 0.8% on the previous year. Continue re
  
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• Hate that jumper? Here’s what to do with unwanted Christmas presents

  30-12-2022 13:30
  The lowdown on donating or selling unloved items or returning them to the storeDid you receive any dud presents this Christmas? Consumers waste millions of pounds on unwanted presents every year, meaning many of us will be stuck with redundant gifts when the festive period is over.According to research published this week by the consumer body Which?, one in four people (24%) received an unwanted or unsuitable gift for the Christmas of 2021. Continue reading...
  
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• ‘A fashion revolutionary’ – industry pays tribute to Dame Vivienne Westwood

  30-12-2022 10:13 via retailgazette.co.uk
  // Designers Marc Jacobs and Victoria Beckham lead the tributes to Dame Vivienne Westwood, who passed away yesterday
  // The British Fashion Council branded Westwood a “fashion revolutionary” who not only defined punk but “drove postive change globally”The fashion industry has paid tribute to iconic designer Dame Vivienne Westwood, who passed away yesterday, aged 81.
  Designer Marc Jacobs said: “Heartbroken. You did it first. Always. Incredible style with brilliant an
  
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• ‘Absolute carnage’ at Aldi as shoppers battle to buy viral Prime drink

  30-12-2022 09:52 via retailgazette.co.uk
  // Aldi stores were chaotic yesterday as viral drink Prime Hydration went on sale at the supermarket
  // Shoppers queued for hours to get their hand on the drink, however, at some stores it sold out within secondsThere were chaotic scenes at some Aldi stores yesterday as shoppers tried to get their hands on Prime Hydration, a sports drink created by two YouTube stars.
  Giant queues formed outside of Aldi stores up and down the country after the supermarket revealed bottles of Prime,created by two
  
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• The Perfume Shop posts record Christmas sales

  30-12-2022 09:05 via retailgazette.co.uk
  // The Perfume Shop sold a record 1.8 bottles of fragrance over is Christmas peak
  // Gift set sales surged 26% in the week before ChristmasThe Perfume Shop celebrated a record Christmas as sales of gift sets soared.
  The retailer sold 1.8 million bottles of perfume between November 28 and December 24, a new high for the business, while gift sets surged 26% year on year in the week before Christmas.
  The retailer’s best sellers were Dior’s Sauvage, Chanel’s Coco Mademoiselle and T
  
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• Best of 2022: John Lewis new strapline met with resounding ‘meh’

  30-12-2022 08:48 via retailgazette.co.uk
  Since John Lewis revealed it was ditching its almost 100-year-old brand promise ‘Never Knowingly Undersold’ earlier this year, the retail world has wondered what would replace its famous slogan.
  Would it reinvigorate the department store and reaffirm its place in modern retail? Would it shout about its trusted credentials? Would it make people reappraise John Lewis as a destination for value?
  This week all was revealed when it unveiled it’s ‘for all life’s moments&r
  
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