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Oasis and Warehouse Group acquires The Idle Man About 5 years ago

The Oasis and Warehouse Group has acquired The Idle Man for and undisclosed fee. The Idle Man is an online menswear retailer founded in 2014 by former Asos buyer Oliver Tezcan.  The retailer offers ranges from brands such as Barbour and Carhartt, as well as own brand products, covering the premium,...

Walgreens Boots Alliance names new global chief information officer About 5 years ago

Walgreens Boots Alliance announced on Friday that it has hired Kraft Heinz and Kraft Foods global chief information officer Francesco Tinto. Tinto will oversee all of WBA’s IT operations and drive digital innovation at the company.  His responsibilities will include data analytics, business intelligence, support and technical services. He will be based...

JD Sports posts strong growth About 5 years ago

JD Sports has posted an increase in both its sales and profits in the first half of its financial year. Group revenue climbed by 47% to £2.7 billion in the 26 weeks to August 3rd following an increase in total like-for-like sales at the groups sports fashion fascia’s, including more than...

Sports Direct submit bid for Links of London About 5 years ago

Sports Direct has made a bid for Links of London, according to Sky News. According to reports, Sports Direct is one of two final bidders for the struggling jewellery chain. Links of London is set to hold an annual meeting within the coming days, which will see a big protest vote from institutional investors...

Primark has reported a sales increase About 5 years ago

Primark’s sales have risen by 4% year-on-year for the 52 weeks to September 14th.  However, like-for-like sales dropped by 2% for the period, and it warned that its future margins could take a hit. Primark’s owner, Associated British Foods, reported a 3% rise in UK sales despite an overall drop in...

H&M clash with landlords About 5 years ago

H&M has clashed with landlords over the possibility of turnover-based rents. This comes as H&M has insisted that if any returns come into a store, including from purchases made online, they are deducted from that shops revenues, meaning that landlords will receive even less. H&M is offering landlords ‘total occupational deals’ where...

Levi’s set to open at Birmingham’s Bullring About 5 years ago

Levi’s is set to open at the Bullring in Birmingham this November. The shop will be located next to H&M in a 3,200 square foot unit.  It will stock the brands full product range including jeans, sweaters, t-shirts and outerwear.  There will also be a personalisation service. Richard Hurren, VP Europe North...

The Perfume Shop is set to launch experiential concept store About 5 years ago

The Perfume Shop is set to launch its first experiential store at the end of this month, opening at the Meadowhall shopping centre in Sheffield on September 19th. The store will feature interactive areas such as a central play table for perfume testing and scented funnels with iPads to help customers...

Dixons Carphone face backlash over executive pay About 5 years ago

Dixons Carphone has faced backlash over executive pay at its annual general meeting.  The retailer has now promised to consult further with its shareholders. The company acknowledged in a statement that a large number of its shareholders didn’t support it remuneration report, with only 76.54% voting in favour. Dixons Carphone said:  ”Over the...

Flannels opens 18,000 square foot Oxford Street flagship About 5 years ago

Flannels has opened its Oxford Street flagship store, three years after acquiring the unit on the corner of Oxford Street and Poland Street. The store was opened to the public on Thursday 12th September, and displayed the new eclectic space designed by Italian studio Pconp in collaboration with artist Riccardo Previdi. It...

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