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ASOS has confirmed that it is in exclusive discussions with the administrators of Arcadia over the acquisition of the Topshop, Topman, Miss Selfridge and HIIT brands.  Arcadia Group entered administration late last year after the closure of non-essential stores during the second UK Covid-19 lockdown impacted trade. The group’s retail portfolio...

Boohoo has acquired the Debenhams brand and website for £55 million from the department store’s joint administrators. In a statement, the online fashion retailer said the acquisition would provide it with a “fantastic opportunity” to grow its market and increase its wallet share, particularly as Debenhams has a high brand awareness...

AO World recorded its strongest ever peak trading period in the run-up to Christmas.  In the three months to 31 December, UK revenue climbed by 67.2% to £457.3 million while revenue in Germany increased by 77.4% to €73.6 million. In a trading statement, AO said the significant demand for its products...

Hotel Chocolat has posted a 19% increase in total group revenue in the 13 weeks to 27 December. In a trading update, the retailer said strong online growth in the UK more than compensated for the impact of temporary store closures due to Covid-19 restrictions. Meanwhile, sales in the US rose...

Seasalt has said its overall sales increased by 17% year-on-year in the five weeks to 2 January after online sales surged by 95%. International sales were also strong with an uplift of 20%. In contrast, store sales were down 44% in the period due to Covid-19 restrictions. Despite the disruption caused by...

Waitrose has launched two new food collections under its holistic living range which brings together a number of different health focused products. In a statement, Waitrose said the Waitrose Gut Health collection of products is the UK’s first own label range to have a certified gut health claim. Items include a...

H&M Group has promoted Andreas Eriksson to the position of communications director. Previously head of media relations for the group, Eriksson will succeed Kristina Stenvinkel in his new role. Eriksson will be replaced as head of media relations at H&M by Iñigo Sáenz Maestre, who is currently senior press officer in H&M...

Spanish fashion retailer Mango is to launch its first range of homewares this April. The new collection will include duvet covers and other bed linen, cushions, blankets, towels, bathrobes and candles. The retailer will also be launching a range of kitchen products later in the year. Mango chief executive Toni Ruiz said...

Made.com is to give all its staff a stake in the business in recognition of their commitment during the coronavirus pandemic. Made.com has also announced that group revenue increased by 22% to £212 million in 2019. This means the company has now delivered 10 years of unbroken growth and last month...

Boots has said a new scheme introduced with No7 in September has resulted in over one tonne of plastic being recycled in just under two months. The scheme allows customers to deposit empty health, beauty and wellness products in 50 stores nationwide. The retailer said over 30,000 customers have now signed...