Budget greeting card retailer, Card Factory, has felt the effects of Christmas lockdown with a 38.1 per cent year-on-year decline in store sales in the 11 months to December. The retail chain was forced to close for 37 per cent of the available trading days in a year “the like of which none of us
Card Factory faces £10 million pre-tax loss but remains optimistic about the future Read More »
Edinburgh Woollen Mill, Ponden Home interiors chain and value retailer, Bonmarché, have been saved from closure by a rescue deal that sees almost 2,000 staff being retained, but up to 260 stores across the chains could still close. Edinburgh Woollen Mill and Ponden Home, both part of the Philip Day retail conglomerate, were pushed over
Edinburgh Woollen Mill, Ponden Home and Bonmarché rescue deal agreed Read More »
Luxury crystal glass manufacturer, Waterford, has launched a new brand identity created by London design agency, Identica, including a new logo, colour palette, lifestyle photography and redesigned packaging. With a history dating back to the 1780s, Identica was tasked with re-establishing Waterford as the unequivocal manufacturer of luxury crystal, by celebrating the brand’s authentic heritage,
New brand identity for Waterford Read More »
Online greeting card publisher, Moonpig, is seeking flotation for a value above £1 billion on the London stock market, as it moves to take advantage of a lockdown-driven surge in demand for its products. Revenues at the company, which claims to have a 60 percent share of the UK’s world-leading greeting card market, reached £173
Moonpig targets £1bn stock market flotation Read More »
Springboard’s Marketing and Insights Director, Diane Wehrle, has set out her vision for retail in 2021, with Springboard’s data and insights providing information which will help identify the key trends emerging from 2020 and the likely outlook for retail in 2021. The biggest threat facing retailers in the year ahead is long term store closures
2021 Retail Outlook Read More »
Marks & Spencer has bought Jaeger in a deal thought to be worth around £5 million after the British fashion brand fell into administration in November 2020. It is understood that the deal covers Jaeger’s intellectual property only, allowing M&S to sell Jaeger-branded goods on its own website as a third party brand. This means
Marks & Spencer purchases Jaegar for £5 million Read More »
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