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Luxury Goods
Louis Vuitton buys Tiffany for $16bn
Louis Vuitton (LVMH) has announced a “definitive” agreement with Tiffany and Co., whereby it will acquire the luxury jewellers for…
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People Moves
Landsec appoints new CEO
Land Securities Group (Landsec) has appointed Mark Allan as new CEO, the retail property group announced today. His role will…
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Clothing & Shoes
Burberry introduces 18 week parental leave
Burberry will launch a new global parental leave policy, it was announced today. The new policy will offer all employees…
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DIY
Kingfisher sales take a tumble in Q3
Kingfisher, the parent company of B&Q and Screwfix, has announced a poor quarter of sales in its latest trading update.…
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High Street
Almost 6000 shops closed by major retailers this year, research finds
British retailing may be in “crisis”, after new figures from the Centre of Retail Research revealed that large high street…
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Department Stores
John Lewis and Waitrose to launch first ever concept store
John Lewis and Waitrose have announced the launch of a new ‘concept’ store, set to open in Southampton later this…
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High Street
Co-op announces David McKnight as new director
The Co-operative has confirmed the appointment of David McKnight as new managing director of the Federal Retail and Trading Services.…
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High Street
Card Factory sales boosted by group expansion
Card Factory welcomed a strong performance this financial year, with a 5% rise in group sales in the year to…
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Government
Government must ‘play its part’ to support retail sector, says BRC
The incoming government must take action to fully support to the retail sector, the BRC has urged in its latest…
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High Street
Brexit woes and wet weather dampen October footfall
Retail footfall faced further decline in the month of October, according to new figures from the BRC-Springboard Footfall and Vacancies…
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