Frasers Group is understood to be close to finalising a deal to buy premium fashion retailer Coggles from THG.
The move follows the retail titan’s recent acquisition and administration of Matches earlier this year, sparking fears that the same fate may meet Coggles.
THG snapped up the indie fashion retailer out of administration back in 2013, although it did not take its stores business.
The business then returned to bricks-and-mortar retail in 2018, opening its first physical store s
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Exclusive: Frasers Group closes in on deal to buy Coggles from THG
-
Tata Steel workers in South Wales to begin indefinite strike next month – as it happened
About 1,500 Tata Steel workers will begin an indefinite strike in July over the company’s plans to cut thousands of jobs, the trade union Unite saysOver in the eurozone, the economic recovery has suffered a setback this month as firms report a drop in new business.The latest survey of eurozone purchasing managers has found that new orders decreased for the first time in four months in June, leading to slower rises in business activity and employment levels.“Is the recovery in the man -
[Interview] An insightful conversation with the Founder of The Secret Linen Store
In this exclusive interview, we sit down with the founder of The Secret Linen Store, a brand renowned for its high-quality, sustainable home textiles. From humble... View Article -
Tata Steel workers in South Wales to begin indefinite strike next month – business live
About 1,500 Tata Steel workers will begin an indefinite strike in July over the company’s plans to cut thousands of jobs, the trade union Unite saysOver in the eurozone, the economic recovery has suffered a setback this month as firms report a drop in new business.The latest survey of eurozone purchasing managers has found that new orders decreased for the first time in four months in June, leading to slower rises in business activity and employment levels.“Is the recovery in the man -
Shaftesbury Capital announces Peak Performance’s first UK store in Covent Garden
Shaftesbury Capital has announced that Peak Performance, the renowned Scandinavian outdoor brand, has selected Covent Garden to be the home of its first-ever UK store, marking... View Article -
N Brown wins Technology Project of the Year
N Brown Group plc, the inclusive fashion and homeware digital retail platform, has been awarded the Technology Project of the Year award at the Retail Systems... View Article -
Dr.PAWPAW celebrated in FEBE growth 100 2024 list
Dr.PAWPAW, the family-owned originator of multipurpose beauty products, has been honoured in the prestigious FEBE (For Entrepreneurs, By Entrepreneurs) Growth 100 2024 list, which highlights Britain’s... View Article -
Scandi outdoor brand Peak Performance to open first UK store
Scandinavian outdoor brand Peak Performance is set to open its first UK store in Covent Garden, London as the business looks to expand to new markets.
Known for its “bold and progressive” high-quality performance clothing, Peak Performance’s London store will house a curated selection of collections, for skiing, hiking, trali running and more at its 1,700 sq ft space at 49 Long Acre.
Influenced by the outerwear retailer’s heritage, the concept store will feature a Scandin -
Sustainability in grocery retail: Challenges and opportunities
In recent years, achieving sustainability in grocery retail has become an immediate and pressing obligation. In a world where people are more concerned about the environment... View Article -
Scoff Paper launches edible wedding cards for dogs
With around 12 million dogs now playing an important role in families across the UK, it’s no surprise that pet-friendly weddings are on the rise. In... View Article -
Clothes and furniture spending lift British retail sales more than expected
Public finance data shows large debt challenge facing next government -
Election nerves drive UK business growth down to seven-month low, but retail sales bounce back – business live
Rolling coverage of the latest economic and financial news, including the latest UK retail sales and public finances dataOver in the eurozone, the economic recovery has suffered a setback this month as firms report a drop in new business.The latest survey of eurozone purchasing managers has found that new orders decreased for the first time in four months in June, leading to slower rises in business activity and employment levels.“Is the recovery in the manufacturing sector ending before i -
Love Island launches first ever pop-up store
Love Island has chosen the Bluewater Shopping Centre for the opening of its first ever pop-up shop. Due to launch on 25 June, the store will... View Article -
Warmer weather and falling UK inflation lift retail sales
ONS says most retailers enjoyed a better month in May, with increases in clothing and household goodsBusiness live – latest updatesSpending in shops and online bounced back strongly last month as better weather, falling inflation and rising consumer confidence boosted spending.The monthly update from the Office for National Statistics showed the volume of retail sales rose by 2.9% in May, after a weather-affected drop of 1.8% in April. Continue reading... -
Card Factory to engage with shareholders after a quarter vote to oust chair
Card Factory said it will engage with shareholders on their concerns after almost a quarter voted to oust its chair at its annual general meeting this week.
Some 24.87% of votes were cast against re-electing Paul Moody to the board on Thursday (20 June).
Moody joined Card Factory in July 2020 as executive chair, having spent almost 20 years at Robinsons and 7UP owner Britvic. Related StoryClintons new owner admits business is ‘worse than expected’18/06/2024 x 8:47 AMIn a statement is -
Boohoo and Card Factory hit with shareholder backlash
Card Factory and Boohoo have been hit with a backlash from shareholders this week at its annual general meetings.
The greetings card retailer said it will engage with shareholders on their concerns after almost a quarter voted to oust its chair on Thursday (20 June).
Some 24.87% of votes were cast against re-electing Paul Moody, who joined Card Factory in July 2020 as executive chair. Related StoryClintons new owner admits business is ‘worse than expected’18/06/2024 x 8:47 AMIn a sta -
Primark to invest €40 million in Portuguese expansion
Primark is to invest over €40 million in its expansion across Portugal. This will include opening stores in four new cities and an extension of its... View Article -
Sunny weather drives retail sales in May
Retail sales rebounded last month as sunny weather and the double bank holidays lured shoppers out to the high street.
The latest figures from the Office for National Statistics (ONS) show sales volumes rose by 2.9% in May, following a fall of 1.8% the month before.
Non-food stores sales rose 3.5% last month – marking the largest monthly rise since April 2021 – driven by improved footfall, better weather and the impact of promotions, retailers reported. Related StoryRetail sales tumb -
Loaf expands London presence with new Chiswick store
Loaf, the premium British furniture brand, is expanding its London presence with the opening of a new ‘Shack’ showroom. The move means that Loaf will have... View Article -
Space NK sells its US wholesale division
Space NK’s US wholesale division has been acquired by The PCA Companies. According to a report by Cosmetics Business, the sale includes the beauty retailer’s entire... View Article -
UK retail sales rebound in warm May as consumer confidence improves – business live
Rolling coverage of the latest economic and financial news, including the latest retail sales and public finances dataBritish consumer sentiment has risen to a two-and-a-half year high this month, market research company GfK reports this morning.The GfK consumer confidence survey has risen to -14 in June, up from from May’s -17, the highest reading since November 2021.Those measures on the economy registered sharp increases of seven points and six points respectively, and there was a welco -
Join us for Endless Aisle Live 2024
Top retail leaders will gather at a unique three-in-one event hosted by NewStore on 26 June at Underbelly Boulevard in London. The inaugural Endless Aisle Live will bring together retail executives aiming to stay ahead in the ever-evolving retail landscape.
The action-packed agenda features insightful talks, hands-on store tours, and an exclusive dinner where attendees will dive deep into omnichannel strategies and discover how to enhance customer experiences through the latest digital transform -
Popeyes on track to double its UK store estate this year
Popeyes, the fast growing chicken QSR brand, is to open its 50th UK store in Glasgow. The news means that the brand is on track to... View Article -
Lidl to host contractor events as it looks ahead to opening hundreds of new stores
Lidl is calling on contractors to sign up to a series of events as it looks ahead to opening hundreds of new stores across the UK.... View Article -
China’s 618 online shopping event marks first sales drop in years
Ecommerce festival loses lustre as platforms offer year-round discounts -
China’s 618 online shopping event marks first-ever sales drop
Ecommerce festival loses lustre as platforms offer year-round discounts -
Dainty jewelled watches for men? Their time has come
Styles once designed for women are increasingly popular among male buyers
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