Jan Fuchs has become the latest senior executive to leave Russian retailer X5 Retail Group. Fuchs, the head of X5's hypermarket operations, had "decided to leave the company", X5 said in a statement yesterday evening (28 August). The ...
Tags: Jan Fuchs, senior executive, X5 Retail Group
Russian grocery retailer Magnit has booked a 142% jump in first-half profit, driven partly by higher sales. Magnit said today (24 July) its net profit for the six months to the end of June rose to US$339.6m. Sales increased by 33%, ...
Tags: Magnit, grocery, profit, company news, sales
Following declines in the first two quarters, turnover of the Danish timber retail group, Dalhoff Larsen & Horneman (DLH) declined again in the third quarter by 4.4% to DKK586m. The EBITDA dropped drastically by comparison with the previous ...
Tags: timber, wood-based panels, hardwood
Arvind Lifestyle Brands, subsidiary of Arvind Ltd, one of the largest players in the apparel brands and retail space, announced the acquisition of the business operations of British fashion retailers Debenhams and Next and American ...
Tags: Arvind, acquisition, business operations, fashion retailers
Mothercare plc is pleased to announce the appointment of Matt Smith as its Chief Financial Officer and Executive Director. Matt will join Mothercare on a date to be announced. Matt Smith is currently Finance Director at Argos, part of ...
Tags: United Kingdom, Mothercare, Matt Smith, Executive Director
New Look Retail Group Limited announces Interim Results for the 26 weeks ended 22 September. Interim Results Financial Headlines H1 EBITDA: £86.9m (H1 2011/12: £69.4m): +25.2% H1 Group Sales: £710.5m (H1 ...
Tags: United Kingdom, New Look Posts
French automaker Renault has signed a new three year framework agreement with elevator and escalator firm KONE to supply a full range of vehicles in several European countries starting 2013. KONE has selected Renault due its product ...
TradeStone Software, delivering Merchandise Lifecycle Management (MLM) solutions that unify the design, sourcing, ordering and delivery of retail goods, announced Ascena Retail Group has gone live with PLM for Retail and Collaborative ...
Tags: TradeStone, Ascena, Software, MLM Software
Postie Plus Group Limited(PPGL)is pleased to announce the appointment of Peter Nouwens to the position of Chief Financial Officer,commencing 7th January 2013.Peter will join the senior management team in the company's new head office in ...
Tags: PPGL, Peter Nouwens, CFO, chartered accountant
Argos is to cut up to 10% of its 750 stores in a move to reposition itself from a catalogue-led business to a digital retailer. A spokeswoman from Argos said the store would wind down the existing branches as their leases expire over the ...
Tags: Argos, cut up stores, digital retailer, online
Reliance Trends,the popular and affordable fashion brand of India,has unveiled its fresh Autumn/Winter 2012 collection. Created by the label's team of designing experts,the newly launched clothing range offers a vivid array of ...
Tags: Reliance Trends, Fall Collection, fashion brand, menswear, kidswear
Dubai-based leading fashion retail group H2 Fashion has registered robust growth of more than 400 percent in the Arab fashion industry over the past 10 years. With several leading global brands setting up their stores in the country, UAE ...
Tags: fashion retail group, fashion industry, UAE
The Wet Seal Inc., a leading specialty retailer to young women, announced the appointment of four new members to its Board of Directors and the appointment of Lynda J. Davey as Chairman of the Board. The Board of Directors also established ...
Tags: chairman of board, board members, Wet Seal
Ascena Retail Group Inc.reported financial results for its fiscal fourth quarter and full year ended July 28,2012. Ascena's financial results for its fiscal fourth quarter and full year ended July 28,2012 reflect its acquisition of ...
Consumers will be able to compare the cost of like for like kitchens following the launch of a new price comparison website. Insight Retail Group (IRG) launched kitchen-compare.com last week, initially comparing the offerings of leading ...