Manchester
This coverage highlights retail activity, trends, and developments in Manchester, a key UK retail hub. Reporting includes store openings and closures, property developments, local economic impacts, retail performance data, and insights into regional strategies by national and independent brands. Tailored for executives and managers, it supports strategic planning for those engaged in retail operations and expansion in the North West.
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Dec- 2024 -6 DecemberClothing & Shoes
Ex-Boohoo CEO left amid stalking concerns
Ex-Boohoo CEO John Lyttle resigned from his post in October amid claims he was being stalked alongside several other Boohoo employees. The former boss is thought to have mentioned the stalking and surveillance concerns as reasons for his departure, according to reports from The Times. It comes as police forces…
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5 DecemberNews-In-Brief
Today’s news in brief-5/12/24
Police are investigating stalking and corporate espionage allegations from Boohoo executives, including CEO Dan Finley and co-founder Mahmud Kamani. Reports suggest the executives have been followed and watched in Manchester, London, and Kent, with Kamani allegedly assaulted and ex-CEO John Lyttle encountering trespassers. Surveillance equipment found outside Boohoo’s Manchester office…
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5 DecemberNews
Aldi to open four new stores across the UK
Aldi is set to open the doors to four new stores today (5 December) as it continues its rapid expansion drive across the UK. The stores will be located at Cribbs Causeway in Bristol, Hetton-le-Hole in Tyne and Wear, Ashton-in-Makerfield in Greater Manchester, and Macduff in Banffshire, creating more than…
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5 DecemberClothing & Shoes
Police investigating stalking claims from Boohoo
Police are investigating claims of stalking and corporate espionage made by several executives from Boohoo, according to reports from The Times. Police forces in Manchester and Kent are looking into reports of stalking offences understood to be aimed at Boohoo group CEO Dan Finley, former boss John Lyttle and co-founder…
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5 DecemberLuxury Goods
Watches of Switzerland profits dip 39% despite revenue surge
Watches of Switzerland has reported a 39% decline in its profit before tax from £67m to £41m despite a 4% increase in revenues to £785m, driven by strong demand in the US. According to the group, its profits were affected by acquisition-related costs and integration efforts. For the 26 weeks…
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Nov- 2024 -26 NovemberNews-In-Brief
Today’s news in brief-26/11/24
AO World has raised its full-year profit forecast to between £39m-£44m after reporting a 30% rise in pre-tax profits to £17m for the six months ending 30 September. Despite adverse summer trading conditions due to wet weather, which affected cooling product sales, AO’s B2C retail revenue grew 13%. Group revenue…
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26 NovemberAdvice
Reinventing loyalty: Josh Graham’s vision for mobile-driven retail
Josh Graham, co-founder and chief marketing officer of Airtime Rewards, reflects on a journey that began in the aisles of an independent menswear store and now sees him at the forefront of mobile-driven retail innovation. With nearly a decade of Airtime Rewards behind him, Graham is helping redefine how retailers…
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26 NovemberClothing & Shoes
Represent sells minority stake to investment firm True
Luxury brand Represent has sold a minority stake to investment and innovation firm True to accelerate its growth and global expansion. To help continue the brand’s success, True is also leveraging its experience in the consumer and retail sectors to accelerate growth across the world, channels, and categories — starting…
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6 NovemberSupermarkets
Aldi to open 11 new UK stores ahead of Christmas
Aldi is set to open 11 new stores across the UK between now and Christmas. New stores in Sedgley in the West Midlands and Castle Douglas in Scotland are set to open this week, while Horsham in West Sussex and Muswell Hill in London are also gearing up to welcome…
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4 NovemberNews-In-Brief
Today’s news in brief-4/11/24
Asda co-owner Mohsin Issa and partner Victoria Price have taken a substantial stake in the Manchester-based secondhand clothing platform GoThrift through their new investment fund, Boulder Investco. Established to support high-growth UK startups, Boulder Investco has also committed £10m to the Liverpool-based protein supplement company Applied Nutrition. Issa, a key…
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