Poundland’s anticipated acquisition of 99p Stores, which would create a combined network of around 800 UK stores, has been provisionally cleared by the Competition and Markets Authority (CMA). The deal is valued at around £55m. After the CMA referred the proposed takeover for an in-depth phase 2 investigation in April, the watchdog initially concluded that... Continue Reading →
Apple has taken over all 24 windows at Selfridges on London's Oxford Street, with a focus on the Apple Watch. The windows have been designed to reflect both companies' dedication to beauty and design. For its most personal device ever, Apple has collaborated with the world's top department stores and speciality boutiques to provide bespoke... Continue Reading →
WHSmith accused of hiking prices at hospitals Shop forcing people to pay almost double for some items in hospital stores A4 notepad was £12.99 in hospital outlet compared to £8.99 on High Street MP Paula Sherriff called the practice 'exploitative' and 'completely unfair' Comes after company demanded boarding cards at airports without passing on VAT... Continue Reading →
The UAE Ministry of Economy has denied giving 100 per cent foreign ownership to Apple for opening its stores in the UAE. Bloomberg News agency, quoting two people with knowledge of the matter, said Apple is likely to be exempted from foreign ownership laws in the UAE. The agency said the privilege was a... Continue Reading →
New BhS Owner Seeks £70m For Revival Plan The new owners of BhS, the department store chain, are in talks to raise tens of millions of pounds in funding just months after acquiring it from Sir Philip Green, the billionaire retailer. Sky News has learnt that Retail Acquisitions, the little-known vehicle which bought BhS in... Continue Reading →
The highly anticipated Apple Inc. (NASDAQ:AAPL) retail store opening in Dubai was delayed and may not open until October or even later. The store, which would have been a first for the United Arab Emirates, is set to be located inside the Mall of Emirates. Everything else involving the upcoming store opening remains unchanged. It... Continue Reading →
Hamleys will face fresh competition when The Toy Store opens on Oxford Street THE MIDDLE Eastern owner of Hamleys’ rival, The Toy Store, is said to be considering a takeover bid for the country’s most famous toy shop. Gulf Greetings has sent a letter of intent to Hamleys’ French owner Ludendo, highlighting its interest in... Continue Reading →
Lifestyle clothing brand FatFace has announced that its total sales increased by 2.7% to £205.4m for the 52 weeks to 30th May 2015. The UK retailer puts the increase of sales down to the continued growth of e-commerce and UK store expansion. Fat Face invested £9m across its stores, ecommerce and IT during the period... Continue Reading →
Apple Said to Plan Dubai Stores After Winning Exemptions Apple Inc. has been granted an exemption from foreign ownership laws in the United Arab Emirates that will allow it 100 percent control of operations in the country, according to two people with knowledge of the matter. The dispensation was a condition for the world’s largest... Continue Reading →
The Foschini Group has launched the first entirely tween-focused brand in South Africa, Soda Bloc. The new fashion brand aims to kit out fashionistas aged 9 to 16 in clothing, accessories and footwear to suit their lifestyles... TFG launches tween-focused clothing brand"Soda Bloc inspires tweens to be youths: be fun, be different, be informed, be... Continue Reading →
British fashion retailer Austin Reed has announced that it plans on selling its Regent Street Flagship store following the closure of 31 stores earlier this year. The company, which also includes mainstream womenswear retailers Viyella and CC has appointed property agents James Andrew International to sell its 35,000 sq ft store at 100 Regent Street.... Continue Reading →
Asda has recorded its worst-ever quarterly sales figures. Asda has had its worst sales performance in its 50 year history, hit by ferocious competition for customers in which rivals have slashed prices and issued millions of discount vouchers. Asda boss Andy Clarke insisted the supermarket had reached its “nadir” and would bounce back after revealing... Continue Reading →
Primark store Oxford Street London The firm opened its first store in the UK in 1973 The Irish clothing retailer Primark has announced it is to open its first store in the United States. The shop will open at Downtown Crossing in Boston in September. Primark said it planned to open a further seven... Continue Reading →
Shops at airports are facing a consumer revolt over claims that retailers are asking customers to show boarding cards to avoid paying VAT without passing discounts on to customers. Customers of prominent stores including WH Smith, Boots and Dixons have pledged on social media not to show their boarding passes at airports and urged their... Continue Reading →
Less than a month since Marks and Spencer’s Head of General Merchandise, John Dixon, announced his shock departure (after 26 years with the business), the British retailer’s Womenswear Director has also left. Frances Russell was tasked with the challenge of turning the high street bellwether’s Womenswear division around. She was assumed the best person for... Continue Reading →
Jimmy Choo’s newest flagship store is its largest in Hong Kong, covering 158-square-metre flagship. Set in the heart of Tsim Sha Tsui, on Canton Road within the Gateway Arcade (Harbour City) the new Jimmy Choo store is the first store of the brand in Hong Kong to provide a full range of men and women’s... Continue Reading →
The Clicks Group is pleased to bring Claire’s, one of the world’s leading specialty retailers of fashionable jewellery and accessories for young women, teens, tweens, and kids, to South Africa. Known as the number 1 ear piercer in the world, having pierced over 90 million ears globally, and with over 50 years of... Continue Reading →
Baskin-Robbins, the world’s largest chain of ice cream specialty shops, today announced plans to develop restaurants across Northern Ireland and The Republic of Ireland. This effort is part of Dunkin’ Brands’ ongoing strategy to increase its presence across Europe, a key region for the Baskin-Robbins brand, as it continues to grow globally. Baskin-Robbins is... Continue Reading →
10 Dubai projects to watch out for These mixed-use developments in Dubai boast several superlatives and are set to transform the city's skyline,l Dubai never ceases to amaze you. With several iconic buildings such as the Burj Al Arab, the Palm Jumeirah and Burj Khalifa, the city is an epitome of architectural largesse. In the... Continue Reading →
Fashion retailer New Look plans to open a chain of menswear stores in one of the first moves by its new billionaire owner. And while it says it has no immediate plans to open here, it's something which could be considered in the future. It now operates around two dozen stores in Northern... Continue Reading →
It’s August 3rd – and Selfridges becomes the first store to launch its Christmas range with just 143 shopping days to go… Selfridges launches its festive shop, despite there still being 143 shopping days to go until Christmas Day Store in London's Oxford Street has filled 3,000 square feet on its fourth floor with decorations... Continue Reading →
Lingerie retailer Boux Avenue has announced that it will open a flagship store on London’s Oxford Street, later this year. The 3,000 square foot store will become the most central London store for the retailer and is expected to open as early as September or October. It will offer the brand’s full range of lingerie,... Continue Reading →
Products available at Sun & Sand Sports, Adventure HQ, Impressions Dubai: US-based footwear brand Keen has launched its product range in the Gulf Cooperation Council (GCC), according to company statement on Tuesday. The brand’s products are being distributed in the GCC countries by Hadi Enterprises, a division of Al Abbas Group. The products are available... Continue Reading →
Department store group John Lewis is hoping to attract fashionistas with new boutiques in its large stores showcasing top brands including Nike and Bruuns Bazaar. Known for its hold on Middle England, the group is raising its fashion appeal with the new concept called ‘Found at John Lewis’. The first will be launched at its... Continue Reading →
UAE. LVMH-owned beauty retailer Sephora has made its global airport debut at Abu Dhabi International, through Abu Dhabi Duty Free and retail partner DFS. The airport will be home to two pop-up Sephora outlets, in terminals 1 and 3. The stores will open between 1 August and 31 October. The offer will include Sephora’s own... Continue Reading →
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