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Supply Chain
Retailers reportedly scramble for Xmas stock amid surge in shipping costs
European retailers are reportedly scrambling to get their Christmas orders early amid higher shipping costs and trade route disruptions that…
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People Moves
Pashley Cycles appoints new CEO
Pashley Cycles has appointed Andy Smallwood as its new chief executive with effect from 3 June. Smallwood joins Pashley Cycles…
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Supermarkets
Supermarkets enjoy 3.3% sales boost in May
Total Till sales at UK supermarkets remained strong at +3.3% growth for the four weeks ending 18 May 2024, according…
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Clothing & Shoes
Abercrombie and Fitch Q1 sales surge to $1bn
Abercombie and Fitch has reported a 22% increase in net sales to $1bn (£787.3m) for the first quarter ended 4…
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Clothing & Shoes
Boohoo ditches £1m exec bonus plan after shareholder backlash
Boohoo has announced that it has decided to withdraw from paying its top executives bonuses worth £1m after it received…
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Clothing & Shoes
Gov should be talking about ‘falling apprenticeships’, says John Lewis boss
The outgoing chair of John Lewis, Dame Sharon White, has claimed that the government should be discussing the reasons why…
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Clothing & Shoes
Ted Baker shuts down US stores and website
Ted Baker has reportedly shut down its North American-based stores and website after falling into administration. It is believed that…
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Department Stores
Smart Toys and Games acquires Wow Toys
Belgian puzzles and games company Smart Toys and Games has announced the acquisition of Wow Toys company (NAD Developments Limited).…
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Online & Digital
Music Magpie trading in line with expectations amid takeover talks
Music Magpie has announced that its Q2 trading has been broadly in line with management’s expectations and has benefitted from…
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Clothing & Shoes
Shoe Zone profits remain flat amid rise in revenues
Shoe Zone has reported that its adjusted profit before tax remained flat at £2.5m for the 26 weeks to 30…
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