Big Interview: Ehab Shouly, the man hoping to sue HoF’s administrators
The Retail Gazette spoke to Ehab Shouly to establish why he supports calls for a formal investigation into its collapse.
Yoox reveals it is working on own-label launch
Luxury retailer Yoox has revealed that it will launch its first own-label range in the next few weeks.
Chief executive Federico Marchetti announced the news...
Wilko posts £65m loss
Value home and lifestyle brand Wilko posted a pre-tax operating loss of £65 million in the 12 months to February 3, according to a...
Cult beauty brand Deciem shuts all stores after founder alleges “major criminal activity”
Global beauty brand Deciem, has abruptly closed all of its stores after after founder Brandon Truaxe alluded to criminal activity
TK Maxx FY sales up 11% thanks to new store openings
TK Maxx sales rose 11 per cent in the full year to February 3, thanks to a raft of new store openings on the...
Maplin creditors left with £285m black hole from collapse
Maplin’s creditors will receive just a fraction of the funds they are owed following the electronics retailer's collapse earlier this year.
According to The Times,...
H&M invests $20m in payment giant Klarna
Swedish fintech business Klarna and apparel giant H&M have announced a new £15.3 million ($20 million) global partnership aiming to “elevate the modern shopping...
Former Tesco directors back in court over 2014 accounting scandal
Two former directors at Tesco have gone on trial this week accused of manipulating figures that resulted in Tesco’s profits being overstated by £250...
Consumer spending hits five-month slump in September
September sales suffered from a “summer hangover” according to the latest results from the British Retail Consortium (BRC) and KPMG sales monitor.
UK retail sales...
House of Fraser business partner threatens legal action against administrators EY
House of Fraser's concession partner Ehab Shouly is considering legal action against the company’s administrator Ernst & Young (EY).
Shouly, owner and co-founder of The...
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