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Online & Digital
Asos and Zalando retail tycoon loses children in Sri Lanka attacks
Anders Holch Povlsen, a Danish billionaire with stakes in both Asos and Zalando, has lost three of his four children…
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Department Stores
Debenhams CEO exits
Sergio Bucher, CEO of department store Debenhams, has stepped down from his role just a week after the company went…
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Clothing & Shoes
Sports Direct sells flagship Dublin store for ยฃ17.3m
Sports Direct has reportedly sold its flagship Dublin store for โฌ20m (ยฃ17.3m) in an off-market sale-and-leaseback deal to an unnamed…
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Economy
Shopping centre landlords offer free space to retailers
Revo, the organisation that represents the retail community, has launched a new competition to give budding retail entrepreneurs free space…
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Clothing & Shoes
Monsoon Accessorize set to close โdozensโ of stores
Womenโs clothing and accessories retailer Monsoon Accessorize is reportedly preparing to enter a CVA which could see it close dozens…
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Economy
Springboard predicts Easter weekend footfall to ‘bounce back’
According to retail experts Springboard, Easter weekend UK footfall is forecast to rise by +2.1%, bringing a โsigh of reliefโ…
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Clothing & Shoes
Bonmarche: Philip Day offer ‘undervalues’ business
Womenswear retailer Bonmarche has said Philip Dayโs ยฃ5.7m acquisition of the company โmaterially undervaluesโ the business and its future prospects.…
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High Street
US deal puts dent in WHSmith profits
WHSmithโs profit before tax dropped by 21% to ยฃ65m, following the retailerโs acquisition of American airport store In Motion for…
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Department Stores
Mike Ashley promises to ‘save’ Debenhams
Mike Ashley has made a promise to โsave as many Debenhams stores and jobsโ as he can similarly to House…
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Department Stores
Debenhams enters pre-pack administration
Debenhams has entered pre-pack administration and gone into the control of its lenders following the department storeโs rejection of Sports…
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