The prospects are looking grim for House of Fraser with news that the struggling retailer has called in advisors to look at its restructuring options, which means store closures could be on the horizon.
Sales dropped and profits headed downwards fast in the first half for Debenhams, but its international ops were stronger and its revamp strategy is showing early good results, although there's still a lot of work to do.
The rumours have been swirling around her for some time and now she's confirmed what everybody expected. Natalie Massenet is launching a venture capital firm to invest in e-commerce with Glossier among its first deals.
Voice-assisted shopping is on the rise in the Netherlands, finds Dutch bank ABN Amro. 61 percent of retailers see the technology service as an opportunity to offer consumers more comfort while shopping.
It may not have been good news for the Hammerson share price, but news on Friday that French retail property giant Klépierre is walking away from making another bid probably came as some relief to the Hammerson board.
Booming demand for L’Oreal’s luxury cosmetics brands like Lancome, particularly in China, helped boost the company’s first-quarter sales, offsetting a more wobbly performance in the group’s mass market division.