Retail news

• This old thing? How UK customers are clamouring for ‘trashed-look’ vintage clothing

  21-07-2024 16:00
  
  Store owners say marks and holes add character to pieces and make them more appealing to discerning buyersAt the 99 Vintage store in the centre of Winchester, curated rails of worn-in Dickies trousers sit alongside paint-splattered band T-shirts and a 1964 track-and-field hoodie with the left cuff ­falling off. “We call it the trashed look,” said Jack Edwards, 27, who co-owns the family business.“In the past, I would have rejected things because of a mark, but now we see th
  
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• Shein is ‘something to be terrified about,’ says former Asos CEO

  21-07-2024 12:28 via retailgazette.co.uk
  
  Former Asos CEO Nick Beighton has spoken out against Shein’s listing on the London Stock Exchange, describing elements of the retailer’s business model as “genius” but “something to be terrified about”.
  Speaking at the Source Fashion trade show in London, Beighton said: “Some of the standards of how [Shein] are producing garments, the lack of transparency, their renowned opaqueness, makes me extremely nervous.”
  The executive added: “I think t
  
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• Indonesians who paid thousands to work on UK farm sacked within weeks

  21-07-2024 11:30
  
  Exclusive: Several sent home for slow fruit picking face debts as watchdog investigates alleged illegal feesIndonesian workers who paid thousands of pounds to travel to Britain and pick fruit at a farm supplying most big supermarkets have been sent home within weeks for not picking fast enough.One of the workers said he had sold his family’s land, as well as his and his parents’ motorbikes, to cover the more than £2,000 cost of coming to Britain in May and was distressed to fin
  
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• WHSmith mulls hot food rollout under one-stop-shop strategy

  21-07-2024 11:27 via retailgazette.co.uk
  
  WHSmith is considering rolling out hot food options to its travel and hopsital stores, after launching its own-brand food-to-go range in travel stores in May.
  The move comes after the business said it had witnessed “record weeks” for food sales since introducing its Smith’s Family Kitchen range of 34 products.
  Speaking to The Grocer, the retailer’s managing director Andrew Harrison said: “We don’t have as much of a cohesive breakfast offer as we’d like,
  
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• The Body Shop’s exclusive bidder: ‘We should emerge from administration in August’

  21-07-2024 11:23 via retailgazette.co.uk
  
  The boss of The Body Shop’s prospective new buyer has revealed that the business should emerge from administration in August.
  Former Molton Brown CEO Charles Denton, who leads beauty industry tycoon Mike Jatania’s Auréa consortium, which entered an exclusivity agreement with the chain’s administrators FRP earlier this week, is understood to be planning to retain all of its existing UK stores.
  Posting on LinkedIn, Denton said: “Over the next few weeks, we’ll w
  
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• Homebase owner approached by The Range over sale of the business

  21-07-2024 10:21 via retailgazette.co.uk
  
  Homebase owner Hilco Capital has been approached by The Range over acquiring the DIY chain, as it gears up to launch a sale of the company.
  While city sources said the talks were not guaranteed to lead to a deal, analysts indicated if they did, The Range would like want the majority of the business’s circa 140 stores, Sky News reported. 
  A formal sale process involving other potential bidders is forecast to begin in the following days, one insider revealed.
  The DIY giant has stores in
  
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• Homebase owner approached by The Range as it eyes sale

  21-07-2024 10:21 via retailgazette.co.uk
  
  Homebase owner Hilco Capital has been approached by The Range over acquiring the DIY chain, as it gears up to launch a sale of the company.
  While city sources said the talks were not guaranteed to lead to a deal, analysts indicated if they did, The Range would like want the majority of the business’s circa 140 stores, Sky News reported. 
  A formal sale process involving other potential bidders is expected to begin in the following days, one insider revealed.
  The DIY giant has stores in
  
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