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Burberry sees drop in sales About 4 years ago

Burberry has reported a 31% drop in revenue to £878 million in its first half after trading was impacted by the coronavirus pandemic. In the six month period to 26 September, the luxury brand’s adjusted operating profit declined by 75%.  The pandemic meant the retailer started the current financial year with...

Waitrose launches first ever Virtual Food and Drink Festival About 4 years ago

Waitrose is launching its first ever Virtual Food and Drink Festival. Running from 12 to 15 November, the event will give customers the chance to take part in live cooking lessons from the Waitrose Cookery School and masterclasses with guest chefs Nathan Outlaw and Dhruv Baker. They will also be...

Aldi to pay staff a 10% Christmas bonus About 4 years ago

Aldi is set to pay its store and distribution staff a bonus as a thank you for working to keep the nation fed during the coronavirus pandemic. Over 35,000 staff members will receive a 10% bonus for November which will be paid in December ahead of Christmas. Giles Hurley, chief executive...

VF Corporation is to acquire the Supreme streetwear brand About 4 years ago

VF Corporation is to acquire the Supreme streetwear brand from current investors The Carlyle Group and Goode Partners. The transaction is expected to complete in late 2020 subject to regulatory approval. Supreme founder James Jebbia and the rest of the senior leadership team will remain with the company at its...

Boots launches new Christmas campaign About 4 years ago

Boots has launched a new Christmas campaign called ‘What the World Needs Now’. The campaign message focuses on how the world needs acts of kindness in this pandemic year and features Boots’ charity work with The Hygiene Bank. Boots is donating £1 million worth of hygiene products to benefit people living...

Aldi plans to extend its click and collect trial About 4 years ago

Aldi has announced plans to extend its trial of a click and collect service to more than 200 additional stores by Christmas. The supermarket launched the service as a pilot at one of its Midlands shops in September and then extended it to cover 18 stores last month. Shoppers are able...

Lidl to increase wages of all UK staff on hourly rates About 4 years ago

The Lidl supermarket chain is to increase the wages of all UK staff on hourly rates. The plans include lifting entry-level pay from £9.30 to £9.50 per hour outside of London and £10.75 to £10.85 within the M25, going up to £11.80, depending on an employee’s location and length of...

Cult Beauty appoints Net-a-Porter founder as non-executive chairperson About 4 years ago

Cult Beauty has appointed Net-a-Porter founder Carmen Busquets as non-executive chairperson. Busquets has been an investor in Cult Beauty since 2012 and also has stakes in The Business of Fashion, Lyst, Farfetch, Maison De Mode, Moda Operandi, Tagwalk, Flowerbx, Sana Jardin, Dr Jackson’s and others. Alexia Inge, co-founder and co-chief executive...

London’s Borough Market launches postal delivery service About 4 years ago

London’s Borough Market is launching a carbon neutral postal delivery service to enable foodies from across the UK to order food from its traders. The new Borough by Post service allows shoppers to order their favourite treats from up to 20 of the market’s traders with a single consolidated delivery...

Wren Kitchens has expanded into America About 4 years ago

Wren Kitchens has expanded into the American market with the opening of a new showroom in Milford in Connecticut. The retailer is also planning to launch five more showrooms in the northeast of America by 2021. The Milford site spans 31,456 square feet and features 100 kitchen displays, two virtual reality...

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