Year: 2019

Cox & Cox promotes ex-Boden marketer Richard Bell to CEO

Homeware retailer Cox and Cox has promoted Richard Bell to the role of CEO. The appointment comes as Cox and Cox experiences “strong business performance”, driven by Bell in his former role as the company’s chief operating officer. It revealed that sales have grown 35% with a “sharp increase in…

Read More »

Superdry names founder Julian Dunkerton as permanent CEO until 2021

Clothing retailer Superdry has announced that its founder Julian Dunkerton has been appointed to the role of CEO on a permanent basis until April 2021. The news comes after Dunkerton returned as interim CEO on the 2 April 2019, after he won the support of 51.15% of its shareholders to…

Read More »

Retail footfall slumps 10% over last seven years

Retail footfall has dropped by 10% in the last seven years, according to the latest footfall figures from the BRC and Springboard. It comes amid another month of declining footfall, as the number of shoppers visiting high streets stores dropped by 1.7% in September, compared with the same point last…

Read More »

Notonthehighstreet sees operating profits double in full-year results

Online gifts retailer Notonthehighstreet saw its operating EBITDA profits increase to £3.1m in 2019, from £1.7m the previous year. The retailer said this was the result of a “more targeted marketing strategy”, and it reported an improved performance in the second half of the year. It said total sales were…

Read More »

Returns: Can you charge the customer?

“Can I charge for returns?” Well… Yes. But of course, it isn’t quite as simple as that. What to do about returns is one of the biggest challenges facing internet retailing. Fast fashion – and ASOS in particular – have struggled to deal with the increasing tendency for consumers (particularly…

Read More »

Khaadi Fashion rescued after pre-pack administration

Asian clothing retailer Khaadi Fashion has been rescued after a pre-pack administration, saving the majority of its staff’s jobs. The Pakistani fashion and lifestyle brand was founded in 2013 and had operated from 10 stores nationwide in shopping centres such as Westfield London, Westfield Stratford, Bullring Birmingham and Trafford Centre…

Read More »

Brexit concerns lead to slump in retail spending in September

Concerns over a no-deal Brexit led to a decrease in consumer spending in September, according to new figures from the BRC. On a total basis, sales decreased by 1.3% in the five weeks to 28 September 2019, against an increase of 0.7% during the same period last year. This is…

Read More »

Quiz revenues dip 5% amid ‘challenging’ UK retail environment

Fashion retailer Quiz has reported a 5% drop in group revenue to £63.3m for the first half of 2019, against the backdrop of a “difficult UK retail environment”. For the six months to 30 September 2019, online revenues grew by 7% to £20m, compared with £18.7m last year, and sales…

Read More »

How intelligent analytics is transforming retail

Once upon a time, data was a mere afterthought in retail. A ‘nice to have’ that was ineffectually displayed via bar charts and graphs in order to temporarily placate senior execs and stakeholders. But, as technology evolved, so came the supreme rise of analytics. Retail marketing teams were one of…

Read More »

HMV opens Europe’s largest entertainment store in Birmingham

HMV has opened a new 25,000 sq ft megastore in Birmingham, making it the largest entertainment store in Europe, as its new Canadian owner attempts to kick off its revival. The HMV Vault, will be home to approximately 80,000 CDs, 25,000 vinyl albums, 40,000 DVDs and 20,000 Blu-ray discs, as…

Read More »