×

Miscellaneous

The latest news

Klarna Virtual Shopping launch aims to recreate in-store experience online

Klarna Virtual Shopping launch aims to recreate in-store experience online

​BNPL specialist Klarna has rolled out Virtual Shopping, “connecting online shoppers directly with experts in physical stores, through live video and messaging, to provide a highly personalised experience online”. 
Fashion
Nexite announces major funding for physical retail-boosting tech platform

Nexite announces major funding for physical retail-boosting tech platform

Tech firm Nexite has announced a new funding injection. It takes its total funding up to $100m for its breakthrough Bluetooth tag and SaaS platform that boosts physical shopping and makes it more e-tail-like.
Fashion
Bazaarvoice Shopper Experience Index shows surging importance of UGC

Bazaarvoice Shopper Experience Index shows surging importance of UGC

UGC is becoming ever more important to the shopping journey and the latest international Shopper Experience Index report shows that “purchase influence has shifted from business-to-consumer, to consumer-to-consumer”.
Fashion
Squeezed Britons tighten belts, but fashion and beauty still on shopping list

Squeezed Britons tighten belts, but fashion and beauty still on shopping list

​There was good news and bad on UK spending on Tuesday as reports showed consumers are being impacted by higher prices, but are still spending on fashion and on activities that require new clothes and beauty products.
Fashion
Steen & Strøm beats sales records after luxe Oslo store reopens

Steen & Strøm beats sales records after luxe Oslo store reopens

Steen & Strøm, the historic luxury department store in Oslo that’s also the worlds oldest, said on Monday that it made history in its March results when it exceeded its best monthly sales on record by as much as 20%.
Luxury
London Designer Outlet has good Easter, beats 2019 figures

London Designer Outlet has good Easter, beats 2019 figures

​Outlet malls are continuing to turn in strong performances and London Designer Outlet said on Monday that footfall during the Easter weekend surged by over a fifth compared to 2019.
Fashion
Capco-Shaftesbury merger talks confirmed, veteran leaders to retire

Capco-Shaftesbury merger talks confirmed, veteran leaders to retire

​Shaftesbury and Capco have confirmed long-expected merger talks with the companies saying that they're in advanced discussions, although there's still a chance a deal might not happen.
Fashion
Made.com buys Trouva, will keep it as a standalone brand

Made.com buys Trouva, will keep it as a standalone brand

​Made.com Group — the stock exchange-listed artisan interiors retailer —  announced on Monday that it’s buying Trouva “to advance the group's growth strategy”.  
Fashion
Capco and Shaftesbury in merger talks, combo would be London super-landlord

Capco and Shaftesbury in merger talks, combo would be London super-landlord

​There has been speculation for several years that West End landlords Capco and Shaftesbury could link up and now it seems that they really are in talks about a merger that would value the joint firm at around £3.5bn.
Fashion
The White Company has good year, despite pandemic challenges

The White Company has good year, despite pandemic challenges

​The White Company’s holding company has filed its results for the year to the end of last July and said that turnover rose 21% year-on-year to £273.1 million. 
Fashion
Next has good Q1, but expects slower sales for rest of year

Next has good Q1, but expects slower sales for rest of year

Many UK trading updates at the moment see retailers reporting weaker sales and reining-in expectations for the year. But Next’s update on Thursday did neither, even though sales guidance for 2022 overall is fairly muted.
Fashion
Joules CEO to exit, warns of tough trading

Joules CEO to exit, warns of tough trading

​In a surprise update on Wednesday, Joules Group said that its CEO of three years, Nick Jones, is to step down during H1 of the next financial year.
Fashion
Boohoo sales up, profit down; short-term pain offers hope of long-term gain

Boohoo sales up, profit down; short-term pain offers hope of long-term gain

​There was good news and bad in Boohoo’s final results for the year to February, but much of the bad news had been flagged in advance and the firm said the pain it's feeling now should be balanced by future growth.
Fashion
Stockmann reports improving results, Lindex has best-ever Q1 sales

Stockmann reports improving results, Lindex has best-ever Q1 sales

​Lindex owner Stockmann Group said it had “a positive first quarter with clearly improved results across both divisions”.
Fashion
Coca-Cola opens first European fashion hub store in London

Coca-Cola opens first European fashion hub store in London

​Billed as a ‘Real Magic’ retail experience, Coca-Cola has opened its first European flagship store in London where fashion and experiences will share the limelight.
Fashion
Unibail-Rodamco-Westfield continues to recover in Q1

Unibail-Rodamco-Westfield continues to recover in Q1

​Shopping malls giant Unibail-Rodamco Westfield saw turnover rising 34.2% in Q1, reflecting a “strong post-Covid-19 recovery and asset deliveries”.
Fashion