Debenhams
Big Grid
Online fashion retailer Boohoo must give tired Arcadia brands attention for them to thrive
London, British online fashion retailer Boohoo has bought three clothing brands owned by the collapsed Arcadia retail group for 25.2 million pounds (USD 34.5 million). Boohoo bought the inventory and online businesses of the Arcadia brands - Dorothy Perkins, Wallis and Burton. The deal did not include the...
Fashion
The Boohoo Group’s purchase of Debenhams proves the speed of change in retail
Following the news that the boohoo group has bought Debenhams out of administration, Emily Salter, Retail Analyst at GlobalData, a leading data and analytics company, offers her view on this news: "In a surprising turn of events that proves the...
Fashion & Lifestyle
Why the collapse of Debenhams and the Arcadia group was inevitable
Following the news that Arcadia has fallen into administration, and that Debenhams it set to close all its stores;
Pippa Stephens, Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the situation:
“While Debenhams and Arcadia...
International News
Face mask requirement is yet another blow for non-essential retailers, says GlobalData
Face masks will be compulsory in England’s shops from July 24, 2020.
Sofie Willmott, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view on this news; “Shopping for non-essential items is already less appealing than...
Fashion
UK clothing & footwear market forecast to decline by £14.0bn this year
Set to be the worst hit sector by the COVID-19 pandemic, UK clothing & footwear spend is anticipated to plummet in 2020, falling 26.1 percent versus 2019, says GlobalData, a leading data and analytics company.
Chloe Collins, Senior Retail Analyst...
International News
Hammerson bought rival Intu for £3.4 billion to create a mall giant
British shopping centers owner Hammerson has agreed to buy smaller rival Intu Properties for about £3.4 billion ($4.56 billion) to create a pan-European real estate giant controlling assets worth £21 billion.
Hammerson owns the Brent Cross shopping centre in London, as...
Shopping Centres
Evolving retail landscape in India
The Indian retail scenario has traditionally been dominated by small neighbourhood convenience stores. Such stores, with limited assortment of goods, have helped conceal the state of unemployment in the country and dominated the retail landscape across most parts of...
Beauty & Wellness
bblunt launches B System – the three-step styling range
Adhuna Bhabani-Akhtar, Creative Director and Founder, bblunt, has another feather in her cap! She, along with her team, has created B System, a line of products and tools especially created for Indian hair. B System is a simple three-step...
Retail
Lavie Opens First Retail Outlet in Quest Mall, Kolkata
Lavie, fashion lifestyle brand, has opened its first exclusive store at Quest Mall, Kolkata. Spread over 534 sq. ft. of area Lavie houses a large variety of bags and footwear for women.
Bags ranging from satchels, totes, shoulder bags, hobos...
Fashion & Lifestyle
Shapewear: The New Way to Look Slim & Sexy
The sale of foundation garments has increased considerably. With more and more women wanting to look beautiful and slim, new styles of shapewear are becoming a hygiene buy and not things of luxury.
In recent years, the sale of foundation...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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