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Take part in the 2017 Retail Salary Survey

Monday 16 January 2017 - Posted by Elias Jahshan

The Retail Gazette is proud to partner with Quest Search & Selection to present the 2017 Retail Salary Survey. The survey, now open, aims to capture the current views on the UK retail talent market and how this may impact careers or hiring strategies. Participants who complete...

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H&M Christmas trading fails to meet expectations

Monday 16 January 2017 - Posted by Ben Stevens

H &M has released its Christmas trading results posting a rise in sales, although coming well below analyst expectations. The fast fashion giant posted a six per cent rise in sales throughout December, below the predicted rise of around nine per cent. This marks the slowest ra...

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Reiss records positive Christmas trading update

Monday 16 January 2017 - Posted by Elias Jahshan

Reiss sparkled through the Christmas trading period, posting a 19.7 per cent year-on-year uptick in the six weeks to January 7. The upmarket fashion chain attributed its positive figures to growth in its UK like-for-likes, ecommerce and international expansion. While UK sales ...

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Hobbs enjoys 14.3 per cent spike in quarterly sales

Monday 16 January 2017 - Posted by Elias Jahshan

International and online growth helped drive Hobbs’s positive growth over the Christmas trading quarter, where the womenswear retailer recorded a 14.3 per cent year-on-year spike in total sales. The retailer added that like-for-like sales grew by 3.9 per cent for the 13 week p...

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Burlington Arcade to be sold for £400 million

Monday 16 January 2017 - Posted by Ben Stevens

The iconic Burlington Arcade in Mayfair, London has been put up for sale by its owners for £400 million. The high-end retail arcade, which links Bond Street and Piccadilly, will be sold by its joint owners Thor Equities and Meyer Bergman. The partners bought the UK’s longest c...

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Mamas & Papas appoints 2 senior directors

Monday 16 January 2017 - Posted by Ben Stevens

Two senior appointments have been made at maternity retailer Mamas and Papas by the newly-instated boss Jonathan Fitzgerald. The position of product director has been handed to Paul Middlemiss, who has previously held similar roles at Robert Dyas and The Conran Shop, as well a...

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Sports Direct breaks promise to shareholders sparking fresh conflict

Monday 16 January 2017 - Posted by Ben Stevens

Sports Direct has tempted a fresh backlash from its shareholders after confirming the appointment of law firm RPC to review its corporate governance practices. During the company’s annual general meeting last September Sports Direct promised its shareholders, already angered b...

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Fight breaks out between BHS creditors

Monday 16 January 2017 - Posted by Ben Stevens

A conflict has broken out among BHS creditors, one of which has stated the Pension Protection Fund (PPF) is overriding other creditors' interests. Duff & Phelps, one of two administrators appointed to oversee the sale of BHS assets, has accused the PPF of “having control over ...

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Shop Direct enjoys 5th consecutive year of growth from Christmas

Monday 16 January 2017 - Posted by Elias Jahshan

Fashion sales at Very.co.uk has helped parent company Shop Direct to record positive growth during its Christmas trading season for the fifth year in a row. In the seven weeks to December 23, Shop Direct had a sales uptick of nine per cent year-on-year, while sales at Very.co....

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Burberry confirms dates and timeline of leadership changes

Monday 16 January 2017 - Posted by Elias Jahshan

Burberry’s leadership transition is set to begin this month, with Marco Gobbetti initially joining in the role of executive chairman for the Asia-Pacific and Middle East before becoming chief executive in July. The luxury British fashion retailer first announced Gobbetti's app...

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