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Ralph Lauren launches subscription based fashion rental offering About 3 years ago

Ralph Lauren has launched a new subscription based fashion rental offering called ‘The Lauren Look’. The membership platform allows customers to hire an ever-evolving selection of Lauren dresses, trousers, tops, and more. They also have access to suggestions from expert stylists on how to wear the items. Subscriptions cost from $125...

Pets at Home raises profit forecast About 3 years ago

Pets at Home has raised its guidance for full year underlying pre-tax profit following a better than expected performance over the last eight weeks. In January, the retailer said profit was likely to come in at £77 million but has now increased this figure to £85 million. In a statement, Pets at...

Vision Direct donates £10,000 worth of laptops to six London schools About 3 years ago

Vision Direct has donated £10,000 worth of laptops to six London schools during lockdown. Schools receiving the devices have included St. Dunstan’s Cheam, CofE Primary School, Highams Park School, All Souls CoE Primary School, Rhyl Primary School, Hackney New School and Ruislip Gardens School. The laptops have since been distributed to...

Sainsbury’s increases pay for frontline staff About 3 years ago

Sainsbury’s has announced that it is increasing pay for frontline staff from March and awarding them a third one-off payment in recognition of their efforts during the coronavirus pandemic. From March, the hourly rate of pay for Sainsbury’s and Argos store staff will increase to £9.50. Staff at Sainsbury’s and Argos...

Diesel introduces new pop-up store concept About 3 years ago

Diesel has introduced a new pop-up store concept in Europe and the US that has been developed by the brand’s recently appointed creative director Glenn Martens. The concept has been launched at the Amsterdam PC Hoofstraatand premium shopping destination and at the Tyson’s Corner Center retail complex in Washington D.C. Diesel said...

Shoe Zone has announced that its finance director has stepped down About 3 years ago

Shoe Zone has announced that its finance director Peter Foot has stepped down after seven months in the role. The company has now begun a search for his successor. In a brief statement, Shoe Zone said: “Shoe Zone announces that Peter Foot, its finance director, has left the business with immediate...

Furniture Village to roll out company-wide Covid-19 testing About 3 years ago

Following a four-week trial, Furniture Village is to roll out company-wide lateral flow testing. Working in partnership with the Department of Health and Social Care, the retailer will be one the first UK businesses to adopt testing at scale. All Furniture Village staff, including those in the warehouse and head office,...

Moonpig sales are boosted by strongest ever trading week About 3 years ago

Moonpig Group has said it now expects revenue for the year to 30 April to be around double the £173 million it generated in the previous 12 month period. In a statement, Moonpig said it experienced strong demand in the first half of the year which continued throughout its third quarter....

Online fashion retailer Zalando welcomes new shareholders About 3 years ago

Online fashion retailer Zalando is to welcome new shareholders after Swedish investment company Kinneviktook the decision to distribute all its shares to its investors. The news comes more than ten years after Kinnevik’s first investment into Zalando. With a 21% stake, the firm is the retailer’s biggest investor. Rubin Ritter, Zalando co-chief...

Adidas begins formal sales process for Reebok About 3 years ago

Adidas has decided to begin a formal sales process for Reebok as part of its new five-year strategy. In a statement, the sportswear brand said it intends to focus its efforts on further strengthening the position of the Adidas brand in the global sporting goods market. Adidas chief executive Kasper Rorsted said:...

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