JD Sports has said its results for the year ending 29 January 2022 are expected to be slightly ahead of previous expectations. The news follows the retailer’s trading update on 12 January when it announced that total revenues for the twenty-two week period to 1 January 2022 were more than 10%...
Allbirds, the eco-friendly footwear brand, has launched a new resale platform as part of its commitment to sustainability. Called Allbirds ReRun, the offering will initially give customers at three stores the option of trading in their preloved Allbirds shoes for $20 in store credit. Following the launch in Los Angeles, Chicago...
Just a few days after opening its UK biggest store to date in Nottingham, Poundland has confirmed that it will launch an even larger shop in Stockton-on-Tees on 26 February. Situated at Teesside Park, the site will span 19,000 square feet and will be over three times the size of an...
Crocs saw its revenue increase by 42.6% year-on-year to $586.6 million in its fourth quarter. Direct-to-consumer sales, which includes retail and ecommerce, rose by 44.5% while wholesale revenues saw an uplift of 40.3% The quarter’s results meant that revenues climbed by 66.9% to a record $2.3 billion in 2021. Meanwhile, full year income...
Pandora has teamed up with Marvel to launch a new super hero themed jewellery collection. The range’s 11 hand-crafted pieces include a bracelet, ring and charms featuring the Black Widow, Iron Man, Captain America’s shield and other iconic Avengers heroes and symbols. Pandora said its design team was inspired by The Avengers’...
B&Q owner Kingfisher has made a number of changes to its senior management team to support the delivery of its strategy. Sebastien Krysiak, currently chief executive of Castorama Poland, has been appointed to the new role of chief commercial officer. Due to take up his new position from 4 April, he...
Next has launched a new womenswear brand called Friends Like These. Soft-launched in August 2021, the label is described as a “feminine, trend relevant brand”and is designed for women aged 25-50. Available online at Next, the brand’s collection features midi and maxi dresses, skirts, jeans, cardigans, tops and footwear. Sizes range from...
The Greggs bakery chain has opened its first drive-thru shop in Wales in Newport’s Maesglas district. The new site will open from 6am to 7 pm Monday to Saturday and 8am to 5pm on Sundays. Greggs said it is currently constructing a second Welsh drive-thru site on the outskirts of St Clears...
Boots has announced the surprise return of its affordable 17 cosmetics brand following a revamp. The new range consists of over 150 products which the retailer said will help customers build an entire makeup look for as little as £10. With lipsticks priced from £2 and eyeshadow palettes from £5, the entire...
Under Armour has announced “record revenue” for the year to 31 December 2021. Revenue was up 27% (25% on a currency-neutral basis) to $5.7bn (£4.2bn) year on year. Wholesale revenue rose 36% to $3.2bn (£2.4bn), and direct-to-consumer sales grew 26% to $2.3bn (£1.7bn) year on year, driven by the performance of its...
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