Browsing: Retail

Asos faces significant challenges with an 18% drop in UK orders and a steep decline in revenue.Despite these setbacks, CEO…

Primark’s parent company, Associated British Foods (ABF), is increasing its focus on automation to mitigate tax increase impacts.ABF plans to…

Independent department store chain Morleys appoints Allan Winstanley as CEO starting January 2025.Winstanley replaces Nigel Blow, who stepped down in…

Marks & Spencer reports strong first-half earnings for 2024.Sales reach £6.5 billion, a 5.8% increase compared to previous period.Profit before…

Marks & Spencer reports a positive sales growth yet faces a financial ‘headwind’ due to rising operational costs.Clothing and home…

Frasers Group has expressed concerns over Boohoo’s latest strategic decisions, particularly around leadership and asset management.Frasers has called for Boohoo…

Philip Browne, a renowned menswear retailer in Norwich, will close after 38 years.The closure follows the acquisition by Frasers Group,…

M&S faces a £60m increase in National Insurance costs due to Budget changes.CEO Stuart Machin confirms plans to find savings,…

Pandora’s third-quarter results reflect a strategic transformation into a full jewellery brand, leading to increased profits.The company’s earnings before interest…

Frasers Group challenges Boohoo’s asset sale strategy, urging shareholder approval.Frasers Group owns 27% of Boohoo and accuses it of ignoring…