Congrats on the rebrand! Tell us a bit about the journey to become Loqate.
The iconic Los Angeles retailer continues the unique offer it's made to shoppers since the 1960s with cutting-edge 21st tech.
Hammerson has splashed out £76 million to increase its share in Value Retail, which sees the shopping centre giant gain a controlling stake in Bicester Village. The investment means Hammerson now owns more than 50 per cent of what is regarded as the UK’s biggest outlet centre that is based outside of Oxford. It also takes Hammerson’s total investment in premium outlets to £130 million over the past year
The Fragrance Shop has enjoyed a bumper Christmas after gift sets and celebrity-endorsed luxury scents drove a rise in like-for-like sales during the crucial trading period.
Superdry has enjoyed a healthy Christmas trading season and booked strong figures in its interim report, all of which were bolstered by double-digit online sales growth. For the festive season covering 10 weeks to January 6, the fashion chain and wholesaler said like-for-like retail sales climbed 4.7 per cent while group revenue of £215.6 million was 12.6 per cent higher than the prior year. Meanwhile, Superdry’s global brand revenue increased by 13.6 per cent year-on-year to £314.4 million.
The founder of Game’s Multiplay division Craig Fletcher is set to leave the video games retailer at the end of the year after announcing his resignation. Fletcher joined the retailer back in 2015 when Multiplay, which he founded in 1997, was acquired for £20 million. Fletcher remained the boss at Multiplay until 2016, when he was promoted to a role as Game’s senior vice president for esports and competitive gaming strategy
Canadian athleisure brand Lululemon has boosted its outlook for the full year following better than expected third-quarter figures. In the three months to October 29, the retailer posted a net revenue rise of 14 per cent to £461.7 million, exceeding analysts estimates of around £455 million
Luxury fashion retailer Coggles has returned to brick-and-mortar retail, opening its first physical store since 2013 in Cheshire. Coggles opened the new 4000sq ft store in Alderley Edge on December 2, marking its first offline offering since it was forced to close its York flagship four years ago after falling into administration. The retailer, which was founded in 1974, has traded online since it was bought by The Hut Group a month after appointing administrators
New & Lingwood’s Jermyn Street store in London recently underwent renovation. Can you describe some of the changes? Our aim was always to create a refreshed version of the beloved original New & Lingwood store rather than do a radical new design.
Oxford is iconic for many reasons. It’s home to perhaps the world’s most revered university, it was the birthplace of Alice in Wonderland, it was set to be the capital of the UK had Hitler successfully invaded and it was home to the world’s first public museum