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High Street
New Look pre-tax losses narrow despite fall in FY sales
New Look has reported that its pre-tax losses narrowed from £87.8m to £21.7m for the year to 30 March, despite…
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People Moves
Mike Ashley ‘ready’ to assume CEO role at Boohoo
Mike Ashley, the founder of Frasers Group, is reportedly “all in” to take up the post of CEO at Boohoo…
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Department Stores
John Lewis to invest £800m in store renovations over next four years
John Lewis has announced an £800m investment to enhance the group’s stores over the next four years, with the makeovers…
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Clothing & Shoes
Whistles owner in advanced talks to acquire White Stuff
The Foschini Group (TFG), which owns fashion retailers Whistles and Phase Eight, is reportedly in “advanced” talks to acquire high…
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Shopping Centres
LDO secures French Connection and Rituals stores
The outlet shopping destination in Wembley Park, London Designer Outlet (LDO), has announced the arrival of French Connection and Rituals. …
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Online & Digital
Virgin Wines returns to profitability in FY24
Virgin Wines has reported a return to profitability in the year to 28 June 2024, as profit before tax rose…
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Supermarkets
Ocado eyes former Microsoft exec for chairman role
Ocado Group reportedly has plans to recruit former Microsoft executive, Adam Warby, as its next chairman to replace Rick Haythornthwaite,…
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Clothing & Shoes
Hotter Shoes to increase UK production
Hotter Shoes’ new owner, WoolOvers, reportedly has plans to increase the number of products it makes within the UK to…
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Analysis
A look at Mulberry’s financial struggles and future prospects
Once a darling of the British fashion scene in the 2000s, Mulberry was a go-to accessory for trendsetters like Alexa…
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High Street
Mothercare secures refinancing deal amid Asia expansion plans
Mothercare has agreed a deal that will see it refinance its existing debt facilities with investment firm Gordon Brothers, whilst…
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