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.
-
Oct- 2023 -13 OctoberNews
Today’s news in brief-13/10/23
The John Lewis Partnership has appointed Martin Gafsen as its new director of property. Gafsen, previously the interim corporate finance director at Royal Mail, brings extensive experience in property management. He led the strategy for Royal Mail’s nationwide freehold and leasehold estate for 16 years. Additionally, Gafsen was responsible for…
Read More » -
13 OctoberNews
Miniso opens new flagship store on Oxford Street
Globally recognised lifestyle retailer Miniso has signed a five-year lease for its new flagship store on Oxford Street. The retailer has become the latest one signing a new agreement in the block following the likes of Claire’s, Ann Summers and Intimissimi. The property provides approximately 3,200 ft of retail accommodation…
Read More » -
Sep- 2023 -15 SeptemberHigh Street
Ann Summers partners with DSA
Ann Summers has joined the UK trade body for direct-to-consumer retail, the Direct Selling Association (DSA), as it looks to focus on its direct sales channel. Currently, the retailer has joined the DSA as a prospective member, whilst the full membership audit process is carried out. According to the DSA,…
Read More » -
8 SeptemberClothing & Shoes
Ann Summers plans expansion amid strong FY results
Ann Summers has seen its turnover rise by 7.4% to £100.1m in the year ended 25 June 2022, with plans to open more stores following the strong full-year results. In its latest Companies House filings, the group also reported that sales were up by 7.6% against the prior year, and…
Read More » -
Jun- 2023 -16 JuneHigh Street
WHSmith partners with Retail Trust to boost staff wellbeing
WHSmith is introducing new measures to support its employees’ health and happiness after partnering with retail industry charity the Retail Trust to help boost staff wellbeing. The group’s 12,000 plus employees and their families now have access to a range of personalised resources including the Retail Trust’s wellbeing helpline, counselling…
Read More » -
Mar- 2023 -20 MarchClothing & Shoes
Former Ann Summers boss dies aged 62
British lingerie and sex toy retailer Ann Summers has recently announced the passing of its former chief executive, Jaqueline Gold at age 62. The business was part of her father David Gold’s empire and she joined the team in 1987 at the age of 19. Despite having little business experience,…
Read More » -
Dec- 2020 -24 DecemberHigh Street
Ann Summers CVA approved by creditors
Ann Summers has announced that its CVA has been approved by 90% of its creditors, which will see 25 of its stores move to a turnover-based rent system. In a statement, the lingerie store outlined the plans of the agreement with additional funding of up to £10m now being made…
Read More » -
Oct- 2020 -6 OctoberClothing & Shoes
Ann Summers moves towards CVA
Ann Summers has suggested that it is likely to launch a CVA after the lingerie retailer failed to negotiate rental terms with landlords. The company has started talks with the British Property Federation, which would likely lead to the beginning of the insolvency process. More than half of the landlords…
Read More » -
Oct- 2019 -24 OctoberPeople Moves
Debenhams poised to name Mark Gifford as new chairman
Debenhams is reportedly about to name Mark Gifford, former chief financial officer at House of Fraser, as its new chairman. According to Sky News, Gifford’s appointment as chairman of Debenhams holding company, Celine Holdings, could be revealed by the end of this week. His career included being the chief financial…
Read More » -
Apr- 2019 -8 AprilClothing & Shoes
Ann Summers calls in advisers after £3.3m loss
Lingerie retailer, Ann Summers, has announced it has appointed a property adviser in order to help with rent reductions, after a £3.3m loss last year replaced a £2.9m profit in the year previous. The retailer blamed rising store costs along with the fall of sterling due to Brexit, which it…
Read More »
