Retail news

How Investors are Reacting to Adore Beauty’s CEO Resignation

As soon as the news broke about Adore Beauty's CEO stepping down, the retailer's shares immediately took a hit. This trend is seemingly continuing into the morning. But how are things looking now?

By |August 11, 2022|Categories: News|Tags: , , , , |0 Comments

“[Online] Bet Didn’t Pay Off” – Shopify Lays Off 10 Percent of Staff

Shopify is laying off ten percent of its staff after online adoption decreases in popularity, and its shares shed across the year.

By |July 27, 2022|Categories: News|Tags: , , |0 Comments

Catch Appoints New MD to Drive Delivery and Fulfilment

Catch has appointed Brendan Sweeney as its new Managing Director. He will commence the role in late October and oversee the Fulfilled by Catch program and spearhead the online transformation of Catch. 

By |July 27, 2022|Categories: News|Tags: , , , |0 Comments

Sneakerboy and LRG Collapses, Angry Customers Left in the Dark

The luxury footwear multichannel retailer, Sneakerboy, and its parent company, Luxury Retail Group, have collapsed, filing for administration on Saturday. This comes as a barrage of angry customers flock to its social media platforms to report unfulfilled orders.

By |July 5, 2022|Categories: News|Tags: , , , |0 Comments

Missguided Faces Legal Action as it Enters Administration

The former employees and suppliers of the recently fallen online retailer, Missguided, are pursuing legal action following the poor management of its redundancy process. 

By |June 1, 2022|Categories: News|Tags: , , , , |0 Comments

Retail Sales for April Up 9.6 Percent YoY

Retail sales have increased by 0.9 percent in April; a sign of continued recovery with three consecutive increases over the year. This is up 9.6 percent compared to the same period in 2021 and is breaking the previous record set a month earlier. 

By |May 31, 2022|Categories: News|Tags: , , , , , , |0 Comments

Pureplay Fashion Giant, Missguided, Enters Administration

Pureplay fashion retailer, Missguided, is entering administration after it failed to compete against the leading online fast-fashion competition and stay secure in rough trading conditions. 

By |May 31, 2022|Categories: News|Tags: , , , , , |0 Comments
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