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Superdry landlords to lose out under new turnaround plan

Superdry landlords are expected to bear the brunt as the retailer prepares to launch a new restructuring plan this week in the latest attempt to turnaround the business. The ailing fashion retailer confirmed on Monday it was in the “advanced stages” of preparing a restructuring plan and expects to launch it “in the coming days”. However, it said...

Mon Apr 15, 2024 18:45
Tesco teases new Clubcard Prices logo after Lidl defeat

Tesco has teased the new design for its Clubcard prices after a High Court ruled its yellow circle in a blue square infringed Lidl’s trademark for its similar yellow circle branding. Britain’s largest supermarket has begun the process of replacing millions of Clubcard Prices logos with the new branding over the coming weeks, starting with its app....

Mon Apr 15, 2024 15:39
M&S chair Archie Norman warns against Labour’s UK employment reforms

M&S chairman Archie Norman has become the latest retailer to raise questions over Labour’s plans to overhaul worker rights as he argues the UK risks being unable to attract investment. Norman told The Telegraph that the country’s biggest problem going into a general election was a “lack of growth in productivity and investment”. He said: “Any...

Mon Apr 15, 2024 14:37
Uniqlo profits boosted by TikTok famous ‘banana’ bag

Uniqlo saw profits soar in its full year results, thanks to its “banana” bag which went viral on TikTok. Pre-tax profits at the retailer’s UK and European arms surged by £66m to almost £160m for the year to 31 August. Additionally, sales shot up 36%, according to the Japanese business’s newly-filed accounts. Uniqlo attributed the rise to young...

Mon Apr 15, 2024 13:36
Bath & Body Works opens first standalone London store

Bath & Body Works has opened its first standalone store in London at Westfield shopping centre. The American retailer’s new 2,357 sq ft store in White City houses its premium range of lifestyle care products and home fragrance, sitting directly opposite beauty giant Sephora. The retailer is also set to open a second store in the capital at Westfield...

Mon Apr 15, 2024 13:36
Iceland launches first-ever supermarket customer election manifesto

Iceland has launched the first-ever supermarket customer panel to pen election manifesto. It comes as the frozen food specialist’s executive chairman Richard Walker pledged the retailer would use its platform to give customers a voice during election year. The panel, which is made up of seven customers from across the UK who applied to lead the...

Mon Apr 15, 2024 13:07

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