City

Retail news from The City

Financial results

Bonmarche said its new store/concession programme has started well

Bonmarché reports 13.5% sales rise

Named “Britain’s most boring shop” by the Daily Mail, it would be fair to say that so far the hype around the fashion retailer has been somewhat limited. However with yet another rise in sales (16.9 per cent for the 13 week period ended 28 June 20...
09:58AM - Thu 31st July 2014

Next leaves M&S firmly in the shadows with latest figures

Next’s latest figures have placed them even further ahead of traditional rival Marks and Spencer’s. Their sales for the quarter just gone have exceeded the 5.5 per cent - 9.5 per cent increase forecast in April, leading them to raise their full ye...
11:55AM - Wed 30th July 2014

Boardroom

Mark Sebba, CEO, Net a Porter

Net-a-Porter's CEO steps down

Net-a-Porter chief executive, Mark Sebba, is stepping down after nearly 10 years in the role.Sebba joined the company in 2003, just three years after it had been founded by Natalie Massenet. Under his rule the company has been recognised for its h...
09:23AM - Tue 29th July 2014
A Mothercare and ELC store

Destination Maternity will not bid for Mothercare

US baby and mother retailer Destination Maternity will not make any more offers for Mothercare after a second bid was knocked back by the board.The firm has had two non-binding written proposals rejected by Mothercare and it is not willing to sign...
09:05AM - Mon 28th July 2014
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