The Netherlands’ Hema announced today a 0,2 percent decrease in net sales in Q2 2018. The retailer attributed the results to the exceptionally hot weather conditions in Northern Europe between May and July.
UK retail property giant Hammerson’s Via Outlets joint venture has named two newly-created senior management positions with Otto Ambagtsheer joining as Chief Operating Officer and Peter Stals as Chief Financial Officer.
Amazon on Wednesday said it is opening a store in New York City that will sell products ranging from card games to skillets that are highly rated on its website, in the company's latest push into brick-and-mortar retail.
River Island’s important new offer RI Home 160-piece collection has debuted in its stores and online with the company now targeting its customers’ complete lifestyles as well as just their fashion choices.
Austrian sportswear retailer Blue Tomato will be debuting in the Netherlands. The 449-square-metre shop will be located at Utrecht’s city centre and will be the first step of the brand's nationwide expansion.
The cat was already out of the bag yesterday but that didn’t detract from the impact of the news on Tuesday that Michael Kors is acquiring Versace for around $2 billion and changing its name to Capri Holdings.
Any info about the health of the UK high-street is of interest at the moment so half-year results from Next were closely watched on Tuesday and it seems the firm "over-performed", the news driving its shares up sharply.
HoF's new owner Sports Direct is continuing to blame “greedy landlords” after it said three of the chain’s 59 department stores will definitely close. They include Hull and Swindon, plus Frasers in Edinburgh.