AllSaints
This coverage examines AllSaints’ performance and strategy in the UK retail market, offering insights for retail executives, managers, and brand professionals. Reporting includes store openings and refurbishments, marketing initiatives, leadership changes, financial results, and the brand’s positioning in the premium fashion sector. The analysis supports strategic planning by highlighting how AllSaints engages customers, drives growth, and competes within a dynamic retail environment.
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Oct- 2024 -23 OctoberNews-In-Brief
Today’s news in brief-23/10/24
Chancellor Rachel Reeves is reportedly considering imposing higher taxes on Amazon as part of a broader effort to support British high streets, which have been struggling to compete with online giants. The proposed measures could come after her upcoming autumn budget, which is expected to introduce tax hikes and spending…
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23 OctoberClothing & Shoes
All Saints appoints new ecommerce director
All Saints has appointed Liam Pryce as its new ecommerce director. Pryce joins All Saints after working for four years with FatFace as a digital director. During his term at FatFace, Pryce supported the migration of its operations to Next Total Platform. Throughout his retail career, he also worked with…
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8 OctoberClothing & Shoes
Sosandar opens fourth site in Cardiff
Sosandar, the women’s fashion brand, has announced that it has signed a lease agreement for its fourth store, in Cardiff’s St David’s centre. The news follows the recent store openings in Chelmsford, Marlow and the Metrocentre. St David’s occupies one third of Cardiff’s city centre and Sosandar’s new store will…
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Sep- 2024 -17 SeptemberNews
Today’s news in brief-17/9/24
THG (The Hut Group) has announced plans to potentially demerge its technology arm, THG Ingenuity. This move follows the group’s interim results for the half-year ending June 30, 2024, which showed a 1.6% rise in adjusted EBITDA despite a 3.6% decline in year-on-year sales. THG Ingenuity saw a notable 12.6%…
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17 SeptemberClothing & Shoes
AllSaints FY operating profit jumps 40% to £39.9m
AllSaints has reported a “record performance” as its operating profit rose 40% to £39.9m for the year ended 3 February 2024. In the 12 months, total revenue edged up 0.6% to £459.5m as the brand reduced its promotional and markdown activity and changed its sales mix due to the focus…
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Aug- 2023 -7 AugustClothing & Shoes
All Saints reports ‘record’ sales of £457m in FY23
All Saints has reported “record” sales and profit performance as it saw its total revenues increase 36% to £457.0m for the year-ended 28 January 2023. It said that its product development, ecommerce excellence, a growing global store network, and rigorous inventory management helped to deliver “best-ever” performance. Its operating profit…
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May- 2022 -13 MayPeople Moves
BRC board welcomes Kingfisher and AllSaints executives
The British Retail Consortium (BRC) has announced that Kate Seljeflot and Peter Wood have joined its board as non-executive directors. Seljeflot is currently the chief people officer at Kingfisher, a company whose brands include B&Q and Screwfix. The BRC said she has a “breadth” of experience in retail and business…
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Jul- 2021 -12 JulyClothing & Shoes
Cath Kidston appoints new CCO
Cath Kidston has announced that Suzanne Egleton has been appointed as chief commercial officer (CCO) in a newly created role for the brand that oversees all revenue channels of lifestyle retailers. Egleton is a seasoned digital leader with experience in global fashion and lifestyle brands, with her most recent roles…
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Jul- 2020 -7 JulyClothing & Shoes
Allsaints creditors approve CVA
Allsaints has revealed it has received the greenlight from its creditors to go ahead with its planned CVA that will see most of its stores move to a turnover-based rent system. The proposals, which were voted on separately by creditors in the UK and in the US, received 93% and…
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Jun- 2020 -18 JuneClothing & Shoes
Allsaints launches CVA proposal
Clothing retailer Allsaints has revealed the launch of a CVA proposal that aims to restructure both its UK and US store portfolio and move to a turnover-based rent structure due to the impact of the coronavirus pandemic. Allsaints said the move comes despite year-on-year revenue growth for five successive years.…
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