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Retail

Kidswear brand Newbie to open tenth UK store in Bracknell

Swedish lifestyle brand Newbie, part of the Kappahl Group, will open its tenth UK store at The Lexicon in Bracknell on Thursday 10 July at 12pm. The first 100 customers will receive goody bags and cinnamon buns to celebrate the launch. Credits: Newbie Known for its sustainable and nostalgic designs, Newbie offers clothing for babies, children (0...

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Business

KappAhl full-year sales up but gross margins take hit

Swedish fashion retailer KappAhl has reported a 3 percent increase in sales to 4.9 billion Swedish Krona (403 million pounds or 449 million euros) for the year to August, while gross margin fell to 59.5 percent from 61.8 percent last year. Full-year operating profit at the company fell to 168 million Swedish Krona (13.8 million pounds or 15.4...

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