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Supermarkets
M&S profits fall by 24% in H2
Marks and Spencers has seen its profit-before-tax fall by 23.7% to £205.5m in the second half of the year. Nonetheless,…
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News
Retail sales recovery slows in October
The recovery of retail sales slowed in October, as on a total basis, retail sales increased by 1.6%, against an…
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Clothing & Shoes
Puma appoints new CEO
Puma has announced the appointment of Arne Freundt as its new CEO and chairman of the management board. The news…
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DIY
DFS order volumes recover in September
DFS has reported that its order volumes have grown relative to FY22 and the pre-pandemic financial year since early September,…
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Clothing & Shoes
Zalando revenues rise by 2.9% in Q3
Zalando’s revenues have increased by 2.9% in its third quarter, with its adjusted EBIT increasing to €13.5m (£11.7m), up from…
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Clothing & Shoes
Asos to axe 100 roles
London-based fashion retailer Asos is planning to axe 100 job roles, following a £32m pre-tax loss this year. It is…
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Supermarkets
Asda completes Co-op petrol station deal
Asda has completed the acquisition of 132 grocery retail sites with attached petrol stations from the Co-op for a value…
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Supermarkets
Aldi raises store assistant pay to £11 per hour
Aldi has revealed its plans to raise its starting pay for store assistants to £11 per hour nationally, and to…
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Clothing & Shoes
Inditex agrees sale of Russian business
Zara parent company Inditex has reached an agreement for the sale of its business operations within Russia to Daher Group. …
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Clothing & Shoes
Adidas and Gap end ties with Kanye West amid anti-semitic rant
Adidas has ended its working partnership with rapper Kanye West, saying it “does not tolerate antisemitism”, after West published offensive…
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