Adidas hoping to double by 2020

Adidas is hoping to catch Nike up and double net profits by 2020, after its five year plans were released yesterday.The company pledged to pay out higher dividends and to increase profits which decreased in 2014 by 38% to €490m.The German brand and the world’s second largest sports goods company will shift its spend... read more...
10:43AM - Fri 27th March 2015
Lindex new concept store

Scandinavian retailer, Lindex opens UK’s first ever flagship

Scandinavian young fashion retailer Lindex, will open its first ever UK-based flagship store at midday, March 27, at Westfield Stratford City. To celebrate the opening, the retailer has also released a new mobile app for British customers, offerin...
11:39AM - Fri 27th March 2015
Greg Suthern, Furniture Village's new COO

Greg Suthern joins Furniture Village board

Furniture Village announced that Greg Suthern is to join its board in the newly created role of Chief Operating Officer. Suthern brings over 20 years of high-level experience to the independent furniture retailer. CEO Peter Harrison commented on t...
11:36AM - Fri 27th March 2015
Amazon Prime Air drones

Deregulation: Why Amazon wants to trial drone deliveries in the UK

Speaking at a press conference for driverless cars, transport minister Robert Goodwill confirmed Amazon’s wish to trial a delivery service using drones in the UK, which could potentially replace van deliveries. The project, called Amazon Prime Air...
08:38AM - Fri 27th March 2015

Smooth global delivery vital for omnichannel success

What better way to understand the global retail market, than listening to speakers from across the world? The Internet World E-Commerce Fair in Munich this week gave the opportunity to engage with retailers exploring, ‘Different markets - differe...
05:35PM - Thu 26th March 2015
ChargeBox out-of-home phone chargers

ChargeBox phone chargers to increase dwelling time at intu shopping centres

UK shopping centre company intu will soon install secure, out-of-home and free-to-use ChargeBox phone chargers, in all of its UK branded shopping centres.ChargeBox phone chargers were trialled in four of intu’s shopping centres: intu Bromley, intu...
01:25PM - Thu 26th March 2015

DFS reports sales boost

Sofa retailer DFS, has reported financial results “in line with market expectations” just weeks after its IPO.The Doncaster based retailer increased first-half sales to £431.2m, as it built on the drive generated during 2014.Britain’s largest sofa...
10:14AM - Thu 26th March 2015
Idris Elba

SuperGroup to pay dividends, buy out US licence and collaborate with Idris Elba

SuperGroup, the parent company of fashion brand Superdry, today announces a strategy update, revealing an intention to start paying a dividend in 2016, with payouts in the range of three to three-and-a-half times earnings.Euan Sutherland, former C...
09:50AM - Thu 26th March 2015

What can retailers learn from Candy Crush?

Four in every 10 UK online retail sales are now completed on tablet or smartphone devices, as m-commerce increasingly becomes retail’s r’aison dêtre.But for the purpose of this article, is looking at tablets and smartphones for another reason: ap...
09:06AM - Thu 26th March 2015
Former CEO Dov Charney

American Apparel's Dov Charney under investigation

US fashion retailer American Apparel has reported losses in its fourth quarter sales, owing to declining sales and a hefty drop in expenses that cover fees related to last year’s internal investigations of ousted chief and founder Dov Charney.Char...
08:39AM - Thu 26th March 2015

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