Balenciaga has teamed up with Reliance Brands to enable it to enter the Indian market. The long-term franchise agreement will see the company become Balenciaga’s sole partner in launching the brand in the country. The partnership will be RBL’s second with Balenciaga’s parent group Kering. Balenciaga’s collections span womenswear, menswear, accessories and objets...
Next is understood to be in talks to acquire a large stake in the Joules lifestyle and clothing brand. According to a report by Sky News, Next has been negotiating with Joules for several weeks over the potential purchase of up to 25% of the business. In addition to its online store,...
ScS has hiked up profit expectations after a strong year of trading but warned that the cost-of-living crisis is now affecting the business. The furniture retailer reported a 3.9 per cent increase in orders in the year to 30 July, compared with the previous year. The firm, which specialises in soft furnishings...
Luxury supercar maker McLaren Automotive has launched a new HySpeed luxury footwear collaboration in collaboration with APL (Athletic Propulsion Labs). Inspired by McLaren’s iconic supercars and hypercars, the first offering from the collaboration is the limited-edition APL | McLaren HySpeed, a new silhouette designed as an all-purpose performance running trainer which...
Recipe box firm Gousto is working with one of the UK’s busiest food banks on a new pilot scheme that aims to make food parcels healthier. With current food parcels being designed for people in occasional crisis, they generally consist of NHS approved foods such as essential long-life goods like tinned...
Pets at Home has posted a 7.1% increase in first quarter group revenue to £404.7 million after like-for-like revenue grew by 6%. In the 16 weeks to 21 July, retail revenue climbed by 6.6% and by 5.6% on a like-for-like basis. The retailer experienced growth in all channels with store and omnichannel...
Marks & Spencer has announced that it has banned the sale of disposable barbecues in its UK stores. The move follows a plea by London Fire Brigade for retailers to scrap sales of the items due to a wave of more than 1,000 grass fires impacting the capital during the recent...
Next’s full price sales came in 4.7% stronger than expected in its second quarter as more people returned to buying formalwear for summer events. The fashion and homeware retailer’s total full price sales increased by 5% in the three months to 30 July. Next said the performance was due in part to...
Hugo Boss has enjoyed a successful second quarter with top and bottom line growth accelerating. The fashion brand said the momentum was fuelled by the continued implementation of its growth strategy which was introduced a year ago. Currency-adjusted group sales increased by 34% compared to the prior year period and were up...
Aldi has been named as the UK’s cheapest supermarket by Which? The consumer group conducted its monthly Cheapest Supermarket price comparison and looked at the cost of a basket of 47 items including groceries and household essentials. Aldi was found to offer the cheapest basket at £74.23 while the same items...
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