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Estée Lauder lifts profit outlook as China and fragrance sales rebound Retail Gazette Retail Gazette is the leading source for free retail news and features. From breaking stories to in-depth interviews, all the retail news you need in one place. Comprehensive up-to-date news coverage, aggregated from sources all over
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News
Buy Back Brixton wins buyer bid for Brixton Village
3+ day, 7+ hour ago (331+ words) Community-led Buy Back Brixton campaign has been named the preferred buyer for Brixton Village and Market Row, marking a major step towards bringing the London markets into community ownership. The Brixton Traders & Community Association (BTCA) and Advocacy Academy have entered…...
The O2 hails record-breaking sales performance in August
4+ day, 6+ hour ago (347+ words) Outlet Shopping at The O2 and the adjacent Entertainment District saw their strongest-ever sales performances in August since opening in 2018. Retail sales grew by 11 per cent over the month, ahead of the BRC’s UK average of 0.7 per cent, while food and…...
Mike Ashley???s Frasers racks up??1.2bn debt pile amid luxury shopping spree
4+ day, 8+ hour ago (537+ words) Frasers Group’s debt pile has climbed above £1.2bn as the Sports Direct parent company continues an aggressive acquisition drive across luxury and international retail. Frasers Group has rapidly expanded its portfolio and investments over the past year, snapping up businesses, property…...
Harvey Nichols relaunches ecommerce site under Frasers banner
5+ day, 4+ hour ago (288+ words) Harvey Nichols has resumed online trading under new owner Frasers Group, following a temporary shutdown of its website in August, after the luxury department store was acquired out of administration. The retailer’s website is now live again, with the footer…...
Starship Technologies delivery robots pulled from Sheffield after five-month trial
2+ week, 6+ day ago (419+ words) Starship Technologies has pulled its autonomous delivery robots from Sheffield just five months after launching in the city with Uber Eats. The robotics firm said its pilot had come to an end and the service had been paused while it…...
Radley stops website sales amid closure
3+ week, 1+ day ago (377+ words) Accessories retailer Radley’s website is directing customers to its remaining stores with a banner reading “website now closed”, following its administration earlier this year. Radley’s closing-down sale is offering customers 70 per cent off all remaining stock, as the brand known…...
Frasers Group tightens grip on Hugo Boss as stake climbs to 48%
3+ week, 4+ day ago (319+ words) Frasers Group has tightened its grip on Hugo Boss after increasing its stake in the company to almost 48 per cent, bringing Mike Ashley’s retail empire closer to taking control of the business. The Sports Direct and Flannels owner now holds…...
Decathlon to shut Cheltenham flagship store
3+ week, 5+ day ago (148+ words) Decathlon is set to shutter its Cheltenham flagship store on 29 August after five years, according to a report from Gloucestershire media brand So Glos. The store, which is based on Cheltenham’s Regent Arcade, formed the company’s first shop in the…...
Harvey Nichols pauses online operations amid Frasers takeover
3+ week, 5+ day ago (268+ words) Harvey Nichols has temporarily paused online trading as it transitions to new ownership under Frasers Group. The luxury department store’s website has been replaced with a holding message confirming that Harvey Nichols is “currently unavailable online”, while it completes a…...
Inside Frasers?????40m Harvey Nichols bet, can Mike Ashley finally crack luxury?
4+ week, 2+ day ago (940+ words) Frasers Group has landed one of British retail’s most famous names for around £40m. But buying Harvey Nichols may prove the easy part. From repairing supplier relationships to deciding which stores survive, the deal could become the biggest test yet of…...