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Adidas has extended its chief executive Kasper Rorsted’s contract by a further five years. Mr Rorsted has been a member of the Adidas executive board since August  2016 and became the company’s chief executive two months later. Igor Landau, Adidas chairman, said Mr Rorsted had driven the implementation of the company’s...

The owner of Northern Ireland designer outlet The Boulevard has confirmed that Molton Brown will open a temporary pop-up at the centre in the run-up to Christmas. Molton Brown will set up shop in a 1,075 square foot unit from September until January 2021 and will have the option to...

Pets at Home has reported a decline in revenue in the first quarter of its financial year as sales in the initial weeks of the period were impacted by the Covid-19 lockdown. In the 16 weeks to 16 July, total revenue and like-for-like revenue fell by 1% and 0.7% respectively.  Although...

Furniture retailer ScS has said trading has been very strong both in its shops and online since the reopening of its stores following the Covid-19 lockdown. Group order intake climbed by 92.2% from 24 May to 25 July compared to the same period in the prior year. The retailer said the...

The government has announced that the Department for Business, Energy & Industrial Strategy is bringing in a new law to make sure all furloughed employees receive redundancy payments at 100% of their normal pay, rather than a reduced furlough rate. The law is said to come into force today. At present, employees...

B&M has said it has made a strong start to the new financial year with group revenue increasing by 27.7% to £1.15 billion in its first quarter. In the three months to 27 June, B&M UK revenue rose by 33.7% to £987.8 million as like-for-like sales climbed  by 26.9%. B&M said...

Sainsbury’s increased its total retail sales excluding fuel by 8.5% in its first quarter after trading was boosted by strong online sales due to the Covid-19 pandemic. In the 16 weeks to 27 June, the retailer’s like-for-like sales rose by 8.2% as grocery sales climbed by 10.5%. Meanwhile, general merchandise sales...

Woking Shopping has welcomed French Connection to its line-up. Situated within the Town Mall, the 1,260 square foot store sits alongside Fat Face and Claire’s. Neil Woodward of Moyallen, asset manager for the Peacocks Centre, said: “The launch of French Connection is a great first stride into 2020, and signals the...

The Debenhams department store has appointed former New Look chief executive, Stephen Sunnucks, as a non-executive director of its parent company, Celine Jersey Topco. Mark Gifford, chairman of Celine Jersey Topco, said: “Stephen’s reputation in the retail industry is second to none. He has been involved in various turnaround and restructuring...

N Brown has strengthened its management team with the appointment of Sarah Welsh to the newly created role of retail chief executive. Ms Welsh will join the business on 30th March and will be responsible for all aspects of product including buying, merchandising, design, fit, trading, sourcing and partnerships. Ms Welsh...