All News articles
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Bestway turns to CVA for some stores as it reaches impasse with landlords
Bestway Group has reportedly turned to a company voluntary arrangement (CVA) for some of its off-licences, after reaching an impasse with landlords over leases.
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Debenhams promotes from within as it names new creative director
Fashion retailer Debenhams, which is owned by Boohoo Group, has promoted from within to name a new creative director at the business.
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The Body Shop is ‘back in profit baby!’ new boss reveals
Ethical cosmetics specialist The Body Shop is back in the black – albeit over a short period.
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‘Proud moment’ for John Lewis as it wins royal warrant
Department store business John Lewis has been awarded a royal warrant by the king.
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Burberry has poached a Moncler exec for a board position
Luxury fashion brand Burberry has poached an exec from fellow premium retailer Moncler, for a board role as a non-executive director.
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UK inflation climbs to highest levels seen since the start of the year
Inflation across the UK hit its highest level seen since March, as surging petrol and clothing prices drove up costs in November.
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H&M has taken a minority stake in a Swedish retail technology platform
Fashion retailer H&M has become a minority stakeholder in Swedish retail technology platform Voyado as the company aims to build on its long-term strategy to enhance its capabilities
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Marks & Spencer is expecting ‘busiest Christmas’ at flagship online distribution centre
Marks & Spencer anticipates that this Christmas will be the busiest ever at its biggest distribution centre.
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Amazon is to settle a dispute with delivery drivers which could cost millions of pounds
Amazon is to settle a claim from a group of delivery drivers which accuses the ecommerce giant of preventing them from earning thousands of pounds.
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Kingfisher has sold its Brico Dépôt Romania business
Kingfisher has agreed to sell its Brico Dépôt Romania business, after what it described as a “competitive process” to find a bidder.
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Shoe Zone will close stores and slash jobs after profit warning
Struggling footwear retailer Shoe Zone has issued a profit warning and said it plans to close “a number of stores” due to increased costs related to the Budget.
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Landsec snaps up majority stake in shopping centre for £490m
Landsec has snapped up a majority stake in shopping centre Liverpool One in a deal worth £490m.
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Retail sheds 225,000 jobs in five years with Budget heaping on further pain
The sector shed over 225,000 jobs over the last half a decade, with the Budget set to heap further pain on retailers, warns the British Retail Consortium (BRC).
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Frasers chief executive lines up board role at luxury retailer
Frasers Group chief executive Michael Murray has been nominated to join the supervisory board at luxury retailer Hugo Boss.
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Temu has become the most downloaded iPhone app in the UK in 2024
Temu has topped the rankings as the most downloaded iPhone app in the UK in 2024 according to app store data released by Apple.
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Adanola unveils new collection as it expands into childrenswear
Athleisure retailer Adanola has become the latest fashion brand to expand into childrenswear with the launch of its new ‘mini icons’ collection.
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Shein is eyeing ‘exemption’ from listing rules ahead of anticipated London IPO
Fast-fashion giant Shein is reportedly seeking an “exemption” from UK regulators in regard to overlooking listing rules that require at least 10% of its shares to be sold to the public ahead of its highly-anticipated London float.
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Alo Yoga has opened its first store in Ireland amid ongoing expansion
Luxury activewear brand Alo Yoga has opened its first store in the Republic of Ireland as it continues on its bricks-and-mortar expansion throughout Europe.
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Lush and Gymshark top list of retailers accused of hiring young Christmas staff without rights
Unions have accused a host of retailers of utilising social media apps like TikTok to draft in young staff on gig contracts without basic employment rights in the run up to Christmas.
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Boots has revealed the biggest beauty trends of 2024
Boots has unveiled the biggest beauty and wellness trends of this year by using customer sales and search data.