Nike has sparked controversy after it was accused of stereotyping black youths involved in violent gang culture. The advert in question was a for a balaclava which covers the users full head and part of their chest, which the sportswear giant said was designed to keep wearers warm in cold weather. https://twitter.com/DRileyamusing/status/1031266930462810117 @Nike What are yous doing..
John Lewis Partnership has seen sales edge up over the last week as back to school sales at its department store chain offset struggling growth at Waitrose. In the week to August 19 the group saw sales edge up 0.7 per cent to £204.7 million, despite its grocery arm Waitrose enduring a 1.3 per cent decline in sales
London’s iconic shopping destination Carnaby has welcomed a rhino to its busy high street as part of a month-long collaboration with charity Tusk. This week marks the launch of Shaftesbury’s, the real estate investment trust behind Carnaby Street and many of the West End’s most popular retail destinations, Tusk Rhino Trial. In an effort to raise awareness for the conservation of endangered African species, the Rolling Stones’ Ronny Wood designed the sculpture which will launch a trial of other rhinos across London.
Game Digital has seen its shares jump despite revealing a slight dip in revenues, as it shifts its focus towards its Belong e-sports arenas.
Serta Simmons will seek to take advantage of combining Tuft & Needle's e-commerce infrastructure and capabilities with Serta Simmons' retail reach.
The first details of Office Outlet’s company voluntary agreement (CVA) have emerged, including its request for landlords to forfeit rent payments for three years on 20 of its stores. The stationery retailer launched a CVA on Monday afternoon, which will include closing four of its 95 stores, but also asking landlords for an unprecedented rent holiday on 20 of its stores. READ MORE: Landlords vs CVAs: The battle of UK retail The offer is being slated as one of the most extreme measures included in a CVA so far this year.
Tesco’s head of labs Angela Maurer has left her position at the supermarket to join Landsec as head of innovation.
Over 600 members of staff at XPO Logistics could face redundancy due to payments owed by House of Fraser to XPO. New House of Fraser owner Mike Ashley has come under fire from The GMB union after staff at XPO’s Wellingborough and Milton Keynes were put on a 45 day consultation period from August 17. Retail tycoon Ashley rescued House of Fraser from administration earlier in the month via his Sports Direct business.
House of Fraser’s flagship store on London’s Oxford Street is being saved from closure according to its new owner.
Leader of the Liberal Democrat party Sir Vince Cable has called for a new “commercial landowner levy” to replace the UK’s business rates system. Under the proposal, buildings and utilities would be removed from the tax calculations, leaving only the land value of a commercial site