Crafting a loyalty programme demands careful planning and strategic choice of software.Businesses are losing significant amounts on generic promotions, highlighting the importance of personalised incentives.Finding the right software partner is a complex decision impacting customer engagement and profitability.Deciding between building your own system or buying a solution is a critical consideration in this process.Key questions must guide the software selection to ensure it meets business needs.Personalisation in loyalty programmes is paramount, as generic strategies can lead to substantial financial losses for businesses. Businesses must prioritise understanding customer needs and tailor incentives accordingly. A precise approach not only aids in retaining…
Author: Dave Antrobus
AllSaints introduces an innovative unlimited rental service across the UK, setting a new precedent in the fashion industry.Shoppers can subscribe for £79 per month, enjoying unlimited access to men’s and women’s clothing.The service includes free shipping, complimentary dry cleaning, and eco-friendly garment care.Subscribers can return items anytime and purchase them at 60% off the retail price.Special features such as gifting options and customised shipment speed enhance user experience.AllSaints has once again positioned itself at the forefront of retail innovation with the launch of the UK’s first unlimited fashion rental service. This new offering allows customers to subscribe for £79 per…
Frasers Group has expanded its share in Mulberry after the latter rejected a takeover bid.Mike Ashley’s Frasers Group now owns 37.3% of Mulberry’s shares.The rejected offer from Frasers did not reflect Mulberry’s perceived future value.Mulberry plans to focus on capital raising under new CEO Andrea Baldo.Frasers Group’s stake increase doesn’t trigger a mandatory offer for other shareholders.Frasers Group has moved to increase its stake in the esteemed British fashion house, Mulberry, after a recent takeover proposal was declined by the retailer. Frasers Group, owned by renowned businessman Mike Ashley, has acquired 3.9 million shares in Mulberry at a price of…
In a significant shift, Waitrose has elevated Nicola Jones to the position of wine trading manager.Jones brings 13 years of experience, particularly as a category manager, to her new role.Her appointment coincides with the launch of new festive wine brands in the Blueprint, Love & Found, and No.1 ranges.The appointment comes at a crucial time as Waitrose prepares for the busy Christmas season.Earlier this year, Waitrose enhanced its retail offerings with a fully chilled beer, wine, and spirits department in its modernised Finchley Road store.In a noteworthy development, Waitrose has appointed Nicola Jones as its new wine trading manager, promoting…
Diageo has halted the sale of its summer cocktail brand, Pimm’s, due to the inability to finalise negotiations with potential buyers. The company had engaged in auction proceedings earlier in the year, but failed in its attempts to close a deal.Pimm’s was one of three brands Diageo considered selling, but unlike the others, it remains unsold.The failed sale is part of a challenging year for Diageo, marked by declining sales and leadership issues.In its half-year results, Diageo posted a 1.4% drop in sales, putting further pressure on its management.Debra Crew, CEO, faces scrutiny over her role, especially following the company’s…
Watches of Switzerland has strategically acquired Hodinkee, aiming to enhance its presence in the luxury watch sector.The acquisition aligns with Watches of Switzerland’s objectives to broaden its online reach, focusing on the US market.Hodinkee, a reputable media company with a significant following, offers Watches of Switzerland access to an engaged audience.Watches of Switzerland plans to integrate Hodinkee’s commercial ventures, including collaborations and insurance partnerships.This move is financially backed by existing resources and will not affect Watches of Switzerland’s financial leverage.Watches of Switzerland, a prominent name in the luxury watch retail industry, has strategically acquired the US-based media company, Hodinkee. Known…
A growing trend sees unexpected retailers investing in food-to-go, a sector expected to reach £23.4 billion by 2027.Fortnum & Mason introduces its first dedicated café counter, enhancing its takeaway offerings.Holland & Barrett expands its H&Bean service with a new café at London Victoria Street.Hotel Chocolat launches bakery and hot food concessions to strengthen its food-to-go presence.WHSmith unveils Smith’s Kitchen café format, expanding its successful food-to-go line.In an evolving retail landscape, several retailers are making significant strides into the burgeoning food-to-go market, projected to be worth £23.4 billion by 2027. Historically dominated by sandwich chains and supermarkets, this market is witnessing…
Shein, a major player in fast fashion, is taking steps towards a London IPO amid regulatory processes.Investor meetings are planned to assess interest in Shein’s highly anticipated London listing.Recent regulatory challenges in the US have shifted Shein’s focus to the UK market.Labour practices and environmental concerns pose serious questions to potential investors.The IPO success could revitalise London’s slow IPO market and impact Shein’s valuation.Shein, a leading figure in the fast fashion industry, is preparing for informal discussions with investors as it seeks to list publicly in London. These meetings are planned to take place across Europe in the coming weeks,…
Shein is poised to initiate early investor meetings concerning its forthcoming London IPO.Scheduled informal roadshows across Europe will play a crucial role in engaging potential investors.The company’s regulatory challenges in both the UK and US markets are pivotal to its planned flotation.Scrutiny over Shein’s practices regarding labour and the environment may impact investor decisions.The success of the IPO could significantly influence London’s IPO market.Shein is poised to initiate early, informal meetings with investors as it prepares for a London initial public offering (IPO). The fast-fashion retailer hopes these discussions will gauge investor interest and address any concerns, pending UK regulatory…
JD Wetherspoon announced a significant rebound in profits, reinstating their dividend due to increased revenues.The pub group reported a 73.5% increase in pre-tax profits, reaching £73.9 million, alongside rising revenues.Despite selling 18 pubs and terminating nine leases, the group achieved a like-for-like sales increase of 7.6%.Chairman Tim Martin highlighted ongoing sales improvements and anticipates positive outcomes for the current financial year.Economic challenges persist, yet Wetherspoon’s strategy positions it well against competitors, according to experts.JD Wetherspoon revealed a strong financial recovery, with profits significantly rebounding over the past year, thanks to high customer demand boosting revenues. The company announced that pre-tax…