Mountain Warehouse has reported record sales in its interim results as its chief executive says inflation in the UK has peaked. In the six months to August 27 the outdoor retailer saw sales rise 19 per cent to £91.6 million, its highest ever, while pre-tax profits jumped 18 per cent to £4.7 million. The results were lifted by its international business which saw a 50 per cent boost in sales accounting for around 25 per cent of its total revenues
Fast fashion retailer Forever 21 has warned customers of an unauthorised data breach granting access to credit card data. A third-party source warned the retailer earlier this week that in some instances, an encryption used to hide credit card details was not working
A £100 million retail redevelopment project has been announced on London’s iconic Regent Street.
Popular sandal maker Birkenstock is set to open its first-ever standalone physical store in the UK in London’s Covent Garden. The German brand’s new 1100sq ft flagship will be located in Seven Dials, at 48 Neal Street, and will during open this autumn
Canada Goose has flown into London to open its first European flagship store. The 5000sq ft shop on 244 Regent Street features Canadian design elements, including marble quarried in British Columbia, and offers an assortment of seasonal collections and exclusive collaborations. A selection of vintage pieces from the company’s 60-year archive will also be on display and rotate seasonally
Topshop and Topman have responded to criticism after a trans shopper was told they couldn’t use the women’s changing rooms, announcing all changing rooms will now be gender-neutral. Travis Alabanza, a performer, was refused entry to changing rooms in Topshop in Manchester, being told instead to use the male changing rooms in Topman downstairs
Burberry has booked double-digit growth in its half-year report while also announcing a store closure programme as part of a strategic overhaul.
Yoox Net-a-Porter has continued to achieve positive growth throughout its third quarter driven by the success of its UK market.
Hugo Boss is primed to open its first store in Southampton in a “fantastic result” for the Westquay shopping centre as it continues to attract luxury retailers. The upmarket fashion retailer has signed a 2116sq ft lease at the Hammerson-owned shopping centre as it continues its year-long improvement programme, which will see the addition of a leisure and dining extension Westquay South
Handwritten cries for help have been found in the pockets of Zara’s garments, dragging the fashion giant into fresh controversy over labour standards. Shoppers at a Zara store in Istanbul discovered handmade notes thought to have been put in by factory workers alleging they had not been paid for months of work.