Sportswear group Intersport International has announced the sale of its sneaker chain The Athlete’s Foot and its 564 stores to Arklyz Group. The group, based in Switzerland, already owns sock supplier Intersocks.
Pulse Rewards is a new loyalty programme for good payers launched by Clearpay. The financier claims its “unique programme encourages responsible spending, by offering benefits to customers who make on-time payments”.
A new billion-pound shopping centre has been hit by flash flooding only days after it officially opened. The St James Quarter in Edinburgh was damaged at the weekend after Scotland’s capital suffered very heavy rain.
Activists from social justice organisation Attac on Saturday unfurled a giant banner over the headquarters of French luxury group LVMH and sprayed black paint on the storefront of its newly revamped La Samaritaine.
RewardStyle’s platform and its LiketoKnow.it shopping app are rebranding as LTK, a unified platform “to lead the industry in powering global creator commerce, servicing brands, influencers and shoppers”.
Retail in London’s premium Marylebone area has been given a boost with the addition of two new independent stores -- Labour and Wait and John Boyd Hats --added to landlord Portman Estate’s portfolio this month.
Cadogan Estates, the family-owned company that owns swathes of commercial and private properties across London’s Chelsea and Knightsbridge, has seen the value of its 93-acre portfolio fall by almost £800 million.
An online marketplace that combines health and sport brands is being launched in the UK by Decathlon. And the brand has lofty expectations to build the international digital venture into a billion euro-plus business.