Author: Scott Dylan

Asos and Hirestreet have introduced a major subscription rental service, marking a significant UK retail collaboration.Subscribers can rent five garments monthly from a selection of over 20,000 Asos products for £75.The service launch focuses on occasion wear, with plans to expand to other collections soon.This initiative responds to a rise in demand for casual rental items noted by Hirestreet.The UK rental market is moving forward, striving to match the U.S. in subscription services.In a groundbreaking collaboration, Asos and Hirestreet have launched a subscription rental service that allows consumers to rent up to five garments each month. Priced at £75, this…

Asos teams up with Hirestreet for a major subscription rental service.Subscribers can rent five garments monthly from over 20,000 items for £75.The collaboration marks a large-scale expansion following last year’s initiative.Initial focus on weekend and party wear, with workwear and more to follow.This launch responds to rising demand for casual rental options in the UK.Asos has partnered with Hirestreet, introducing a significant expansion to the UK’s rental market through a subscription service. The service allows subscribers to rent up to five garments each month, drawing from a selection of over 20,000 Asos products. This initiative is hailed as “the biggest…

Despite numerous hurdles, Deichmann’s UK sales reached unprecedented levels in 2023.Revenue for the UK branch soared by 14% compared to 2022, reaching £139.1 million.The company’s online sales mirrored this success with a matching 14% increase.Expansion included the opening of nine new stores, including the first in Northern Ireland.Retail growth plans for 2024 include new technologies and marketing strategies.In 2023, Deichmann experienced significant success in the UK, overcoming a range of challenges to attain record-breaking sales figures. The company’s UK revenue surged to an impressive £139.1 million, marking a notable 14% increase from the previous year. This growth is a testament…

Jaguar Land Rover reports a notable spike in plug-in hybrid sales, reflecting a transitional shift towards electric vehicles.The company observed a 59% increase in plug-in hybrid electric vehicle (PHEV) sales compared to the previous year.Global sales of Range Rover PHEV variants rose by 47%, highlighting growing consumer adoption.Defender models also saw an upswing in popularity with a 23% rise in sales.JLR plans to introduce a fully electric option for each model by 2030 aiming for carbon neutrality by 2039.Jaguar Land Rover (JLR) has witnessed a significant increase in the uptake of its plug-in hybrid vehicles (PHEVs), illustrating a clear shift…

Imposter syndrome is a significant barrier preventing many women from pursuing mentorship roles, despite a strong desire to do so.Nearly a quarter of women lack the confidence to mentor, as highlighted before National Mentoring Day.Research shows 40% of women dismiss the idea of becoming mentors due to self-doubt.Factors such as uncertainty about the guidance they can offer contribute to this hesitation.Mentorship is evolving, with multi-generational dynamics offering new opportunities for personal and professional growth.Ahead of National Mentoring Day, which takes place annually on the 27th of October to focus on the benefits of mentoring, findings have emerged shedding light on…

Employers in England, Wales, and Scotland must now proactively prevent sexual harassment in the workplace.The Worker Protection Act 2023 imposes new duties on employers to safeguard workers from harassment, including by third parties.Regular risk assessments and updated anti-harassment policies are crucial for compliance.Comprehensive training for staff and management is essential to address these new legal obligations.Clear and confidential reporting mechanisms must be established for victims of harassment.Employers across England, Wales, and Scotland are now under a new legal obligation to take proactive measures against sexual harassment at work. This duty is mandated by the Worker Protection Act 2023, aiming to…

Harvey Nichols introduces a new, innovative shopping experience with Luxury Promise, focusing on second-hand luxury items from prominent brands.The pop-up shop opened on 14 October and will remain available until January 2025, located on the ground floor of Harvey Nichols, Knightsbridge.An array of item options such as Cartier jewellery, Rolex watches, Hermès handbags, and Chanel vanity cases is on offer.Harvey Nichols aims to make luxury accessible by providing pre-loved items from worldwide collections.CEO Julia Goddard expresses pride in collaborating with Luxury Promise to bring unique luxury shopping opportunities.Harvey Nichols has launched an exciting collaboration with Luxury Promise, highlighting the growing…

The British retailer Next has announced it expects its annual profits to exceed £1bn, thanks to improved sales and strategic acquisitions.An increase in fourth-quarter full-price sales by 1.0% to 3.5% prompted the retailer to adjust its profit guidance upwards.Total group sales are projected to rise by 7.4% this year, reaching £6.27bn, bolstered by acquisitions and favourable weather conditions.Next acquired a significant share in FatFace and increased its stake in Reiss, contributing to unexpected sales growth.Further updates from Next are anticipated in early January 2025, offering more insight into their fiscal performance.Next, a prominent British retailer, has projected its full-year profits…

Adidas and Kanye West, known as Ye, have resolved their legal conflicts, concluding a complicated chapter for both parties.This resolution follows multiple lawsuits over a two-year period stemming from Ye’s controversial comments.The conflict began when Adidas discontinued their partnership due to antisemitic remarks by Ye in 2022.Adidas CEO Bjorn Gulden announced there are no further issues or financial exchanges involved in the settlement.Adidas plans to sell remaining Yeezy products, with proceeds pledged to charity.Adidas and Kanye West, also known as Ye, have officially concluded their legal disputes, marking the end of a protracted and challenging period for both the sportswear…

The UK Chancellor is set to announce a National Insurance hike impacting major supermarkets.Tesco, Sainsbury’s, Asda, and Morrisons could see a £200m rise in contributions.The increase involves a two-percentage point hike in employer contributions.Retail experts predict significant impact on operating costs.Supermarkets are also facing other financial pressures with rising wages.The impending Budget announcement by the UK Chancellor involves a notable rise in National Insurance contributions, primarily affecting the country’s largest supermarket chains. This decision is expected to result in these retailers, including Tesco, Sainsbury’s, Asda, and Morrisons, incurring an extra £200 million in expenses, as confirmed by reports from Sky…