Ann Summers
This coverage examines Ann Summers’ position and strategy in the UK lingerie and lifestyle retail market. Reporting highlights store operations, e-commerce growth, brand campaigns, product innovation, financial performance, and leadership changes — offering insights for retail executives, brand managers, and professionals managing fashion, lifestyle, and specialty retail brands.
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Jul- 2024 -1 JulyOnline & Digital
Ann Summers to unveil lingerie-specific online marketplace
Ann Summers has announced that it will be unveiling an online marketplace – Knickerbox.com – on 16 July, founder Jacqueline Gold’s birthday. This move by the lingerie retailer will be “the only underwear specific site in the UK”. According to Ann Summers, Knickerbox.com is the solution to its online business…
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Jun- 2024 -12 JuneShopping Centres
Derbion to welcome new B&M store in July
Bargain and variety retailer B&M will be opening a 25,503 sq ft store at Derbion on Friday 26 July. The arrival follows an announcement that Debrion is investing over £5m in three new concept stores for JD, New Look and Ann Summers, with Ann Summers opening its doors last month. …
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Apr- 2024 -18 AprilNews
Metrocentre to welcome trio of retail brands
Metrocentre’s Green Mall is set to welcome specialist kitchenware brand ProCook, footwear retailer Clarks, and lingerie brand Victoria’s Secret. ProCook is set to open a 3,326 sq ft space in Metrocentre’s Lower Green Mall later this year. The kitchenware brand will stock a wide range of high-quality cookware, knives, tableware,…
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Mar- 2024 -15 MarchNews
Today’s news in brief-15/3/24
After 14 years of service, Iain McDonald, a non-executive director at THG, has announced his intention to step down from his position. McDonald has been instrumental in guiding THG’s growth and evolution into a global leader across Beauty, Nutrition, and Technology sectors. The board, upon his departure, will consist of…
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15 MarchHigh Street
Ann Summers appoints finance director amid CFO retirement
Ann Summers has announced that Kristina Moln-Page has been promoted to the role of finance director, effective from 1 July 2024. She will succeed John Boyle, who will be retiring as chief financial officer after working for Ann Summers for 11 years. Moln-Page will have responsibility for the finance and…
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12 MarchNews
Today’s news in brief-12/3/24
Superdry is in talks with Hilco Capital for a loan of up to £20m. This loan would support the company’s ongoing turnaround efforts and provide liquidity for its operational needs, including managing seasonal working capital peaks. Additionally, Superdry aims to extend the maturity date of its facilities with Hilco. These…
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12 MarchHigh Street
Ann Summers profits hit £61.8m in FY23
Ann Summers has reported that gross profits for the 53-week period to 1 July 2023 hit £61.8m, spelling a 3% rise on the £60m reported in the prior year. The lingerie retailer has attributed its performance during the year to in-store sales growing by 12% year-on-year, as more consumers returned…
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Jan- 2024 -5 JanuaryNews
Today’s news in brief-5/1/24
Asda and Usdaw have signed a collective bargaining agreement, enabling the union to represent hourly-paid employees in convenience stores and Leon restaurants acquired from EG Group. Usdaw will negotiate on pay, hours, and holidays annually for employees across 356 convenience stores and 77 Leon restaurant sites. Asda’s Chief People and…
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5 JanuaryNews
Ann Summers secures £8m funding to bolster growth
British retailer Ann Summers has secured £8m in asset-based funding from Secure Trust Bank Commercial Finance, Retail Week has revealed. The deal will help the retailer bolster its physical and online retail offerings, on top of “boosting working capital across the business.” Ann Summers chief financial officer John Boyle said:…
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Dec- 2023 -20 DecemberPeople Moves
Direct Selling Association appoints new board chair
The UK trade body for direct-to-consumer retail, the Direct Selling Association (DSA), has announced the appointment of Ayo Olaseinde as the new chairman of the board. Olaseinde, who joined the DSA board earlier this year, takes on the chair role alongside his position as president at Saladmaster, the US-based international…
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