Online watch and jewellery store WatchShop.com will offer customers a new flexible payments option that will allow customers to spread the cost of their purchases over three equal, interest-free monthly payments.
The shock of the planned House of Fraser closures has been followed up by intense speculation with analysts debating the chances of the firm’s CVA being approved by its creditors, as well as HoF’s long-term prospects.
Stitch Fix on Thursday reported quarterly revenue and profit that blew past Wall Street estimates, as it added more subscribers to its personalised online clothing service, triggering a 12 percent rise in its shares.
The New York-based lifestyle company has unveiled its strategic growth plan and long-term financial outlook, with focus placed on attracting a new generation of customers, targeted regional expansion and digital growth.
UK supermarkets giant Sainsbury’s is gearing up for a future in which digital will become even more important than at present as sales for lines like Tu, Asda's George and the Argos offer increasingly move online.
The growing importance of ‘hard luxury’ was further illustrated on Thursday as Yoox-Net-A-Porter’s high-end menswear arm Mr Porter announced the launch of its new watches offer combining commerce with content.
House of Fraser has revealed its CVA and the worst fears of its staff and landlords have been realised as it has confirmed that it wants to close 31 stores, including its longstanding flagship on London's Oxford Street.