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Supermarkets
Iceland expands product range in latest innovation push
Iceland Foods and The Food Warehouse have announced the launch of over 800 new products as part of its latest…
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Clothing & Shoes
Inditex H1 sales rise by 7.2% to €18bn amid ‘well received’ collections
Zara-owner Inditex has reported a 7.2% year-on-year rise in revenues to €18.1bn (£15.3bn) for the first half of 2024, with…
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Luxury Goods
Burberry valuation hits 15-year low as market value falls to £2bn
Burberry shares have dropped by about 8% following a downgrade by Barclays, which has reduced the luxury fashion retailer’s market…
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Electrical
Gear4music on track for FY25 revenues of £154.7m
Gear4music expects that revenues for the year ending 31 March 2025 will be on track to hit a total of…
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Clothing & Shoes
Primark UK sales drop amid weak footfall and bad weather
Primark’s parent company, Associated British Foods (ABF), expects like-for-like sales for Primark UK to fall by around 2% in the…
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People Moves
The Very Group appoints former Asos exec as NED
The Very Group has announced the appointment of Nick Beighton and Paul O’Donnell to the company’s board as non-executive directors. …
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Supermarkets
ACS warns of instances of smaller stores buying stolen goods from shoplifters
The Association of Convenience Stores (ACS) has reported that some smaller shops are buying stolen goods from professional shoplifters who…
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Clothing & Shoes
New Look partners with ITF to protect supply chain workers
New Look has partnered with the International Transport Workers’ Federation (ITF) to ensure that transport workers’ human and labour rights…
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Clothing & Shoes
Frasers to grow presence in Australia with latest investment
Frasers Group has announced the purchase of a 14.65% strategic investment in Accent Group Limited, a retail and distribution business…
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Clothing & Shoes
M&S to trial new clothing-only format as fashion sales rebound
Marks and Spencer is reportedly looking to open clothing-only stores after a rise in demand for its lingerie and cashmere…
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