Tesco news and archive

In The Style establishes partnership with Tesco’s F&F brand

Fast fashion retailer In The Style (ITS) has announced a new partnership with F&F, the clothing brand of supermarket giant Tesco. Through the deal, the duo will release a collaborative collection set to launch on the ITS app and in 300 nationwide Tesco stores from June 20. Among the 22 piece collection will be a range of seasonal summer looks...

Business

Clothing drives non-food sales for Tesco’s Q1

British supermarket giant Tesco has reported its financials for the 13 weeks ended May 25, 2024, in which it saw its like-for-like sales rise 3.6 percent across the UK and ROI to 14.3 million pounds. While food sales continued to be the core driver for its overarching performance, with a quarterly growth of 5 percent, in the non-food category,...

Fashion |In Pictures Featured

Zara McDermott launches clothing brand Rise

Love Island star and influencer Zara McDermott has launched a new women’s ready-to-wear brand in collaboration with Luminoso Brands, the brand licensing and marketing division of Poeticgem group. Called Rise, the casual womenswear brand aims to offer “comfort, inclusivity and style,” and launches with a capsule collection of versatile, easy-wear...

RetailFeatured

The UK retailers making ‘record’ investments to raise staff pay

In a retail landscape marked by questions and concerns surrounding financial stability, mounting reports of “record” investments into employee pay suggest there is a light at the end of this gloomy economic tunnel. Various related announcements that have taken place over the past two months come after the introduction of a revised Real Living...

Retail |Beauty

Tesco launches dedicated menopause section in stores

Supermarket Tesco is trialling a new menopause-friendly section in selected stores, designed to help customers find dedicated products to help manage their symptoms and highlight other items that are safe to use when menopausal. The move comes as Tesco joins forces with GenM, an awareness collective that empowers brands to transform how women...

Fashion |In Pictures

Poeticgem launches young fashion brand with F&F

Poeticgem, the retail design and sourcing solutions subsidiary of the PDS Group, has launched an exclusive young fashion brand with F&F at Tesco, designed to offer trend-led fashion and everyday wardrobe staples. 'Oh Me Oh My' (OMOM) is a new lifestyle brand that aims to offer contemporary fashion for a “youthful audience,” explains Poeticgem,...

Business

Tesco ups FY profit outlook, but Home and Clothing sales fall in H1

British supermarket giant Tesco has upped its full-year profit guidance after reporting a robust first half of the year, despite sales at its Home and Clothing division declining. The retailer reported a 8.9 percent increase in group revenue in the six months to August 26, reaching 30.7 billion pounds. That came as its profit surged to 929...

RetailFeatured

Project Pegasus: John Lewis and Next among those joining crackdown on shoplifting

As the UK continues to battle on through its cost-of-living crisis, an increasingly prominent offset of the financial crunch has become front of mind for many retailers in the region. Shoplifting and retail theft is up 27 percent across 10 of the largest cities in the UK, according to the British Retail Consortium (BRC), which had been calling...

Fashion

Say Pants to the Tax gains momentum as more retailers back campaign

The ‘Say Pants to the Tax’ campaign and petition, launched by Marks & Spencer and Wuka, calling on the Government to reclassify period pants in line with other period products, which have been exempt from VAT since 2021, has gained support from Primark, Tesco, Sainsbury’s, and Mountain Warehouse. Currently, period products such as pads, tampons...

Fashion

Tesco becomes the first retailer to cover VAT on period pants

Supermarket giant Tesco is reducing the price of its F&F range of period pants by covering the cost of VAT after it announced it was joining the ‘Say Pants to the Tax’ campaign calling on the Government to reclassify period pants in line with other period products which have been exempt from VAT since 2021. In a statement, Tesco said the...

Fashion

Anya Hindmarch circular Universal Bag continues rollout

The Universal Bag project from luxury accessories designer Anya Hindmarch, manufactured by the Solent Group, is continuing its global rollout with new UK partnerships with supermarkets Tesco and Morrisons. The affordable reusable tote bags, designed by Hindmarch, are durable, 100 percent recycled and recyclable, and since the launch of The...

Business

Gerry Murphy to join as Tesco board chairman in September

Burberry Group plc chairman Gerry Murphy has been appointed as chair of the Tesco PLC board of directors with effect from September 1, 2023. The company said in a release that Murphy will step down as chair of Tate & Lyle PLC on the same day. Upon Murphy’s appointment, Tesco added, Byron Grote will step down from his role as the company's...