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Analysis
Inflation, fast fashion and how to keep shoppers in a recession
According to the Office for National Statistics (ONS), inflation is back in the single digits in August after it rose…
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Clothing & Shoes
JD Sports chair agrees £5.5m exit deal
JD Sports has reached an agreement with former chairman Peter Cowgill, which will see him receive £5.5m in an exit…
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Department Stores
Selfridges’ owners eye first regional UK expansion in 20 years
Central Group Europe, Selfridge’s operating company, is said to be targeting regional cities in the UK for the first time…
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Clothing & Shoes
H&M sales lower than expected in Q3
Swedish fashion chain, H&M, has revealed that net sales were lower than expected in its third quarter, rising only by…
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High Street
Mothercare profits hit £12m in FY22
Mothercare has revealed that the group’s profit for the 52 weeks to 26 March 2022 reached £12.1m, compared to its…
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Clothing & Shoes
Next pulls out of Joules takeover deal
Fashion retailer Next has reportedly pulled out of its takeover deal with Joules after talks between the two ended, according…
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Analysis
Retailers’ demands of the new PM
Liz Truss is fresh in her new role as prime minister with enough enthusiasm to tweet, “it’s time to deliver…
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People Moves
Land’s End appoints new CEO
Classic American lifestyle brand, Land’s End, has announced the appointment of Andrew McLean as the group’s new CEO. The news…
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High Street
Wilko restructures rent payments ahead of Christmas
The discount retailer, Wilko, is reportedly making changes to its rent payment schedule, according to The Sunday Times, as the…
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Supermarkets
CMA deems Morrisons’ takeover of McColl’s ‘would not harm shoppers’
The Competition and Markets Authority (CMA) has found competition concerns in only a small number of local areas after launching…
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