Fenwick
This coverage explores Fenwick’s performance and strategy within the UK retail sector. Stay informed on new store openings, product launches, customer experience initiatives, and brand partnerships. Designed for retail professionals in department stores, luxury goods, and fashion, our reporting offers valuable insights into Fenwick’s market positioning and its approach to evolving consumer expectations.
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Mar- 2025 -17 MarchNews-In-Brief
Today’s news in brief-17/3/25
Fenwick, the family-owned retailer, is facing significant financial challenges, with pre-tax losses widening to £38.1m in the year to January 2024, up from £28.4m the previous year. The company has been operating at a loss for six years due to high inflation, increased costs, and tough market conditions. Despite efforts…
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17 MarchDepartment Stores
Fenwick eyes restructuring as losses widen
Fenwick has reportedly called in restructuring professionals from AlixPartners as it looks to address its mounting losses and cost pressures, according to The Times. The news comes as the family-owned company, which operates a total of eight stores across the country, saw its pre-tax losses widen to £38.1m in the…
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Feb- 2025 -7 FebruaryPeople Moves
John Lewis appoints Net-A-Porter MD as CCO
John Lewis has announced the appointment of Vikki Kavanagh as chief commercial officer to run the retailer’s commercial function. Kavanagh joins John Lewis from Yoox Net-A-Porter Group where she most recently served as managing director of both Net-A-Porter and Mr Porter. Before her MD positions, Kavanagh previously held senior buying…
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Jan- 2025 -8 JanuaryComment
Blomma Beauty: Where natural skincare meets experiential retail
Karen MacDonald, owner of natural beauty retailer Blomma Beauty, has created a vibrant haven for natural and organic skincare enthusiasts in the heart of London’s Coal Drops Yard. Her journey from retail buying to founding a unique experiential store is a testament to the power of persistence, adaptability, and a…
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Oct- 2024 -14 OctoberDepartment Stores
Fenwick unveils largest beauty hall outside of London
Fenwick has unveiled the opening of the largest beauty hall outside of London located in Newcastle. At 26,000 sq ft, the newly reimagined space is a testament to Fenwick’s dedication to creating an “innovative” in-store shopping experience, featuring two new enlarged atriums, 56 ft of facade windows looking out onto…
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Sep- 2024 -18 SeptemberHealth & Beauty
Sephora opens new store in Eldon Square
Global beauty retailer Sephora has announced the opening of its new store in Eldon Square shopping centre, Newcastle. Sephora has taken over a 6,515 sq ft unit to offer shoppers a wide array of brands across beauty, cosmetics, haircare, skincare and more. The Newcastle opening is the fourth store for…
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Jul- 2024 -31 JulyPeople Moves
Fenwick appoints new CEO
Fenwick has appointed Nigel Blow, the current CEO of department store Morleys, as its new chief executive officer. His appointment comes as Fenwick CEO John Edgar leaves business after four and a half years, as part of “wider changes” to its senior management structure. The appointment of Blow, who joins the…
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Apr- 2024 -30 AprilOnline & Digital
Barclay family’s Abu Dhabi backers plan Very sale
The Barclay family’s Gulf-based backer Redbird IMI is reportedly planning a sale of Very Group as it seeks to unwind a £1.2bn refinancing of the family’s debts, according to the Times. RedBird IMI, the joint venture that is part-funded by Sheikh Mansour bin Zayed bin Sultan al-Nahyan and American private…
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9 AprilNews
Today’s news in brief-9/4/24
No Ordinary Designer Label Limited (NODL), the retailers of the Ted Baker brand in the UK and Europe, will close 11 stores by 19 April. This decision follows the appointment of administrators and is aimed at improving the company’s performance. Authentic Brands Group, the intellectual property owner of Ted Baker,…
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9 AprilNews
The Very Group promotes Robbie Feather to CEO
The Very Group, operator of digital retailer Very, has promoted Robbie Feather to the position of group CEO succeeding Lionel Desclée, who has chosen to step down and pursue new opportunities. Feather, who joined The Very Group in 2021, previously led the company’s retail team, which includes all category sourcing,…
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