Boohoo has been dealt a fresh blow after a £60m sale of its London head office fell through.
According to The Telegraph, an Israeli investor is understood to have pulled out of talks to acquire the fashion retailer’s Soho office following concerns raised by a survey.
Boohoo bosses put the 43,963sq ft six-storey building at 10 Great Pulteney Street up for sale in August in a bid to meet a £47m debt repayment due in August next year. Related StoryBoohoo Group eyes sale of London
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Boohoo’s £60m head office sale falls through
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Tesco’s latest campaign urges shoppers to use Clubcard rewards
Tesco has unveiled a new campaign, encouraging consumers to take advantage of their Clubcard rewards.
Devised by creative agency BBH London, the campaign aims to encourage shoppers to see their weekly shop as “the gateway to getting away”.
This comes as the supermarket found that half a million of its Clubcard members have at least £100 to use with its reward partners.
Part of its ‘Need anything from Tesco?’ brand platform, the campaign is centred around three films -
Boden unveils Nashville launch and Alabama plans
Boden is continuing its investment in the United States with the launch of its newest store in Nashville, Tennessee, and the announcement of a third standalone location set to open this autumn in Birmingham, Alabama.
The expansion marks “a significant milestone” in the fashion brand’s growing US retail presence, building on its first American store launch in Atlanta, Georgia, last year.
The new shop has opened at Hill Center Green Hills in Nashville. The 1,700-square-foot space -
Tesco set to relaunch F&F website this autumn, reports suggest
As Tesco continues to invest in its fashion proposition, reports suggest it will relaunch the F&F clothing website this autumn.
The move comes just over a year after Tesco brought F&F back online following a seven-year absence. The supermarket is now planning a new-look website designed to offer customers a more modern and intuitive shopping experience.
Retail Week reported that the new F&F website will provide an “inspiring” way for customers to shop the supermarket&rsqu -
Next unveils major investment at Cribbs Mall store
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The fashion giant will upsize its clothing store to a larger 47,000 sq ft space at the shopping centre, allowing it to showcase more of its fashion and accessories offering.
The retailer has also confirmed that it will be bringing its Bath and Body Works concept to the South West, with Cribbs Mall housing its first standalone store in the region after agree -
Stripe and Stare’s new campaign is a love letter to modern women
Lingerie brand Stripe and Stare have unveiled a new television campaign that is a “love letter to modern life and the women living it”.
Titled ‘For all of You’, the marketing drive aims to celebrate women who are juggling friendships, children and careers.
It centres on the belief that comfort should be the bare minimum and is inspired by everyday moments, such as forgetting a child’s PE kit or work calls taken in the car. Related StoryStripe and Stare’s new c -
John Lewis brings Christmas forward as advent calendar waitlist opens amid heatwave
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The retailer has opened access to its beauty advent calendar pre-order waitlist, leaning into a growing trend that sees festive retail activity begin earlier each year.
While the timing may feel counterintuitive, in the middle of the fifth widespread heatwave of the year, it reflects the scale of demand for pre -
Mountain Warehouse names Marcus Ward as new CEO as founder steps down
Mountain Warehouse’s founder is stepping down as chief executive after almost 30 years and will be succeeded by chief financial and operating officer Marcus Ward. Mark… -
Retail sales rise by modest 1.3% in July as World Cup boosts food sales
UK retail sales rose in July after food sales received a boost during the final week of the World Cup. According to the latest BRC-KPMG Retail… -
Ocado launches first automated fulfilment centre in South Korea with Lotte
Ocado has launched its first automated customer fulfilment centre (CFC) in South Korea with Lotte Shopping. Situated in Busan, the facility will serve a catchment of… -
Boden opens second US store in Nashville and plans third in Birmingham
Boden has opened a second US store in Nashville, Tennessee, as it continues its US expansion. It has also announced that it will be launching a… -
Skin Cupid to launch K-beauty UK pop-up tour this summer
K-beauty retailer Skin Cupid is to launch a Summer Roadshow of pop-up events across four UK cities. Running from 28 August to 20 September, the tour will stop… -
Shein IPO valuation could fall below $30bn as investor appetite cools
Shein could be forced to accept a valuation below $30bn (£22.4bn) for its long-awaited stock market debut as investors push back on the fast fashion giant’s proposed price tag.
The retailer’s upcoming Hong Kong IPO is being pitched to prospective investors at a valuation in the mid-to-high $20bn range, according to the Financial Times.
The figure would represent another significant downgrade for Shein, which was valued at $98.2bn during a funding round in 2022 and had been tar -
Co-op chair Debbie White steps down as Moni Mannings takes interim role
Co-op Group chair Debbie White is stepping down from the board, with senior independent director Moni Mannings OBE appointed interim chair as the retailer continues its search for a permanent group chief executive.
White joined the Co-op Group board in 2023 and became chair in 2024, overseeing the business through a period of significant disruption, including last year’s cyber-attack.
She said the group was now in a stronger position and that the timing was right to leave as she approached -
Retailers warned to fast-track subscription changes after new January deadline
Retailers have been warned they may need to accelerate preparations for the government’s incoming subscription rules, after the implementation date was brought forward to January 2027.
The warning comes a day after plans for the new subscription protections were confirmed, with businesses now facing a shorter window than many had expected to overhaul recurring payment models, customer communications and sign-up processes.
Mills & Reeve partner and consumer law expert Katrina Anderson s -
Beyoncé takes full control of SirDavis whisky as LVMH sells stake
Beyoncé has taken full control of her SirDavis whisky brand after luxury giant LVMH sold its stake in the business.
The French luxury conglomerate confirmed it had offloaded its holding in the drinks brand to the singer, although financial details of the transaction were not disclosed.
Beyoncé and LVMH launched SirDavis as a joint venture in 2024, marking the latest celebrity tie-up for the luxury group as it looked to tap into the growing crossover between entertainment, fashion a -
GameStop considers pulling £41.7bn eBay takeover bid
GameStop is reportedly considering abandoning its £41.7bn takeover bid for eBay, in favour of a partnership with the online marketplace.
Chief executive Ryan Cohen is weighing a deal that could allow eBay to make use of GameStop’s roughly 1,600 US stores as the two businesses look to grow their presence in higher-margin categories including trading cards and collectibles, Bloomberg reported.
Under the potential partnership, the video game retailer would also seek seats on eBay’ -
Staycations and World Cup boost consumer spending in July
UK consumer spending strengthened in July as staycations, warmer weather and England’s World Cup run helped drive growth across retail, according to new Barclays data.
Card spending rose two per cent year on year during the month, edging up from the 1.9 per cent increase recorded in June, although growth remained below the latest CPIH inflation rate of 2.8 per cent.
Essential spending increased 2.9 per cent, while discretionary spending climbed 1.6 per cent as shoppers reported growing con -
Burnham to crack down on vape and betting shops in bid to boost high streets
via ft.comCouncils will be given extra powers to curb unwanted retailers and ‘bring town centres back to life’ -
Serve First’s Justis Saayman on AI and smarter retail operations
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Joe Ulloa breaks down why its Back to School campaign is so important to Clarks
British footwear retailer Clarks unveiled their Back to School summer campaign last week, aimed at capturing the excitement of returning back to school.
Titled ‘Jump into Clarks’, the marketing drive highlighted the brands promotional offers for the Back to School season.
Joe Ulloa, Clarks’ UK and EU president explains that the Back to School season is one of the most important trading periods of the year for the retailer.
He says: “It’s a season with huge heritage -
Shein IPO pitched to investors at sub-$30bn valuation
via ft.comFast-fashion retailer has suffered a roughly 70% drop in valuation over past four years -
poppi’s marketing director on turning Love Island buzz into UK growth
poppi is betting on bold branding, a tightly defined Gen Z consumer and culture-led partnerships to stand out in a fiercely competitive category. UK marketing director Stephanie Herbert explains why Love Island is central to that strategy…
Breaking into soft drinks means taking on some of the biggest brands in grocery. But how do you take on some of the most successful brands of all time? poppi’s answer isn’t to try and go head-to-head, but to behave differently.
The brand&rsq -
Disney launches Toy Story 5 themed play experience
Disney UK and Westfield Rise, Unibail-Rodamco-Westfield’s (URW) in-house media agency, have unveiled a new ‘Toy Story 5’ themed immersive family experience.
Titled ‘Bonnie’s Playtime’, the experience will run at Westfield Stratford until August 31. The experience was also available at Westfield London until 9 August.
Alongside the activation, the firm produced a multi-channel marketing drive which combined digital-out-of-home, social, CRM, experiential -
Asda helps to redistribute over one million children’s books
Asda and The Children’s Book Project have celebrated reaching the milestone of one million pre-loved children’s books donated and redistributed.
For more than 18 months, customers have been invited to donate pre-loved children’s books at dedicated collection points in more than 300 Asda stores nationwide. The books are then sorted, redistributed and gifted to schools, children’s centres, food banks and community organisations, helping children build libraries of their own -
Co-op chair Debbie White steps down with Moni Mannings becoming interim chair
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Peter Ruis to step down as John Lewis MD and be succeeded by Will Kernan
The John Lewis Partnership has announced that Peter Ruis has decided to step down from his role as managing director of John Lewis to pursue new… -
Peter Ruis to step down as John Lewis managing director
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Harry Blamire on retail leadership, AI and delivering an exceptional customer experience
Customer experience has shaped Harry Blamire’s career, from the shop floor to senior leadership. In this latest TRB interview, Harry talks about retail leadership, why retailers… -
John Lewis boss Peter Ruis steps down amid ‘really tough’ trading
via ft.comDepartment store’s managing director leaves less than three years after taking up position
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