Peacocks, Bonmarché, and Edinburgh Woollen Mill (EWM) have successfully returned to profitability in the financial year ending February 2023.After being bought out of administration in 2021, these retailers have witnessed significant financial turnaround.A strategic focus on updating the store estate and investment in key product categories has driven this improvement.Edinburgh Woollen Mill has expanded its retail presence, focusing on market towns and tourist locations.Plans for future expansion include opening 100 UK stores in the next 18 months.Peacocks, Bonmarché, and Edinburgh Woollen Mill, after being rescued from administration in 2021, have reported a substantial return to profitability. Peacocks achieved a turnover…
Author: Scott Dylan
Businesses are increasingly urged to adopt preventative healthcare strategies to ensure employee productivity and well-being.Record numbers of people are out of work due to sickness, costing the UK approximately £138 billion annually, heightening the call for adequate workplace health strategies.Digital wellness platforms are making healthcare more accessible and personalised, catering to the diverse needs of employees.Creating a culture of openness enables employees to discuss wellness freely, reducing the risk of health issues escalating.Strategic focus on mental health is imperative, with managers playing a crucial role in supporting employees’ emotional well-being.In today’s rapidly changing work environment, the importance of preventative healthcare…
Navigating the stresses of modern life requires strategic rest.Sleep windows offer a personalised approach to improving sleep quality.Identifying your sleep window is essential for a healthy routine.Expert advice highlights the importance of reducing screen time before sleep.Consistency in sleep patterns is key to managing stress effectively.In a fast-paced world, finding effective ways to manage stress has become a necessity. One promising approach is discovering one’s sleep window, a concept gaining attention among health experts. This involves identifying the optimal time to fall asleep, tailored to individual lifestyles and preferences, to enhance sleep quality and establish a robust bedtime routine.Experts emphasise…
Graduate designers are set to debut at Pure London x JATC, held in London’s Olympia.The event offers a platform for new talent to present alongside established brands.Graduate Fashion Foundation collaborates to offer these designers unique exposure.Participants in the catwalk will include winners of Graduate Fashion Week 2024.Exhibition spaces will be provided for emerging designers in the Grand Hall.The upcoming Pure London x JATC event, scheduled for July 14-16, will serve as a significant stage for graduate designers to showcase their talents. Held at London’s prestigious Olympia, the event will feature a mixture of fresh talent and established brands, providing a…
MDP NE29 Ltd’s significant acquisition of Mandale Industrial Park marks a new chapter in their growth strategy.The acquisition, valued at over £10 million, strengthens the company’s commercial property holdings.Schofield Sweeney played a pivotal role in managing the legal intricacies of this transaction.The estate comprises 39 units, offering hybrid and industrial spaces, broadening MDP NE29’s investment portfolio.Key figures expressed eagerness regarding potential growth and collaboration opportunities stemming from this deal.MDP NE29 Ltd has successfully acquired Mandale Industrial Park, a strategic move valued at more than £10 million. This purchase significantly enhances the company’s commercial property portfolio and demonstrates their commitment to…
Hybrid working is reshaping workplace social dynamics, according to a new survey by TopCV of 1,000 UK professionals.Around 49% of professionals prefer hybrid working for better productivity and wellbeing.Interest in socialising outside work hours is declining across generations.While in-person office interaction is valued, remote relationship building is less effective for some.Career expert Amanda Augustine offers strategies to maintain workplace relationships in a hybrid environment.Hybrid working is increasingly preferred among career-driven professionals for its benefits to productivity and wellbeing. According to research conducted by TopCV, 49% of surveyed UK professionals indicated a preference for a hybrid work environment as it allows…
Employee motivation is crucial to maintaining a productive workforce. Without it, businesses face reduced productivity, increased absenteeism, and lower client satisfaction.Talos360 has conducted a comprehensive survey to identify key motivators influencing employee engagement and retention.The study gathered insights from over a thousand employees and hundreds of hiring managers across the UK, providing a detailed view of what matters to employees today.The survey results highlight ten primary motivators, with salary and job passion leading the list.These findings underline the importance of understanding employee needs to foster a motivated and effective workplace.Employee motivation forms the backbone of a productive business environment. It…
Cloud Nine partners with Frankie Bridge to enhance brand engagement.The collaboration reveals the ‘Frankie’s Nine’ campaign focusing on diversity.Gordons provides legal counsel, leveraging longstanding partnership with Cloud Nine.Gordons’ expertise ensures efficient project execution under tight timelines.The partnership highlights ambassador marketing as a strategic tool.Cloud Nine has embarked on a strategic partnership with presenter and broadcaster Frankie Bridge, diversifying its ambassador roster. This collaboration aims to leverage Bridge’s influence to propel the ‘Frankie’s Nine’ campaign, focused on inclusivity and promoting healthy hair.The ‘Frankie’s Nine’ campaign is a cornerstone of this partnership, designed to tell the stories of nine diverse individuals. By…
Frasers Group’s acquisition of the Frenchgate shopping centre highlights a strategic move towards expanding its real estate portfolio. The recent purchase marks the retail giant’s third investment in shopping centres, signalling a trend towards retailer landlords. Such acquisitions offer value through brand leverage. Ikea’s similar strategy provides insight into this evolving market. These developments indicate a shift in retail property dynamics.On 2 July, Frasers Group announced the acquisition of the 770,000 sq ft Frenchgate shopping centre in Doncaster. This purchase is part of the group’s ongoing strategy to expand its real estate holdings across the UK. Although the group did…
The July edition of Drapers offers a comprehensive view into current menswear trends and industry insights.An exclusive photoshoot unveils adaptable, stylish pieces ready for the unpredictable weather of the new season.Insights into the menswear catwalks of Europe and significant updates from Pitti Uomo are highlighted.The Drapers Fashion Retail Manifesto, aimed at the 2024 election, is shaping political conversations on retail policies.Industry leaders delve into the potential of digital technology in fashion at a key conference.The July issue of Drapers serves as a menswear showcase, featuring a 24-page buying guide for spring/summer 2025. An exclusive photoshoot presents versatile pieces designed for…