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Retail

Laura Ashley to open first UK store under new owners

British fashion and home heritage brand Laura Ashley is set to open its first standalone store in more than five years at the Lakeside Retail Park in Essex on September 26. The opening marks the first bricks-and-mortar UK store under new owners Marquee Brands, the New York-based brand accelerator and owner of 17 brands, including Ben Sherman,...

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Business

Next rescues Seraphine from administration, upgrades full year profit guidance

Next is continuing its acquisition spree. The British retail giant has bought maternity brand Seraphine out of administration and, as a result, 95 employees have been made redundant. The deal, valued at 600,000 pounds, includes certain assets of the Seraphine business, including the brand and intellectual property. Next said it intends to “...

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