As Debenhams exits the high street, many of its former stores are being converted to non-retail uses. But there appears to be an opportunity opening up for the return of smaller department store operators.
Joules Group had good news on Tuesday as it’s expecting a “positive performance” across all retail channels for the financial year that ends in a few weeks, with revenue and pre-tax profit ahead of expectations.
The American fashion company has joined forces with MLB to launch three collaborative collections featuring iconic teams including the New York Yankees, Los Angeles Dodgers, Chicago Cubs and St. Louis Cardinals.
New Look has won a crucial court fight, defeating a landlord challenge to its company voluntary arrangement with the landlords feeling they were unfairly treated by last year's CVA process for the retailer.
JD sports has been on the acquisition trail again with news that it's bought menswear retailer Oi Polloi. It's also been reported that CEO Peter Cowgill could step back from day-to-day control of JD this year.
German sportswear giant Adidas raised its 2021 sales outlook on Friday, saying it expects strong demand for new products despite ongoing lockdowns in Europe, supply chain challenges and political tensions.
UK supermarkets giant Sainsbury’s has announced that former John Lewis MD Paula Nickolds is to join the business in June as General Merchandise and Clothing Commercial Director and become a member of its operating board.
In a further sign of how important environmental, social, and governance-linked (ESG) issues are these days, lifestyle retailer Joules has announced a renewal of its funding deal with a strong ESG element included.