Speculation around Missguided’s future is building and a number of big-name retailers and private equity giants are understood to be circling the troubled firm with some expected to made bids this month.
Unbound Group, the parent of footwear retailer Hotter Shoes, has appointed buying expert Sarah Davies as chief product officer. She will oversee strategy and product development for the group’s comfort footwear brand.
ASOS faced “challenging market conditions” in the last four months of 2021 yet still managed to post revenue growth, it said on Thursday as it also announced plans to list its shares on London's Main Market.
We may be seeing something of a mini store opening boom at the moment, but huge numbers of stores belonging to failed businesses remain empty and that can be seen clearly from the large number of vacant Arcadia sites.
Stuart Rose has been appointed chairman of UK supermarket giant Asda as of next month. The UK retail veteran, who stepped down as chair of Ocado earlier this year, will lead the board’s search for a new chief executive.
Ikea has agreed to buy the iconic former flagship store of British fashion chain Topshop in London's Oxford Circus from the administrators of bankrupt owner Arcadia Group, part of its push to open inner-city outlets.
The number of fashion-focused shops on premier shopping thoroughfare Oxford Street looks like falling even further with news that IKEA is likely to take over the former Topshop flagship, in a key Oxford Circus position.