Mothercare closes all UK stores
This Sunday marked the end of an era for collapsed maternity retailer Mothercare, with the last of its 79 UK stores closing for good.
This Sunday marked the end of an era for collapsed maternity retailer Mothercare, with the last of its 79 UK stores closing for good.
Icon Outlet at the O2 enjoyed a strong increase in footfall and like-for-like sales during the holiday period, with strong growth across the beauty, footwear and fashion categories.
Jack Murphy, an Irish label dedicated to premium country clothing, has gone into liquidation after suffering mounting losses.
Perfumery retailer The Fragrance Shop said its Christmas trading was positive, boosted by its omnichannel positioning in a market that was tough. But its annual profits dropped due to the market’s discount frenzy.
The outgoing managing director of John Lewis Partnership will collect up to £750,000 from the company after quitting her post.
Lush’s success with larger-format stores is leading it to look at former Debenhams and House of Fraser sites as possible spaces into which it can expand, a report said on Monday.
Shop Direct’s previously-announced plan to rebrand itself to the name of its most successful retail site has been put into operation as of Monday with the e-tail giant now known as The Very Group.
The turnaround at Jaeger and Austin Reed is continuing with its owner planning to open a new Jaeger flagship store that would also sell Austin Reed, plus heritage brand Viyella.
The deal was funded by True, the retail investment firm which owns a majority stake in Frugi, via a further investment in the sustainable childrenswear business.
UK footfall fell 2.5% in December, according to tracking specialist Springboard, the latest in a string of falls that has seen every year but one in the past decade enduring a December drop.
Venerable department stores chain Beales has warned that it could be forced to file for administration if it doesn’t clinch a sale in the next few days, putting 1,000 jobs at its 22 stores at risk.
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