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Supermarkets
Morrisons cuts prices for third time amid Aldi battle
Morrisons has revealed that it has decided to cut its prices for the third time in three months as it…
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Clothing & Shoes
Brunello Cucinelli revenues rise 29.1% to €919.7m
Brunello Cucinelli has reported that its 2022 revenues increased to €919.7m (£807.2m), marking a 29.1% rise over 2021, according to…
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Clothing & Shoes
Strikes cause 11.1% decrease in retail footfall, reports Springboard
Footfall declined 11% yesterday as a result of the UK-wide strike action, according to a new report by MRI Springboard.…
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Clothing & Shoes
Burberry appoints new chief financial officer
Burberry has announced the appointment of Kate Ferry as chief financial officer and executive director. By early September 2023, Ferry…
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Supermarkets
Sainsbury acquires 21 supermarkets in £431m deal
Sainsbury has announced the purchase of 21 supermarkets in a £431.5m deal from Supermarket Income REIT. In addition to the…
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Clothing & Shoes
Allbirds hires new chief financial officer
Allbirds has appointed Annie Mitchell, as chief financial officer, effective April 24, 2023. She will replace Mike Bufano, who will…
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Clothing & Shoes
Prada reports profits rise 21% to €4.2bn for FY22
Prada Group has reported that its 2022 revenues increased to €4.2bn (£3.7bn), marking a 21.3% rise over 2021, according to…
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Clothing & Shoes
Adidas profits fall 1% to £9.45bn amid Yeezy split
Adidas has reported that its FY gross profit declined 1% to £9.45bn, down from the £9.54bn it made in 2021,…
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People Moves
Co-op hires new chief financial officer
The Co-op has announced the appointment of Rachel Izzard as chief financial officer and a member of the Co-op Group…
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Clothing & Shoes
Zalando’s customer base surpasses 50 million
Zalando, European fashion and lifestyle retailer, has announced that its customer base grew 6% more than 51 million last year…
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