EE results pushed by surge in online shopping - Retail Gazette

EE has announced its results for the first quarter to March 31 and they do not disappoint. The British mobile network’s reach base increased by 1.7m to 9.3m – up 224% year-on-year. This includes over 7,700 medium and large companies using 4G, such as Uber, GANT UK, Rotary Watches and Suffolk Constabulary.  The company is set o reach 14m 4G customers by the year end. The network operator’s 4G population coverage is at 87% and available to 67% of the population. In a press release EE said: “Our

The Polo Bar: Ralph Lauren’s latest venture - Retail Gazette

Chic, luxurious and with equestrian themed décor, Ralph Lauren’s Polo Bar is everything you would expect from the world famous fashion designer. The restaurant and bar is set to open this month at 1 East 55th Street, just down the road from a New York Ralph Lauren store. It will follow in the steps of Giorgio Armani and Bergdorf Goodman who have also created successful restaurants in the area. It will be Ralph Lauren’s third bar and cuisine venture, following his RL Grill in San Francisco and

Early Easter pushes March footfall growth - Retail Gazette

March witnessed footfall growth for the first time in over a year, according to Springboard, a provider of automated customer counting services. The results found that between March 1 and April 4 footfall was up by 0.2% YOY for the month, following increasing consumer confidence and an early start to Easter. “Footfall across the UK increased by 0.2 % in March, the first increase in a year and only the third increase in the last 20 months”, said Diane Wehrle, Retail Insights Director at Springb

Easter pushes fashion sales - Retail Gazette

Easter provided varied results for retailers this year, although overall the industry appears to have profited. Data released by IRI, the retail and FMCG market intelligence company,  found that Easter confectionery sales were up strongly in 2015, and UK retailers had a better than expected Easter period. Sales of confectionary were up by 8.6% over the five week period which ended the Saturday before Easter Sunday. Though sales were up to £111m in the final week before Easter, the IRI believes

Retailers triumph with the help of animation - Retail Gazette

Retailers are attempting to create their very own fairy tales by mirroring the success of ‘Frozen mania’ in 2014. The 2013 film pushed a 7% increase in full-year consumer product sales in 2014. In March that same year, Frozen overtook Toy Story 3 to become the ‘highest-grossing’ film. This year Cinderella is likely to bring positive results to Disney. The film released last month has attracted retailers JC Penney, Mac and Morgan Taylor, all looking to capitalise on the film’s success. Janet W

Polyvore aims for picture perfect advertising - Retail Gazette

Social media site Polyvore is playing a part in the way retailers visually promote their goods online. In its latest move the company has introduced its new Polyvore Remix app, which helps fashion retailers push products through items trending on the Polyvore community. The Remix app is exclusive and based on invitation only, playing on consumer desire to stand out. “The problem in the UK is that there is just too much of everything. Everything just needs slimming down" comments retailer Paul S

H&M’s sustainable star plans - Retail Gazette

H &M has published its Conscious Actions Sustainability Report 2014, highlighting the success of the company’s ethically minded policies so far. In December 2014 the Swedish fashion retailer announced that it would be joining forces with Hollywood star Olivia Wilde, a move that appears to have produced profitable results. Wilde has combined her star quality with her entrepreneurial skills, having overseen the launch of the company’s “Conscious Exclusive” collection at the retailer's Times Squa

Uniqlo to expand in US and Australia - Retail Gazette

Uniqlo, owned by Fast Retailing, is pushing its business globally by targeting areas where it has already witnessed success. The retailer accounted for 52% of its Japanese parent company’s sales in the last year, as Fast Retailing reported that its profits had risen by 64% in the fiscal first quarter. For the 2014 fiscal year which ended August 31, Fast Retailing accumulated roughly $13.6bn, sealing its place as one of the world’s largest apparel retail companies. Uniqlo declared that stores

Easter- a prime business time for retailers - Retail Gazette

With Easter kicking off this weekend, Easter Bank Holiday is expected to draw in the crowds as retail footfall increases by 4.7% over the next four days. Retailers are not just making profit from their chocoholic consumers. According to a report by eBay, retailers are hoping to cash in across all sectors, with sporting goods and DIY topping the charts in 2014. eBay said that this year’s marketers are capitalising on the “bank holiday bounce”, the full week prior to Easter Sunday, causing an in

Guinness made of more on St Patrick’s Day - Retail Gazette

In keeping with St Patrick’s Day celebrations, Retail Gazette decided to take a look at the brand that makes the day complete - Guinness. Guinness has been quenching the thirst of consumers since 1759, when Arthur Guinness first signed the lease for the St. James’s Brewery on 31 December. The iconic company has already lasted a staggering 256 years, making it a fundamental part of retail history. Though the company states that 10m glasses of Guinness are enjoyed worldwide everyday, the busines

Apple watch hits fashion capitals - Retail Gazette

Apple is turning online for the release of its new ‘apple watch’. The latest in its technology will be launched on 10 April for online pre-sales, before its first deliveries come 24 April.The new watches will be available in stores but will require customers to purchase online. It won’t just be Apple stores that are benefiting from the latest innovation, glamourous locations will include Selfridges London, Les Galeries Lafayette in Paris and Isetan Shinjuku in Tokyo - all high end department st

Adidas is no longer on the bench - Retail Gazette

Retailers are ensuring that the ‘Internet of Everything’ has a place in the sporting world, as fitness apparel is being transformed to keep up with consumer demand. In this year’s Six Nations rugby championship, 2m rows of data have been fed back to broadcasters, coaches and members of the audience through mobile apps. Tackles, tries and passes can be accounted for, while also informing the team where they are going wrong and how they can improve. The data is provided by cameras, video screens

Adidas hoping to double by 2020 - Retail Gazette

Adidas is hoping to catch Nike up and double net profits by 2020, after its five year plans were released yesterday. The company pledged to pay out higher dividends and to increase profits which decreased in 2014 by 38% to €490m. The German brand and the world’s second largest sports goods company will shift its spending to influential cities, with plans to increase profits by an impressive 15% in 2015. The brands previous plans to have an operating margin of 11% by the end of 2015 have now b

Sir Philip Green pockets £1 - Retail Gazette

Sir Philip Green has sold BHS to Retail Acquisitions, in a hope to push Arcadia Group profits. The news comes as no surprise, after Sir Philip Green put the company up for sale back in January, the consequence of a £21m loss the year before. The department store chain has 180 stores across the country, along with 11,000 employees. Neil Saunders, Managing Director of Conlumino a retail research agency, believes that the sale is the “best possible outcome for BHS staff” as the chain will remain

Etsy marks 10 year anniversary with an IPO proposal - Retail Gazette

10 years after online marketplace Etsy was launched, the company has announced that it has filed for a proposed Initial Public Offering (IPO). A representative for Etsy declared the news on the company’s blog, informing the public that Goldman, Sachs & Co and Morgan Stanley & Co, LLC are acting as, “joint book-running managers for the proposed offering”. Though there is no statement as to what the company will be worth, it is hoping to raise $100m, which will most likely leave the value of the

Amazon ad ban- a primary concern for the company - Retail Gazette

Amazon Prime’s 30 day free trial advertisement has been banned by the Advertising Standards Authority (ASA) after complaints that it was misleading. The ban came after six official complaints to the ASA over how it was not clear that a paid subscription would start automatically. The ruling means that the ad must not appear again in its “current form”, without warning consumers of the financial commitment. The advertisement was sent through emails to Amazon account holders which stated: “I’m s

“Investing in the best quality infrastructure for Britain” starts with the sale of Eurostar - Retail Gazette

The government has announced that it will sell its 40% share in Eurostar for £757.1m, in a bid to raise £20bn to pay off the UK’s national debts. By selling off publically owned assets, the government hopes to increase Britain’s economy by 2020, something that is set to have a positive affect on both consumer spending and businesses. There have been plans to sell the Eurostar since 2013, with the price tag now around double the anticipated price. This spells good news for businesses that will

'Digital distance' saves consumers £32m in petrol - Retail Gazette

The nation is turning online for a quick shopping experience from the comfort of their own homes- their living rooms to be precise. Online marketing company Webloyalty, worked with analysts Conlumino to compile a list of UK “connected consumer habits” to understand why 70.4% of those surveyed believe that technology will make shopping a more convenient experience in the future. The report highlights that the typical browser spends almost four hours a week shopping online, with 64% of online us

Neteven joins the Chinese e-commerce boom - Retail Gazette

European trading platform Neteven has announced that it will partner with Alibaba’s Tmall in order to help European retailers enter China. Shaoming Yang, Head of Tmall Global Europe, said “Europe is a key strategic market for Tmall Global. Our goal is to help brands and retailers to address Chinese consumers who highly appreciate their products”. The collaboration will allow Neteven to make the most of China’s trade following Lunar New Year’s profitable success across the globe. China is alrea

Brits will spend £14.95bn via mobile devices in 2015 - Retail Gazette

The UK is expected to spend a mammoth £14.95bn via mobile devices in 2015, according to recent research by RetailMeNot, which operates the world’s largest marketplace for digital offers. This means that retailers need to stay alert and keep on top of their mobile technology in order to cash in on 2015. “The customer expects everything to be connected technologically” said former Best Buy CEO Bob Willett at a Purple wifi conference last week. He urged retailers to reflect on what they are doing
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