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High Street
Apparel Brands acquires kidswear brand Hype
Apparel Brands has announced its acquisition of kids backpack and streetwear label, Hype, for an undisclosed amount. As a result…
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Supermarkets
Asda eyes more job cuts as Q3 sales fall 4.8%
Asda is reportedly planning further job cuts after confirming last week that some 475 roles in its Leeds and Leicestershire…
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People Moves
Burberry names former Topshop CEO as new product boss
Burberry has announced the appointment of the former CEO of Topshop and Topman in London, Paul Price, in an expanded…
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Supermarkets
Sainsbury’s maintains outlook as H1 profits rise by 4.7%
Sainsbury’s has reported that profit before tax rose by 4.7% to £356m in its half-year results, with underlying operating profit…
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Clothing & Shoes
Zalando Q3 revenues rise 5% to £2bn
Zalando has reported that revenues rose 5% to €2.4bn (£2bn), with adjusted EBIT climbing from €23m (£19.1m) to €93m (£77.5m)…
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Department Stores
John Lewis partners with Klarna for BNPL offer
John Lewis has partnered with Klarna to offer online customers the choice to check out with its interest-free ‘Pay in…
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Clothing & Shoes
Mohsin Issa backs GoThrift through new start-up investment fund
Asda co-owner Mohsin Issa, and his partner Victoria Price, have reportedly taken a significant stake in Manchester-based secondhand clothing website,…
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Health & Beauty
Young care leavers to make up 5% of Superdrug’s workforce by 2030
Superdrug has pledged its support of young care leavers this National Care Leavers Week – 28 October to 3 November…
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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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