The bankrupt company is also seeing better-than-expected proceeds from the wind-downs of its European and American businesses, attorneys said in court.
Claire’s Accessories has sought to reassure customers that its UK operations will not be affected by its US counterpart’s bankruptcy filing. Earlier this week it was reported that the accessories retailer, which trades from 378 stores and 128 concessions across the UK, was preparing for bankruptcy as it struggled to tackle its £1.4 billion debt pile
Shop Direct has hired Rank Group boss Henry Birch to be its new chief executive. Birch, who will join the online retail giant later this year, will replace interim chief executive Derek Harding.
The UK’s largest music equipment retailer Gear4Music has seen a massive sales rise amid its full year results, driven by international sales growth. In the 12 months to February 28, Gear4Music enjoyed a 43 per cent rise in total sales to £80.1 million
The UK’s largest music equipment retailer Gear4Music has seen a massive sales rise amid its full year results, driven by international sales growth.
The breakfast event coming up on March 13 looks great! We attend so many conferences and while personalisation is always a topic, few brand marketers get up on stage and reveal the secrets to their success. They often speak in broad strokes without giving the specific details regarding what was implemented, what they tested that worked (or failed), and where they are going next. We’re excited to be able to share true success stories with specific details on which brands are doing what right now.
A European court said that German sporting goods maker Adidas may oppose the registration of two parallel stripes on shoes as an EU trademark.
Ninety-four per cent of small-to-medium sized businesses (SMEs) believe the government has ignored their concerns over Brexit. According to new research from accountancy firm Moore Stephens, the outcome of Brexit negotiations is the key concern for more than half of owner-managed businesses – many of which are retailers. Other concerns like skills shortages and cyber attacks came significantly below Brexit, with 41 per cent and 29 per cent citing it as their key concerns for 2018 respectively.
Charles Tyrwhitt has reportedly poached Adidas’ chief sales officer Michael Stanier to be its new chief executive. Stanier would replace former David Boynton, who stepped down in December to take helm of The Body Shop
Australian stationery retailer Smiggle is set to open a two-storey flagship store on London’s Oxford Street as it ramps up its ambitious expansion scheme.