The shopping networks will be launching over 70 new brands discovered through “The Big Find” before the end of this year. The newcomers will be offering shoppers cosmetics, jewelry and accessories, among other products.
With its new CEO and short-term funding in place, Laura Ashley has released a weak set of results with losses increasing and even e-tail sales dropping. But the firm is upbeat and sees international opportunities ahead.
A UK technology start-up that aims to boost footfall to physical stores has announced that it has raised £2 million in seed funding from several investors. It will use the cash to grow in Britain and launch in the US.
Beales is preparing to close all its stores as no buyer has come forward to snap up the business. But it seems its administrators are still trying to find someone who will buy at least part of it as a going concern.
Stockmann is forging ahead with its transformation plans and while the signature department store chain is loss-making and the market is tough, the firm is upbeat on its prospects and of those of the more buoyant Lindex.
Europe-focused online fashion retail giant Zalando has strengthened its leadership team, appointed three senior vice-presidents, including two internal promotions and one crucial newly-established role.