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AO growth hit by driver shortage About 3 years ago

AO World saw its like-for-like sales increase by around 5% year-on-year in the six months to 30 September against strong comparatives during the first Covid-19 lockdown. In the UK, revenues climbed by around 6% despite growth being impacted by the nationwide shortage of delivery drivers and disruption to global supply chain. Meanwhile,...

Jigsaw appoints chief executive About 3 years ago

Jigsaw has appointed former Coast and Karen Millen head Beth Butterwick as its new chief executive. According to Drapers, a Jigsaw spokesperson confirmed she had taken up the role in May this year after initially acting as a consulting operating partner. Butterwick left Coast and Karen Millen in 2019 following their acquisition...

Nespresso unveils new concept store About 3 years ago

Nespresso has unveiled a new experiential concept store at the Bluewater shopping centre in Kent. The move is part of the coffee company’s vision to offer immersive, localised and personalised experiences to customers to engage them with the Nespresso brand. New innovations within the store include an interactive ‘Taste & Discover’ area...

Sainsbury’s to launch Habitat Kids About 3 years ago

Sainsbury’s is looking to take a chunk of the children’s furniture market with the launch of Habitat Kids. Due to land in stores and online throughout the next few weeks, the range will include hand-drawn alphabet wall art, rainbow rugs, tropical leaf garlands and ‘hide and seek’ bed canopies, all of...

Sephora completes acquisition of Feelunique About 3 years ago

Sephora has completed its acquisition of cosmetics etailer Feelunique from private equity firm Palamon Capital Partners. The deal reportedly values the UK company at 132 million pounds, though LVMH wouldn’t confirm the price of the acquisition. Sephora president and CEO Martin Brok said in a statement: “We are delighted to welcome Feelunique...

Crew Clothing reports drop in sales and profit About 3 years ago

Crew Clothing saw its turnover decline by 13% to £59.26 million following the impact of the coronavirus pandemic. In the year to 27 December, adjusted EBITDA fell by 8.9% to £8.88 million while pre-tax profit decreased by 38.5% to £5.41 million. While online sales performed well, this was not enough to make...

Dune arrives at Caledonia Park About 3 years ago

Dune London has opened a new store at Scotland’s Caledonia Park designer outlet centre. Spanning 1,025 square feet, the new shop stocks shoes from the brand’s collections for men and women as well as Dune London’s range of bags and accessories.  The signing coincides with Caledonia Park’s strong recovery after successive lockdowns...

Boohoo sees strong sales uplift About 3 years ago

Boohoo has increased its half year sales by 20% to £975.9 million after doubling its share in key markets. However, adjusted pre-tax profit dropped by the same percentage to £63.8 million as profitability was impacted by a range of cost headwinds relating to the Covid-19 pandemic and its investment in newly...

Julian Charles breaks even from a £2.1 million loss About 3 years ago

SKG Capital, the family office specialising in retail turnarounds, has taken bedding and linen retailer Julian Charles to a break-even position. Founded in 1947, Julian Charles was acquired by SKG Capital during the height of the Covid-19 pandemic in June last year. In the 12 months to April 2019, the retailer made...

LEGO reports strong first half sales About 3 years ago

LEGO Group saw its first half  revenue climb by 46% year-on-year to DKK 23 billion as the company benefited from strong demand across all of its markets. In the six months to 30 June, consumer sales rose by 36% as all market groups delivered double-digit consumer sales growth. Top-performing themes included...

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