Retail news

• Kering sales slump casts doubt over Gucci reboot

  24-10-2023 20:45
  French group says margins will remain under pressure as it spends to revive brands
  
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• ‘Organised gangs’ are shoplifting to order in UK, John Lewis boss says

  24-10-2023 18:12
  
  Groups of thieves are targeting high-value items such as bottles of gin, warns the retail group chair Sharon WhiteJohn Lewis chair Sharon White has raised fears for the safety of its store workers amid a rise of “organised gangs” of shoplifters who are targeting high-value items such as bottles of gin.White, the head of the department store group which also owns Waitrose supermarkets, said it was “not an exaggeration” to describe the change as an epidemic: “It feels
  
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• M&S adds lingerie retailer Pour Moi to its ‘Brands at M&S’ platform

  24-10-2023 15:59 via retailgazette.co.uk
  
  Pour Moi will be launching an edited lingerie range on Marks & Spencer’s ‘Brands at M&S’ online platform this week.
  Joining the likes of Mamas & Papas, Superdry, Crew Clothing and more, by early next year, the lingerie and swimwear retailerwill also launch additional lingerie lines followed by bestselling swimwear and beachwear ranges.
  Founder and chief executive Michael Thompson said: “I am beyond thrilled to be bringing Pour Moi’s premium lingerie
  
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• More Britons to party at home this Christmas amid rising costs, says Tesco

  24-10-2023 14:46
  
  Separate research suggests visits to hospitality venues such as pubs and restaurants will fall by 4.5%Britons are planning to party at home and save on trips out this Christmas as the cost of living crisis continues to put a dampener on celebrations.A third of 25- to 34-year-olds are planning to host parties in their living rooms this festive season, a 10% increase on last year, as 38% of all Britons say they are planning to go out less in the next few months, according to a nationwide report by
  
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• Discover how to implement a successful fulfilment strategy for marketplaces!

  24-10-2023 14:38 via retailgazette.co.uk
  
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• Italian furniture group to buy UK sofa retailer ScS in £100mn deal

  24-10-2023 12:42
  Acquisition sends shares in chain soaring as Poltronesofà continues its ‘pan-European expansion’
  
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• Data: Christmas spending to hit £84.9bn driven by high inflation

  24-10-2023 10:31 via retailgazette.co.uk
  
  Spending is set to hit £84.9bn over the six weeks leading up to Christmas, as high inflation rates give retail sales a boost.
  VoucherCodes.co.uk’s Shopping for Christmas Report 2023 revealed a 3.3% rise in retail spending this Christmas, with sales increasing £2.7bn from the £82.2bn spent in 2022.
  But although sales figures are set to rise, sales volume is forecast to decline by 4.1% indicating that inflation is the primary driver behind spend, rather than consumers
  
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• ScS to be bought by Italian firm Poltronesofà in £99.4m takeover deal

  24-10-2023 10:08 via retailgazette.co.uk
  
  ScS has agreed to be bought by Italian furniture retailer Poltronesofà in a £99.4m deal.
  The British furniture and floorings retailer said the acquisition is subject to shareholder and regulatory approval among other conditions, and is expected to be completed in the first quarter of 2024.
  ScS said management intends to unanimously recommend shareholders vote in favour of the takeover while both retailers said the acquisition follows the decision of Poltronesofa to continue its
  
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• Decathlon launches buyback service across stores nationwide

  24-10-2023 09:36 via retailgazette.co.uk
  
  Decathlon has rolled out its buyback service to all its UK stores as part of its sustainability efforts.
  The sports retailer is offering customers store credit when they return products they no longer want or need to one of its shops.
  The retailer will then refurbish and resell the old products as part of its second-life scheme that sells refurbished sports equipment.
  The first part of the initiative will focus on the retailer’s own-brand bicycles, before expanding to include all product c
  
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• Sephora reveals opening date for second UK store

  24-10-2023 09:14 via retailgazette.co.uk
  
  Sephora has confirmed that its second physical store in the UK will open on November 15 in London’s Westfield Stratford City.
  The new outlet will stock products and personal services from over 125 brands across fragrance, haircare, makeup, skincare and wellness.
  This includes several new and exclusive brands, including Adwoa Beauty, Relevant, STRAAND, Salt & Stone and Naked Sundays, on top of the beauty brand’s existing portfolio.
  The new location will feature a ‘Grand Beau
  
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• Hamleys’ Christmas grotto returns to The Ritz Hotel

  24-10-2023 08:46 via retailgazette.co.uk
  
  Hamleys will re-open its Christmas Grotto at the iconic luxury hotel The Ritz London this December.
  Following the success of its first year, the toy retailer has extended its stay with the magical experience running from Wednesday 6 to Sunday 10 December.
  The exclusive festive experience themed ‘A Journey Through Christmas’ will take place over two thematic rooms where children can take part in Elf-themed fun and games before their meeting with Father Christmas.Subscribe to Retail Ga
  
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• Hermès sales growth slows in third quarter

  24-10-2023 08:42
  French group’s slowdown in line with broader trend across luxury industry
  
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• Zara to upsize at Atria Watford

  24-10-2023 02:00 via theretailbulletin.com
  
  Fashion retailer Zara is to move to a new larger store within Atria Watford early next year. Spanning 43,000 square feet across two floors, the new... View Article
  
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• Rituals opens first store in Watford

  24-10-2023 02:00 via theretailbulletin.com
  
  Rituals has opened its first store in Watford at the Atria Watford Shopping Centre. To celebrate the opening, the beauty and wellbeing brand is offering customers... View Article
  
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• Global womenswear retailer Pour Moi to launch on ‘Brands at M&S’ platform

  24-10-2023 02:00 via theretailbulletin.com
  
  Global size inclusive lingerie and swimwear retailer Pour Moi will be launching an edited lingerie range on M&S’ ‘Brands at M&S’ online platform tomorrow, Wednesday 25th October. Since... View Article
  
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• De Beers Brands to welcome new chief executive

  24-10-2023 02:00 via theretailbulletin.com
  
  De Beers Group has hired Sandrine Conseiller as the chief executive of De Beers Brands. In her new position, she will oversee the development of De... View Article
  
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• Body Proud: “Don’t Fall for the Smooth Talk” campaign for Gen Z’s safety in cuffing season

  24-10-2023 02:00 via theretailbulletin.com
  
  Body Proud, in collaboration with The Cyber Helpline, has proudly launched the Don’t Fall for the Smooth Talk  campaign, marking Cyber Security awareness month. This campaign... View Article
  
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• Blake Mill launches ‘Mind over matter’ collection to raise funds for Mind

  24-10-2023 02:00 via theretailbulletin.com
  
  Blake Mill, the fashion brand famed for its bold and imaginative shirt designs, has released a new collection dubbed ‘Mind Over Matter’. The print designs are... View Article
  
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• Asda appoints new vice president of marketing

  24-10-2023 02:00 via theretailbulletin.com
  
  Asda has appointed Adam Zavalis as vice president of marketing. Due to take up his new role next month, he will report to Asda’s chief customer... View Article
  
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• Angling Direct posts “robust” half year sales growth

  24-10-2023 02:00 via theretailbulletin.com
  
  Angling Direct Group has increased its half-year sales and profit despite “significant challenges”. The fishing tackle retailer attributed the uplifts to the resilience of its business... View Article
  
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