Retail news

• Promise of ‘glass skin’ drives surge in sales of K-beauty products in UK

  27-09-2024 19:41
  
  South Korean skincare brands expected to follow country’s music, film and TV exports in becoming blockbustersWe’ve had South Korean pop, film, fashion and food, and now the latest trend is K-beauty, with sales of Korean skincare brands taking off in the UK as consumers are seduced by products that promise to conjure a radiant complexion.Britons are cutting back in other areas, but they are still chasing what the beauty industry describes as the “glass skin” look, with ret
  
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• ScS leadership team sees mass resignations under new owner

  27-09-2024 15:51 via retailgazette.co.uk
  
  Several senior executives at ScS have resigned as the transformation under new Italian owner Poltronesofà accelerates.
  Several sources familiar with the upcoming departures informed The Furnishing Report that stakeholders were notified that key board members have collectively submitted their resignations.
  In addition to Renzo Ricci, the owner of Poltronesofà, who will remain in his position, the current trading company board includes commercial director James Heese, along with Mari
  
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• Fenwick bolsters leadership team as losses widen in ‘challenging year’

  27-09-2024 14:24 via retailgazette.co.uk
  
  Fenwick has brought two new senior executives to its team as it eyes “an exciting new period of growth” despite sales falling and losses widening.
  The department store has named Susan Gordon as its new chief people officer alongside Joseph Wright as its new chief trading officer, Retail Week reports.
  The appointments, alongside new CEO Nigel Blow who was hired earlier this year, are expected to “strengthen the Fenwick executive structure” as well as boost its commercial
  
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• Fenwick bolsters leadership team amid ‘challenging’ enviroment

  27-09-2024 14:24 via retailgazette.co.uk
  
  Fenwick has brought two new senior executives to its team as it eyes “an exciting new period of growth” despite sales falling and losses widening.
  The department store has named Susan Gordon as its new chief people officer alongside Joseph Wright as its new chief trading officer, Retail Week reports.
  The appointments, alongside new CEO Nigel Blow who was hired earlier this year, are expected to “strengthen the Fenwick executive structure” as well as boost its commercial
  
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• UK supermarkets failing to tackle antibiotic misuse, new report finds

  27-09-2024 13:58 via retailgazette.co.uk
  
  UK supermarkets are not doing enough to ensure its suppliers use antibiotics in the most responsible way, a new report has revealed.
  New regulations were rolled out in the UK this year to limit the use of antibiotics in farming, with British farmers no longer covered by EU rules.
  The law states that antibiotics should not be used to compensate for inadequate animal husbandry or poor hygiene.
  Despite this, new research by the Alliance to Save Our Antibiotics (ASOA), looking at the practices of th
  
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• Aldi converts 30% of HGV fleet to eco-friendly fuel

  27-09-2024 12:12 via retailgazette.co.uk
  
  Aldi is converting over 30% of its fleet of owned HGVs to hydrotreated vegetable oil (HVO) fuels in a bid to cut its carbon footprint.
  The move will cover more than 160 HGVs based at the German discounter’s Cardiff, Swindon and Neston distribution centres, and is expected to cut Aldi’s carbon emissions by approximately 15,400 tonnes of CO2e per year.
  If introduced across Aldi’s entire fleet of over 550 HGVs, the change could reduce an additional 55,100 tonnes of CO2e per y
  
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• LVMH backs Moncler chief to increase his stake in luxury jacket maker

  27-09-2024 12:10 via ft.com
  Deal allows Remo Ruffini to increase his shareholding in Italian company
  
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• UK supermarkets not doing enough to tackle antibiotic misuse, report says

  27-09-2024 12:00
  Findings come amid growing concerns about overuse of medicines in farm animals and rise of superbugsNone of the UK’s large supermarket chains are ensuring their suppliers use antibiotics in the most responsible way, an assessment by campaigners has found, despite heightened concerns about their overuse in farm animals.Supermarkets play an important role in the fight against superbugs, because most of the world’s antibiotics are used on livestock and retailers can enforce strict stand
  
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• eBay UK launches luxury consignment service with Luxe Collective

  27-09-2024 10:46 via retailgazette.co.uk
  
  eBay UK has launched its new consignment service for luxury items, giving users direct access to expert sellers who will list and sell their items on their behalf.
  The online giant has partnered with experienced luxury seller, Luxe Collective to power the service, known for selling coveted pre-owned luxury goods, eBay said the business brings “unrivalled expertise to the consignment service”.
  Launching initially for designer handbags, consumers can list and sell their new and pre-own
  
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• Jigsaw expands Irish presence with Brown Thomas tie-up

  27-09-2024 10:18 via retailgazette.co.uk
  
  Jigsaw has partnered with department store chain Brown Thomas, in a bid to increase its presence within the Irish market.
  The fashion retailer is now available to shop within the Limerick and Blanchardstown concessions, as well as online on the Brown Thomas website.
  Jigsaw head of retail Vikky Baker said: “As a renowned name known for delivering quality and premium experiences on the high street, Brown Thomas shares our commitment to excellence and aligns perfectly with Jigsaw’s uniq
  
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• Tesco widens retail media tie-up to use shopper data

  27-09-2024 09:19 via retailgazette.co.uk
  
  Tesco has widened its retail media partnership with The Trade Desk to provide brands access to its Clubcard data.
  The expansion of the Tesco Media and Insight platform, powered by Dunnhumby, is designed to give retailers and advertisers maximum ad campaign control and optimisation, giving them direct access to to anonymised audience segments.
  Brands will be able to use the grocer’s first-party Clubcard data instead of relying on third-party cookies to plan targetted campaigns, prompted by
  
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• Amazon UK paid corporation tax for first time in four years

  27-09-2024 09:15 via retailgazette.co.uk
  
  Amazon’s UK arm has paid corporation tax for the first time in four years, after the end of a “super-deduction” tax break brought in by Rishi Sunak.
  The delivery giant’s UK Services paid £18.7m in “current tax” last year on its £27bn of sales, which is believed to have been largely corporation tax.
  Amazon paid £932m in “direct taxes” on its sales, including corporate tax and business rates, amounting to roughly 3.45% of its revenu
  
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• Tesco gears up to relaunch F&F clothing online

  27-09-2024 08:57 via retailgazette.co.uk
  
  Tesco is gearing up to relaunch its online F&F clothing range during the coming months, after axing its non-food website Tesco Direct in 2018.
  The grocer’s fashion offering, which is set to be launched later this year, will sit alongside its new marketplace, Drapers reported.
  It is thought that Tesco head of Woosh, Greg Bertrand, was hired as head of online for F&F earlier in the year and has been in charge of the fashion relaunch.
  The new online clothes range marks the first time
  
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• Bravissimo acquired by Wacoal Europe

  27-09-2024 08:45 via theretailbulletin.com
  
  Bravissimo has been acquired by the Wacoal Europe lingerie and swimwear manufacturer. Wacoal owns the Wacoal, Freya, Fantasie, Elomi and Goddess brands, most of which Bravissimo... View Article
  
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• Celebrating the People in Retail Awards 2024: A night of inspiration, recognition & achievement

  27-09-2024 08:12 via theretailbulletin.com
  
  Last night, the People in Retail Awards 2024 brought together over 400 professionals from across the retail industry for an unforgettable celebration of excellence, dedication, and... View Article
  
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