Christopher Bailey to leave Burberry by the end of 2018

London - The man who has been credited with transforming Burberry into the UK's leading luxury fashion house is set to leave his role. President and Chief Creative Officer at Burberry, Christopher Bailey, is set to leave the company by the end of 2018, marking the end of his 17-year tenure. The heritage fashion house... Continue Reading →

Asda appoints Roger Burnley as new president and CEO

by The Retail Bulletin He will succeed current chief executive Sean Clarke who has held the position since July 2016. In a statement, the company said Clarke will be “taking some time out” but will “remain engaged” with Walmart. Burnley returned to Asda as chief operating officer and deputy chief executive in October 2016 and... Continue Reading →

Lloyds Pharmacy closes 190 store

Lloyds Pharmacy closes 190 stores, blaming government cuts Reduced funding, higher business rates and the apprenticeship levy created ‘challenging market conditions’ Lloyds Pharmacy has announced it will close nearly 200 stores across England because of changes in government policy, with its parent company also blaming funding cuts and the apprenticeship levy. In an internal letter... Continue Reading →

Debenhams launches first Australian store

by The Retail Bulletin The small format shop in Melbourne is the first site operated with Debenhams’ franchise partner Pepkor, which is part of the Steinhoff Group. Spanning 3,600 square metres across two floors, the store is the first of its kind for Debenhams and marks a shift away from the traditional department store format... Continue Reading →

Retail revamp for Dublin airport T2

Daa, the operator of Dublin airport, has confirmed the main retail area in the departures lounge of terminal two at the airport is set to be revamped. Tender documents seen by DFNIonline show daa is looking for a panel of six construction companies to work on the refit, which will include the fit out of a 1,350sq... Continue Reading →

Alfred Dunhill unveils new retail concept in Beijing

Luxury men’s fashion and accessories brand Alfred Dunhill has opened a new store in Beijing. Nestled on Jianguo Road in the Chaoyang District, the latest China branch is located on Level 2 of Beijing’s SKP Shopping Centre. It features Dunhill’s famous retail Home design concept: elegant, sophisticated and masculine, with design accents that mimic Dunhill’s... Continue Reading →

Galvan open first retail space in London

Womenswear brand Galvan is set to open its debut retail concept, which will comprise of a showroom, bridal atelier, office, and archive space for the independent label. Located at Clarendon Cross, Notting Hill, the studio will allow customer to purchase current collection, pre-order from next collection, as well as place orders from Galvan’s archive of... Continue Reading →

Fat Face ramps up festive closures

Lifestyle retailer Fat Face will extend its closing times during the festive break and plans to shut 40 stores on Boxing Day, Drapers has learned. The Boxing Day closures, which take place on the same day its winter Sale period starts, are four times greater than last year’s pilot, when 10 shops shut on the... Continue Reading →

Deacons plans sale of Mr Price franchise to SA firm

The firm's chief executive, Muchiri Wahome, says the move comes after South Africa-based Mr Price Group Ltd approached Deacons with a proposal to purchase the chain of stores. “The proposed transaction will be subject to various conditions that include requisite approvals from regulatory authorities and the shareholders of Deacons through a shareholders’ meeting to be... Continue Reading →

H&M profits dive 20% on heavy retail discounts

Swedish fashion retailer H&M said third-quarter profits were adversely affected by heavy discounting of the retailer’s summer collection, in a bid to boost sales over the warmer months. The world’s second-largest clothing retailer said net profits fell 20 percent in the three-month period ending August 2017. Net profit in the third quarter fell from SKr4.8bn... Continue Reading →

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