Year: 2019

Boohoo launches first recycled collection

Online clothing retailer Boohoo has launched its first dedicated recycled fashion range. Made using recycled polyester, the fabric is created from plastic that has been directed away from landfill and repurposed to produce new yarn. Boohoo said the aim of the collection “was to not to compromise on style”, and…

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Former BHS owner in court over tax evasion allegations

Former BHS owner Dominic Chappell is to appear in court today (18 June) on accusations of tax evasion in relation to a finance company at which he was the director. Chappell is due to appear at the City of London Magistrates Court, facing three charges of cheating the public revenue…

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Gov rejects MPs’ sustainable fashion recommendations

The government has rejected all the recommendations made by the Environmental Audit Committee (ECA) in February with the aim to “end the era of throwaway fashion”. The MPs published its report called Fixing Fashion Report: Clothing Consumption and Sustainability following the end of its sustainability of the fashion industry inquiry.…

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How retailers can use cloud computing to drive sales

Cloud computing can sometimes be misconstrued as a toolset only to be used by system integrators and software engineers. But that view is now out of date – Cloud technology is transforming marketing as we know it, and it is becoming the basic toolset for all marketers today. At its…

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Personalised delivery is the future for retailers

The retail and e-commerce marketplace is extremely crowded, with hundreds of brands constantly competing against each other to win basket conversions. It’s no secret that many retailers, especially those based on the UK high-streets, have been struggling over the past few years. Big brands including Debenhams, John Lewis and Mothercare…

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Superdrug profits slide in 2018 amid ‘challenging times’

Health and beauty retailer Superdrug has reported pre-tax profit of £88.3m for the year ending 29 December 2018, down from £92.9m in 2017. However, the retailer reported “solid performance” during the year despite this, with an increased market share to 9.8% (from 9.2% in 2017) and increased total revenue by…

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Tailoring the consumer experience

Consumers are increasingly looking for more personal, community-orientated shopping experiences, with a recent IRI survey highlighting that over 50% of UK customers prefer to shop local. While 10 years ago this meant visiting the 7-11 corner shop, a high street butcher or your local fashion store, the revolution of retail…

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US landlords file legal challenge against Arcadia CVA

A group of US landlords have filed a legal challenge against Philip Green’s Arcadia in light of the company voluntary agreements (CVAs) that were agreed last week, which will see its US subsidiary enter administration. According to The Sunday Times the group of property investment companies, led by Vornado, accuse…

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Jigsaw appoints new board members

Retail brand Jigsaw, has appointed four new members to its board, after £20m investment saved the company last year. Despina Don-Wauchope, a former head of finance at property group Land Securities, has been appointed as the company’s new finance director. Richard Walker, a non executive director at car dealership chain…

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20,000 shops gone from high street since 2010

Since 2010 more than 20,000 shops have “disappeared” from high streets and the communities that they once served, according to the real estate advisor, Altus Group. Analysis of official government data by Altus Group revealed that between 2010 and 2019, 20,143 shops in England and Wales – liable for business…

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