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Ocado completes arrangements for joint venture with M&S About 5 years ago

Ocado has completed the sale of 50% of its UK retail business to Marks & Spencer, marking the next step of the two company’s joint venture to enable M&S to offer and online grocery delivery service. Ocado will not begin to sell M&S products until September 1st next year, providing Ocado...

WH Smith opens ‘The Bookshop by WH Smith’ at Gatwick airport About 5 years ago

WH Smith has opened ‘The Bookshop by WH Smith’ concept at Gatwick Airports North Terminal. The store is the largest of WH Smiths 12 standalone bookshops in the UK, spanning over 170 square metres. The store will give offer customers books ranging from mass-market titles and children’s literature.  It will also offer...

Mike Ashley’s Sports Direct in pole position for Jack Wills About 5 years ago

According to Sky News, Sports Direct International has become the preferred bidder for Jack Wills. Jack Wills has been seeking a buyer for the last month. A deal could be announced as early as Monday, although, one insider has said that nothing has been signed and the deal could still fall through. The...

Prada sees revenues rise About 5 years ago

Prada saw its net revenues rise by 2% to €1.57 billion in the first half of 2019. Sales in its retail channel were in line with the same period last year as trading was impacted by the decision to stop making seasonal markdowns. However, full price sales increased in the...

Pandora is making good progress with rebrand About 5 years ago

Pandora has said it is making good progress with its upcoming rebrand which will be unveiled later this month. Part of the company’s turnaround initiative, Programme NOW will be kicked off at an event in LA on August 28th before the new look is rolled out over the second half of...

Pets at Home like-for-like sales increase About 5 years ago

Pets at Home has grown its like-for-like sales by 8% in its first quarter as it continued to expand the range of services it offers its customers. In the 16 weeks to July 18th, group revenue was up 9.9% to £303.4 million as retail revenue climbed by 8.7% to £266.4 million. Retail...

Zalando experiences strong customer growth About 5 years ago

Zalando has experienced its strongest second quarter for active customer growth with an uplift of 15.2% to 28.3 million. Site visits also grew by 34.3% to 986.4 million, with 84% of them visits coming from a mobile device. Zalando chief financial officer David Schröder said: “More customers than ever before have chosen...

VF Corporation appoints Michel Bilodeau as General Manager EMEA for Vans About 5 years ago

VF Corporation has appointed Michel Bilodeau as vice president, general manager EMEA for Vans. Bilodeau currently works as vice president, general manager of VF outdoor & action sports for Canada, and will take up her new position by October. Martino Scabbia Guerrini, VF’s group president for EMEA, said: “Michel’s extensive experience with...

ScS said full year performance will be in line with expectations About 5 years ago

ScS has said that its full year performance will be in line with its expectations.  This comes after the furniture retailer increased its like-for-like order intake by 4.2% in the 52 weeks to July 27th. The company originally reported that like-for-like order intake growth was 2.9% in the 33 weeks to...

Travis Perkins report strong results at Wickes About 5 years ago

Travis Perkins has reported a 9.7% growth in like-or-like sales at Wickes in the first half of 2019. It has put at least 2% of the growth down to warmer weather in March and April compared to last year. The retailer has also seen a 49% increase in adjusted operating profits, growing...

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