Retail news

• Nike: sales stumble in North America as competition intensifies

  30-06-2023 19:23 via ft.com
  Tighter cost controls should bring profit back on track
  
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• John Lewis submits proposals for 800 rental homes

  30-06-2023 13:24 via retailgazette.co.uk
  
  John Lewis Partnership has submitted its first planning applications to build hundreds of new rental homes in West Ealing and Bromley.
  It forms part of the retailer’s plans to deliver 1,000 ‘build to rent’ homes in London and Reading as part of a £500m joint venture with investment company Abrdn.
  The Partnership had submitted plans that would see 428 new homes in West Ealing and 353 in Bromley, while initial plans for a vacant warehouse site in Reading would be brought fo
  
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• In pictures: Boohoo’s limited edition Barbie collection

  30-06-2023 13:21 via retailgazette.co.uk
  
  Boohoo has released a limited edition Barbie collection to kick off the summer.
  The fashion retailer teamed up with Barbie to create the capsule collection, which it said is designed to “combine Boohoo’s fearless and inclusive approach to fashion with the global influence of Barbie”.
  The Barbie x Boohoo collection is available to buy today from 8am exclusively on the Boohoo app and 8pm on boohoo.com.
  The launch comes before the Barbie film is due to hit UK cinemas on 21 July.Su
  
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• In pictures: Burberry honours heritage in New Bond Street flagship redesign

  30-06-2023 12:39 via retailgazette.co.uk
  
  Burberry has reopened the doors to its flagship on New Bond Street, which closed earlier this year for renovation works.
  The luxury fashion house has updated the 22,000 sq ft retail unit to showcase a new, fresh and dynamic interior that features subtle references to the brand’s heritage.
  The store carries the brand’s womenswear, menswear, eyewear, shoes, and accessories lines, with a stronger focus on leather goods, and a new VIP area.Subscribe to Retail Gazette for free
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• Seasalt hires former Specsavers tech exec to newly created CIO role

  30-06-2023 12:33 via retailgazette.co.uk
  
  Seasalt has appointed Mel Wilcox into its newly created role of chief information officer and Duncan Tennent as its director of strategic partnerships.
  Wilcox, who previously served as global portfolio director at Specsavers, will be responsible for “shaping the future of IT services” for the company and its customers.
  Ex-Monsoon Accessorize head of international Tennent will lead the UK and international 3rd party B2B and B2C sales efforts and commercial operations.Subscribe to Reta
  
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• M&S trials discounted prices for Sparks members

  30-06-2023 11:59 via retailgazette.co.uk
  
  // M&S is testing Sparks Prices across 50 stores in South Wales, the North East and West Midlands
  // Shoppers can save up to £2 on select ‘Dine In’ meals and certain bottles of ProseccoM&S has become the latest grocer to introduce exclusive pricing for members of its loyalty scheme.
  The retailer is testing Sparks Prices across 50 stores in South Wales, the North East and West Midlands, IGD reported.
  The reduced pricing is available on select ‘Dine In’ meals
  
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• Castore named second fastest-growing private company in Britain

  30-06-2023 09:28 via retailgazette.co.uk
  
  // Castore has been named the second fastest-growing private company in Britain according to the latest Sunday Times 100 rankings
  // The business was second only to remote-working outsourced recruitment firm, Join Talent.Castore, the English sportswear retailer founded by brothers Phil and Tom Beahon and backed by tennis star Andy Murray, has been named the second fastest-growing private company in Britain.
  The business has achieved annual sales growth of 285.80% over three years, according
  
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• Revolution Beauty defends fire and rehire AGM action as Boohoo battle continues

  30-06-2023 09:07 via retailgazette.co.uk
  
  // Revolution Beauty hits back at Boohoo as the battle for control rages on
  // The beauty business rejected the claim that 74% of shareholders had voted with boohooRevolution Beauty has defended the actions it took at its AGM earlier this week, after it reinstated three executives who had been voted out by shareholders.
  The online cosmetics retailer said its actions had been “firmly validated” by the stock market response, with its shares rising 45% yesterday.
  “The response fro
  
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• H&M adds more third-party brands online and in-store to attract shoppers

  30-06-2023 08:47 via retailgazette.co.uk
  
  // H&M to sell more third-party brands online and in stores
  // The business now has 70 external brands on its platform in six markets,H&M is set to add more third-party brands to its stores and websites in a bid to attract more customers.
  The Swedish fashion giant which owns H&M, Arket, Cos and more launched its marketplace strategy last year to help it compete against rivals including Shein and Zalando.
  The business has added 70 outside brands to its platform in six markets after po
  
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• H&M adds more third-party brands online and in-store to attract more shoppers

  30-06-2023 08:47 via retailgazette.co.uk
  
  // H&M to sell more third-party brands online and in stores
  // The business now has 70 external brands on its platform in six markets,H&M is set to add more third-party brands to its stores and websites in a bid to attract more customers.
  The Swedish fashion giant which owns H&M, Arket, Cos and more launched its marketplace strategy last year to help it compete against rivals including Shein and Zalando.
  The business has added 70 outside brands to its platform in six markets after po
  
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• WHSmith rules out any more UK high street stores

  30-06-2023 08:32 via retailgazette.co.uk
  
  // The boss of WHSmith has said the retailer will not be opening any more high street stores in the UK
  // Instead the business will focus on airports and train stations
  WHSmith bosses have said the retailer won’t be opening any more UK High Street stores.
  The high street stalwart will instead focus on UK airports and train stations as well as expanding across US and Europe.
  Chief executive Carl Cowling told the BBC: “We’ve got a very healthy High Street business in th
  
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• John Lewis defends plans to build 10,000 rental homes on its land

  30-06-2023 07:00
  
  Group has submitted planning application for projects in west and south-east London in face of criticism John Lewis has defended a plan to build homes to rent as the group files planning applications for projects in west and south-east London, and prepares to manage tenancies at three sites built by other developers.The John Lewis Partnership, which owns Waitrose supermarkets and a string of department stores, has pledged to build and rent out 10,000 homes as part of bold plans to generate 40% o
  
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• WH Smith isn’t planning to open any new high street stores

  30-06-2023 02:00 via theretailbulletin.com
  
  Book and stationery retailer WH Smith has said it is not planning to open any new UK high street stores as it looks to focus on... View Article
  
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• Trust issues: amidst the cost-of-living crisis, we need to really listen to our staff to understand how we can help

  30-06-2023 02:00 via theretailbulletin.com
  
  One of the biggest takeouts from the Retail Trust’s latest report into the health and wellbeing of the retail workforce is the extent to which it... View Article
  
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• Look Fantastic launches specialist dermatological skincare hub

  30-06-2023 02:00 via theretailbulletin.com
  
  Online beauty retailer Look Fantastic is launching a new dermatological skincare hub to house all brands and products that are medical-grade and dermatologically tested and approved.... View Article
  
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• Global Fashion Group continues to transform executive team

  30-06-2023 02:00 via theretailbulletin.com
  
  Global Fashion Group is continuing to transform its executive team in preparation for the next phase of its development. On 14 August, Helen Hickman will succeed... View Article
  
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• At One Stop our female franchisees are a powerhouse: Sereena’s story

  30-06-2023 02:00 via theretailbulletin.com
  
  Over the past decade the number of women running their own convenience store has been rising, but that growth has been slow. Currently only a third... View Article
  
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• Asda launches half price café meals for adults and extends kids eat for £1 offer

  30-06-2023 02:00 via theretailbulletin.com
  
  Asda is introducing half price adult main meals in its cafés from 3pm onwards each day as it looks to help customers tackle the cost-of-living crisis.... View Article
  
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• Revolution Beauty v Boohoo: the ugly battle over the beauty brand

  30-06-2023 01:18 via retailgazette.co.uk
  
  Things are getting ugly at beauty brand Revolution Beauty as it finds itself entangled in a bitter battle with largest shareholder Boohoo.
  The past two weeks have seen tooing and froing between the two brands as Boohoo, which owns 26.6% of Revolution, seeks to oust its leadership team and install its own representatives at the helm.
  Early last week, the fashion giant made public its intention to vote against the reappointment of Boohoo’s CEO, CFO and chair as it sought to requisition a gen
  
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