Department store chain Fenwick is to close its main London shop after selling the building to property developers in a multimillion-pound deal. The company, first launched on Tyneside in 1882, says it has decided to sell the Bond Street building to strengthen its future foundations. It will use proceeds of the...
Laura Mercier is entering the metaverse with the launch of a virtual store as it looks to offer an immersive and interactive online shopping experience. Making use of web VR and AR technologies, the World of Beauty store features three interactive virtual rooms that have all been designed with the brand’s...
Naked Wolfe has chosen London’s New Bond Street for the opening of its first physical store. Known for its “Spice” platform boots, the brand has amassed over 1.2 million followers in the last five years and now has its footwear stocked by luxury retailers such as Selfridges, Harrods, Browns, Neiman Marcus...
Quiz saw its group revenues increase by 37% to £49.4 million in the first half of its financial year after it experienced stronger demand for its occasion and dressy casual wear. In the six months to 30 September, the company posted a pre-tax profit of £1.8 million compared to a loss...
Beauty giant Sephora has announced the appointment of Sarah Boyd as the managing director of its UK business. It comes just under two months after the LVMH-owned retailer re-entered the UK market through the launch of an e-commerce site and dedicated campaign. Prior to her appointment, Boyd served as the company’s managing...
M&S Food has reached a milestone of donating over 50 million meals to local charities in the past seven years through its partnership with Neighbourly and efforts to tackle in-store food waste. Some 2,700 good causes have been able to access donations of edible unsold fresh, ambient and chilled food from...
Very has launched virtual try-on experiences for beauty customers as it looks to create a more immersive shopping experience. The technology uses augmented reality to enable shoppers to discover and choose products that best match their needs. Using ModiFace technology, customers shopping on Very’s app can virtually try on 24 lip products...
Kurt Geiger has seen sales in its gift category surge by 70% since the beginning of November which has made it optimistic for Christmas trading. The footwear brand’s creative designer Rebecca Farrar-Hockley told This is Money that sales of accessories such as bags, tumblers and hats have been particularly popular. The brand’s...
ASOS Plc on Friday said its interim Chief Financial Officer Katy Mecklenburgh will step down from the role to become Softcat Plc’s CFO after working her six-month notice. The online fashion retailer said it continues the process to appoint a new CFO to replace Mat Dunn who left the position in...
Homewares retailer Dunelm is launching its first loungewear collection this month which will be available both in-store and online. Spanning 22-pieces, the range is part of the retailer’s Conscious Choice homeware collection that launched in August. All of the clothing items are made from 100% recycled materials. Products include a variety of...
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