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People Moves
B&M CEO to retire as group lowers FY guidance
B&M has revealed that chief executive Alex Russo will retire on 30 April, as the group announced it has lowered…
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Sport & Leisure
Frasers Group withdraws offer for Norway’s XXL ASA
Frasers Group has announced that it will not proceed with its intended voluntary offer for the shares in Norwegian sporting…
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Luxury Goods
Tapestry agrees to sell Stuart Weitzman brand for $105m
Luxury retail group Tapestry has entered into a definitive agreement to sell the Stuart Weitzman brand to Caleres, a portfolio…
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DIY
Furniturebox returns to profit as FY sales rise 20% to £25m
Furniturebox has reported a profit of £612,288 for the year ended 31 July 2024, as sales in the period rose…
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Clothing & Shoes
Shein chairman says growth ‘remains strong’ despite tariff woes
Shein’s executive chairman, Donald Tang, has reportedly reassured shareholders that the company’s growth “remains strong”, even after the US removed…
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Clothing & Shoes
West End loses out on £640m in sales due to tourist tax, NWEC says
West End retailers have reportedly lost around £640m in sales last year due to the lack of tax-free shopping for…
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People Moves
Space NK founder joins Philip Kingsley as non-exec director
Global hair care brand Philip Kingsley has announced the appointment of Space NK founder, Nicky Kinnaird MBE, to the board…
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Clothing & Shoes
Birkenstock FY turnover rises 25% to £59.8m amid store expansion
Birkenstock has reported that its turnover rose 25.1% to £59.8m in the year ended 30 September 2024, thanks to a…
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Clothing & Shoes
Joshua Alliance completes £191m N Brown takeover
N Brown Group’s non-executive director and fourth-largest shareholder, Joshua Alliance, has announced the completion of the group’s £191m acquisition. News…
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Clothing & Shoes
Shein abandons UK warehouse opening amid London listing uncertainty
Fast fashion group Shein has reportedly abandoned plans to open a warehouse in the Midlands, according to The Telegraph, as…
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