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High Street
The Works shareholders vote to exit main stock exchange
The Works has announced that its shareholders voted to transfer shares from the main market of London’s Stock Exchange to…
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Luxury Goods
Mytheresa mulls bid for Yoox Net-a-Porter
Mytheresa is reportedly among possible bidders who are looking to acquire underperforming ecommerce business Yoox Net-a-Porter from Swiss luxury group…
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High Street
Wilko reopens store in Rotherham
Wilko officially returned to Rotherham on 29 March with a new store at Parkgate Shopping Centre. Deputy mayor of Rotherham,…
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Clothing & Shoes
Superdry CEO abandons takeover as Hilco extends funding facility
Superdry CEO Julian Dunkerton’s plan to takeover the group has fallen through, as the fashion retailer has announced a funding…
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Clothing & Shoes
Asos maintains profit guidance despite HY sales falling 18%
Asos has reported that sales fell by 18% during the half-year period to 3 March, which the online retailer…
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Shopping Centres
Cribbs Mall to welcome Sweaty Betty store
Cribbs Mall has announced that Sweaty Betty will be opening a new 1,714 sq ft store at the West Country…
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Supermarkets
Ocado faces shareholder revolt over £15m CEO bonus
Ocado reportedly could see a shareholder revolt over executive pay after a proxy advisor recommended investors vote against the retailer’s…
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Economy
Retail sales flatline in rainiest February on record
UK retail sales experienced no growth (0.0%) in February, down from 3.6% in the month prior, as wet weather discouraged…
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Online & Digital
Alibaba records rise in SME buyers at March Expo 2024
Alibaba.com has recorded a positive rise in the number of active B2B buyers from the UK at this year’s March…
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Online & Digital
Temu revenues double to £27bn in FY23
Temu owner PDD Holdings has reported total revenues at the discount e-retail group hit ¥247bn (£27bn) in the full year…
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