Popular now
George at Asda CCO Liz Evans steps down

George at Asda CCO Liz Evans steps down

Supermarket sales rise 4.6% as heatwave offset by wet weather

Supermarket sales rise 4.6% as heatwave offset by wet weather

N Brown names new financial services chiefs

N Brown names new financial services chiefs

Fancy dress brand Smiffy’s sold to Ad Populum

Fancy dress brand Smiffy’s sold to Ad Populum

On this episode of Talking Shop, we are joined by Nikki Baird, Vice President of Strategy and Product at Aptos. Nikki has spent decades separating technology hype from real-world consumer behavior. Today, we delve into the emergence of the "dark funnel" and how LLMs like ChatGPT are disrupting traditional retail search pipelines, breaking retail media networks, and forcing retailers to their re-evaluate product landing page.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

Fancy dress retailer R.H. Smith and Sons, trading as Smiffy’s, has been sold to Ad Populum after falling into administration.

Headquartered in Leeds, Smiffy’s has been operating for over 100 years and has stores in Liverpool, Newcastle and Oxford. 

However, the retailer was forced to appoint joint administrators from PwC after its financial performance was significantly impacted by the Covid-19 pandemic which saw a huge drop in demand for costume and party products. 

Now the company has been bought by Ad Populum which owns several brands, such as Neca, Wizkids, Kidrobot, and US costumes company Rubies II, LLC.

Jane Steer, joint administrator and partner, PwC, said: “Smiffy’s is a popular brand that has been operating in one form or another since 1894, but sadly, like many other retailers, it was impacted by the after effects of the pandemic. 

“The buyer, Ad Populum, will add Smiffy’s to its comprehensive range of brands which have extensive reach in the fancy dress and toy markets.”

Previous Post
Today’s news in brief-28/6/24

Today’s news in brief-28/6/24

Next Post
Boots chief to depart after sale plans shelved

Boots chief to depart after sale plans shelved