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Quiz posts drop in full year sales About 3 years ago

Quiz has seen its full year group revenue decline by 66% to £39.7 million after it bore the impact of enforced store closures and fewer customers buying occasion wear during the Covid-19 pandemic. In the year to 31 March, the retailer reported an underlying pre-tax loss of £9.6 million compared to...

Moonpig raises full year revenue guidance About 3 years ago

Moonpig has said trading in the year to date has been strong ahead of its AGM today. In an update on its performance from 30 April to date, the company said it is now raising its full year guidance for group revenue to between £270 million and £285 million. The company said frequency...

Footfall up 2.7% last week About 3 years ago

UK retail footfall increased by 2.7% last week from the previous seven-day period after city centres were boosted by people making a return to the office. According to retail footfall specialist Springboard, footfall rose by 6.5% in central London and by 6.1% in large city centres outside of the capital. The...

Asos to create 184 new jobs in Belfast About 3 years ago

Asos is to invest £14 million in a new tech hub in Belfast and create 184 new jobs in the city over the next three years. The announcement was made by Northern Ireland Economy Minister Gordon Lyons who said the move was a clear vote of confidence for Northern Ireland and...

ASOS combines fashion with gaming About 3 years ago

Fnatic has announced a three-year deal with online fashion and cosmetic retailer ASOS as the org’s Official Retail Fashion Partner. The reported ‘multi-million pound partnership’ will include on-and-offline activations, as well as ASOS’s logo placement on the front of Fnatic’s jerseys. This will include the organisation’s League of Legends World Championship...

Very Group appoints new Retail MD About 3 years ago

The Very Group has appointed former Fenwick chief executive Robbie Feather as its retail managing director and a member of the executive board. Feather was recruited by Fenwick in 2018 to turnaround and modernise the business and customer proposition. Since then, he has developed the group’s digital strategy, launching the business...

Aldi to invest £1.3 billion About 3 years ago

As part of plans to accelerate its share of the UK grocery market, Aldi has committed to investing £1.3 billion over the next two years. This will include creating more than 2,000 new jobs in 2022 and the opening of 100 new stores across the UK over the next two years....

French Connection reveals it is in takeover talks About 3 years ago

French Connection has revealed it is in takeover talks after receiving an approach worth £29 million. The fashion chain said it had received a potential cash offer worth 30p a share from a consortium including its second largest shareholder, Apinder Singh Ghura, as well as Amarjit Singh Grewal and KJR Brothers. The...

Sainsbury’s launches lunch stand concept About 3 years ago

Sainsbury’s has launched a new dedicated lunch stand in over 300 UK stores as it looks to make shopping for lunch easier for customers as they balance working at home and being in the office. The retailer said the in-aisle concept is the first of its kind in a UK supermarket...

In The Style sees strong sales growth as it expands influencer collaborations About 3 years ago

In The Style, the online women’s fashion brand, saw its sales climb by 45% year-on-year from April to August. In addition, its ecommerce gross order value grew by nearly 50%. In a trading update ahead of its AGM, the company said the performance was driven by increased brand awareness, more customers buying...

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