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Luxury Goods
Tapestry sales falter amid waning demand in North America
Tapestry, the parent company of Coach, Kate Spade and Stuart Weitzman has reported that net sales were down slightly from…
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Economy
Over 550,000 SMEs struggle to pay tax bills, study finds
More than 550,000 small and medium-sized businesses are currently struggling to pay tax bills, according to new research from Premium…
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Clothing & Shoes
Birkenstock UK profits fall despite jump in revenues
Birkenstock has revealed that its profits fell 12% to £3.9m in the sandal brand’s UK division for the year to…
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People Moves
Harvey Nichols CEO to step down
The CEO of Harvey Nichols, Manju Malhotra, has quit after 25 years with the company, The Telegraph has reported. Prior…
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Supermarkets
Asda sales up 9.6% to £5.4bn in Q2
Asda saw like-for-like sales increase 9.6% to £5.4bn in the second quarter, a 1.8% increase on the previous quarter as…
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High Street
Wilko competitors consider bids for its estate
Wilko’s non-food market competitors Poundland, B&M, The Range and Home Bargains are reportedly among the companies looking to settle a…
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Shopping Centres
Bird and Blend Tea Co. to open 15th store in Edinburgh
Independent tea company, Bird and Blend Tea Co., will be opening its 15th retail store in Edinburgh tomorrow (15 August),…
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Clothing & Shoes
Sweaty Betty owner lowers outlook amid Q2 revenue decline
Sweaty Betty owner, Wolverine Worldwide, has lowered its revenue and earnings outlook as it experienced a decline of 17.4% in…
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Shopping Centres
Frasers Group to open flagship Sports Direct in Sheffield
Frasers Group has taken over 180,000 sq ft of retail space in Meadowhall shopping centre, Sheffield, which includes a former…
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Luxury Goods
Tapestry acquires Versace owner for $8.5bn
The owner of Coach, Kate Spade and Stuart Weitzman, Tapestry Inc, has announced its acquisition of Capri Holdings, a global…
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