Retail news

• Tails.com becomes B Corp certified

  18-04-2024 12:41 via theretailbulletin.com
  
  Tails.com, the tailored dog food service, has become a certified B Corporation. Following an independent assessment by B Lab, the company achieved an overall score of... View Article
  
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• Ocado pushes female-owned brands with ‘Buy Women Built’ campaign

  06-10-2024 11:58 via retailgazette.co.uk
  
  Ocado is promoting products made by women with a ‘Buy Women Built’ online section, selling more than 1,000 products made by female entrepreneurs.
  Buy Women Built banners will launch across Ocado’s app, website and an ‘Inspire Me’ tab from tomorrow.
  Coffee Republic founder Sahar Hashemi set up campaign group Buy Women Built and convinced Ocado to launch the initiative to help boost sales at female-founded firms.
  Ocado has collated 130 female-founded brands, including
  
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• Net a Porter: MyTheresa nears deal to snap up owner YNAP

  06-10-2024 11:32 via retailgazette.co.uk
  
  Net a Porter owner YNAP is set to be snapped up by German ecommerce platform MyTheresa, according to reports.
  MyTheresa is reported to the only remaining bidder in the running to buy YNAP – which includes Yoox, Net a Porter and Mr Porter – after private equity firms Bain Capital and Permira are understood to have pulled out of the race to buy the luxury fashion platform from Swiss group Richemont, according to The Fashion Law (TFL).
  Mike Ashley’s Frasers Group was also understo
  
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• Aussie classics Vegemite and Tim Tams cheaper in UK supermarkets than Australia

  05-10-2024 21:00
  
  Vegemite sells for 30 cents more per 100g in Australia, a salty byproduct of lower supermarket competition sure to leave a bad tasteFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastShoppers in the UK are paying less for Australian brands including Vegemite and Tim Tams than customers in Australia, despite the classic products being made in Australia.A comparison of seven Australian products stocked in UK supermarkets shows they are
  
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• Superdry boss: ‘Shein should pay tax in a fair way or there will be UK bankruptcies’

  05-10-2024 12:00
  
  Julian Dunkerton on how Brexit was an ‘economic disaster’ and why the brand is focusing on ‘preppy classics’Julian Dunkerton is striding around Superdry’s barn-like showroom, yanking garments off rails, stroking fabrics and talking up the brand he believes he can bring back from the brink.Aged 59, Dunkerton could be forgiven for retreating to focus on the rest of his empire, which extends from the family cider business to property and hospitality assets including th
  
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• Dr Martens puts 150 head office roles at risk under cost saving plan

  04-10-2024 18:24 via retailgazette.co.uk
  
  Dr Martens has placed 150 jobs at risk of redundancy across its UK and US head offices as it looks to cut costs across the business.
  The shoe retailer has launched a consultation process for affected staff members at its headquarters in Camden, London and Portland, Oregon, Drapers reported.
  The jobs cuts span across the retailer’s marketing, design, tech, ecommerce and recruitment departments and form part of its £20-25m cost-saving plan that was unveiled in May after the brand repor
  
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• Myprotein launches in Holland & Barrett stores and online

  04-10-2024 17:25 via retailgazette.co.uk
  
  Myprotein has struck a new retail partnership with Holland & Barrett as part of its efforts to target a wider range of shoppers.
  The sports nutrition brand, which is owned by THG Nutrition, has launched 30 new lines in the high street retailer’s stores and on its website, including five exclusive items in its Origins collection, Retail Week reported.
  The collection features protein blends, creatine, clear whey isolate, pre-workout, collagen powder and its newly launched Myprotein snack
  
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• Mulberry’s biggest shareholder charged in Singapore over gifts

  04-10-2024 16:53 via retailgazette.co.uk
  
  Mulberry’s biggest shareholder has been charged in Singapore over the case of a former cabinet minister who was sentenced to jail for taking gifts from him.
  Ong Beng Seng, who holds a controlling stake in the luxury brand, did not enter a plea in response to the charges of abetment and obstruction of justice.
  A spokeswoman for Ong told The Times: “Mr Ong is seeking legal advice on the charges. As this is an ongoing matter, he is unable to provide further details at this point.”
  
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• Losing its sparkle? The Christmas glitter backlash

  04-10-2024 16:35
  John Lewis launches glitter-free range amid rising concerns over its impact on the environmentThe cute tin elephant and ruby teardrop bauble will appeal to magpies sizing up the latest Christmas decor trends, but if your go-to festive look is bling then you may notice something is missing: glitter.That is the point, of course. The decorations belong to the first “glitter-free” theme in the John Lewis Christmas shop. The department store is latching on to a trend that was turbocharged
  
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• Ex-Harrods director claims Fenwick stopped him from taking CEO role

  04-10-2024 16:14 via retailgazette.co.uk
  
  Former Harrods executive Nigel Blow has claimed Fenwick blocked him from joining the business as its new chief executive two weeks before he was due to start.
  It follows reports this week that Blow had chosen to pull out of becoming the department store chain’s new boss following multiple sexual assault and rape allegations made against Harrods’ previous owner Mohamed Al Fayed.
  Blow told Drapers: “In response to the press articles published about me, initially by the
  
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• AllSaints unveils unlimited UK rental service

  04-10-2024 11:46 via retailgazette.co.uk
  
  AllSaints has launched a new UK rental service under its “continued commitment to responsibility”.
  The fashion retailer’s new offer will allow customers an unlimited subscription for its men and womens’ clothing.
  Shoppers will be given two items in their first box, and will then have the option to make multiple box exchanges with free shipping for a fee of £79 per month.
  The service offers unlimited returns where members can return one or two garments at a time, whi
  
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• AllSaints unveils new unlimited rental service for UK shoppers

  04-10-2024 11:46 via retailgazette.co.uk
  
  AllSaints has launched a new UK rental service under its “continued commitment to responsibility”.
  The fashion retailer’s new offer will allow customers an unlimited subscription for its men and womens’ clothing.
  Shoppers will be given two items in their first box, and will then have the option to make multiple box exchanges with free shipping for a fee of £79 per month.
  The service offers unlimited returns where members can return one or two garments at a time, whi
  
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• Watches of Switzerland snaps up luxury watch enthusiast platform Hodinkee

  04-10-2024 10:06 via retailgazette.co.uk
  
  Watches of Switzerland has acquired global digital content platform Hodinkee as part of its strategy to be “at the forefront of the luxury industry”.
  The luxury watch specialist said it expects the deal to enhance “its capability to capture market share, particularly in the fast growing US market”.
  Hodinkee, founded in 2008, has become a global destination for luxury watch enthusiasts offer digital print and video content. It attracts 22.2 million annual unique visitors a
  
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• [eBook] Mastering Black Friday & Cyber Monday 2024

  04-10-2024 09:56 via theretailbulletin.com
  
  Storyly’s latest eBook offers expert insights and strategies for eCommerce success this BFCM season. Storyly has released its latest eBook, Mastering Black Friday & Cyber Monday... View Article
  
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• H&M launches new baby and kidswear label

  04-10-2024 09:30 via theretailbulletin.com
  
  H&M has launched a new premium baby and kidswear label called H&M Adorables. Designed with longevity in mind, the range spans newborn essentials and gifts, babywear... View Article
  
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• Grab and go: 5 retailers making surprising investments in food-to-go

  04-10-2024 09:28 via retailgazette.co.uk
  
  While the food-to-go market has traditionally been limited to sandwich chains and supermarkets, unsuspecting retailers have also sought a piece of the pie that’s estimated by IGD to be worth £23.4bn by 2027.
  Retail Gazette rounds up the top retailers investing in food-to-go.
  Fortnum & Mason
  Fortnum & Mason became the latest retailer to tap into the growing food-to-go market as it launched its first café counter in August.
  The luxury department store introduced the coun
  
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• Virgin Wines announces strategic partnership with Ocado

  04-10-2024 09:12 via theretailbulletin.com
  
  Online retailer Virgin Wines has agreed a strategic partnership with online supermarket Ocado. The move means that Ocado customers will have access to an exclusive selection... View Article
  
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• Virgin Wines launches tie-up with Ocado

  04-10-2024 09:03 via retailgazette.co.uk
  
  Virgin Wines has launched a strategic partnership with online grocer Ocado.
  The tie-up, which started this month, gives Ocado customers access to an “exclusive collection” of 50 wines from the Virgin Wines portfolio.
  According to the online alcohol specialist, the collaboration marks the first time the wines will be available to buy as individual bottles, having previously only been accessible to Virgin Wines customers and as part of multi-bottle cases. Related StoryOcado sales surge
  
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• Virgin Wines launches strategic partnership with Ocado

  04-10-2024 09:03 via retailgazette.co.uk
  
  Virgin Wines has launched a strategic partnership with online grocer Ocado.
  The tie-up, which started this month, gives Ocado customers access to an “exclusive collection” of 50 wines from the Virgin Wines portfolio.
  According to the online alcohol specialist, the collaboration marks the first time the wines will be available to buy as individual bottles, having previously only been accessible to Virgin Wines customers and as part of multi-bottle cases. Related StoryOcado sales surge
  
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• Shein gears up for investor meetings ahead of London IPO

  04-10-2024 08:54 via retailgazette.co.uk
  
  Shein is preparing to start early, informal investor meetings in the coming weeks for its planned London initial public offering (IPO), as the fast fashion giant steams ahead with preparations as it awaits UK regulatory approval.
  The Chinese online retailer is set to hold informal roadshows primarily in Europe, according to a source familiar with the matter who spoke to Reuters. During these events, it will address questions from major investors and gauge their interest in investing.
  Shein aims
  
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• Watches of Switzerland acquires Hodinkee digital content provider

  04-10-2024 08:50 via theretailbulletin.com
  
  Watches of Switzerland Group has acquired Hodinkee, the US digital editorial content provider for luxury watch enthusiasts. The group said the move will grow its sector... View Article
  
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• Amazon risks lawsuit from sellers over frozen funds

  04-10-2024 08:38 via retailgazette.co.uk
  
  Amazon could soon face legal action from “hundreds” of sellers on its platform following its decision earlier this year to freeze their funds until they could prove their VAT status.
  A case is being prepared for those still unable to access their sales revenue, many of whom are facing bankruptcy and experiencing “immense stress” and “suicidal thoughts,” according to the law firm leading the legal challenge.
  According to The Grocer, law firm Rosenblatt said the
  
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• Frasers Group increases Mulberry stake days after takeover bid rejection

  04-10-2024 08:27 via retailgazette.co.uk
  
  Frasers Group has acquired more shares in Mulberry just days after the Mike Ashley-controlled group proposed a takeover bid for business.
  The luxury fashion retailer said Frasers subscribed for 4.0 million shares at the 100 pence fundraising price, through clawback provisions available to major shareholders.
  Before the fundraising, the Sports Direct owner held 22.1 million shares in Mulberry, representing just under a 37% stake. This latest deal increases the group’s holding to over 37%.
  
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• Frasers Group increases Mulberry stake days after takeover bid rejected

  04-10-2024 08:27 via retailgazette.co.uk
  
  Frasers Group has acquired more shares in Mulberry just days after the Mike Ashley-controlled group had its takeover bid rejected by the firm.
  The luxury fashion retailer said Frasers subscribed for 4.0 million shares at the 100p per share fundraising price, through clawback provisions available to major shareholders.
  Before the fundraising, the Sports Direct owner held 22.1 million shares in Mulberry, representing just under a 37% stake. This latest deal increases the group’s holding to
  
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• One Stop to transform offering with Tesco Core Own Brand range

  04-10-2024 08:24 via theretailbulletin.com
  
  One Stop, a subsidiary of Tesco, is to phase out its current ‘Own Label’ products and replace them with Tesco’s ‘Core Own Brand’ range across its... View Article
  
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• Jigsaw partners with Art for Cure for Breast Cancer Awareness Month

  04-10-2024 08:24 via theretailbulletin.com
  
  Jigsaw is teaming up with Art for Cure, a  national breast cancer charity, to support October Breast Cancer Awareness. The fashion retailer has launched a month long... View Article
  
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• Data: Retail footfall rises for first time in over a year

  04-10-2024 01:01 via retailgazette.co.uk
  
  Retail footfall rose for the first time in over a year last month as consumers flocked to the shops during the back to school rush.
  Total UK shopper visitors rose 3.3% last month, up from a decline of 0.4% in August, the British Retail Consortium (BRC) reported.
  Retail parks enjoyed the biggest boost, with footfall up 7.3% in September, up from a 2.6% rise the month before.
  Shopping centre visitor numbers increased 2.3%, up from a 1.8% dip in August, while high street numbers edged up 0.9% last
  
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• Tesco is unbeatable when it concentrates on the day job | Nils Pratley

  03-10-2024 19:29
  Having exited most of its overseas adventures the retailer is an advertisement for the virtues of sticking to the knittingIt is 17 years since the management of Tesco suffered a severe case of hubris and thought they could conquer the US. A supposedly small experiment with a format called Fresh & Easy ended in an embarrassing retreat and a near-£2bn write-off. And it is 10 years since the great accounting scandal and the bullying of suppliers, a crisis era mixed up with wacky diversion
  
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• The price of private equity may be too high for Asda

  03-10-2024 13:54
  
  TDR Capital’s majority ownership of the struggling UK supermarket chain is a test for the industry
  
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• ‘Because secondhand is feckin’ grand’: how clothes swapping became huge in Ireland

  03-10-2024 13:46
  
  After seeing the consequences of fast fashion, one woman is on a mission to change the way we think about repurposing clothesMary Fleming was on holiday in Kenya when she saw it: a mound of secondhand clothes heaped by a river, the pile so vast and unruly it was spilling into the water.The sight shocked her. At home in Ireland she was a passionate shopper and bought a new outfit almost every weekend. Now in east Africa she was seeing the consequence of fast fashion and mass consumption. Continue
  
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