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Economy
GDP shrinks 1.6% in Q1
The UK’s quarterly gross domestic product (GDP) fell an estimated 1.6% in Q1 2021, a larger margin than the previously…
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Advice
How retailers can reduce cart abandonment rates
Covid-19 restrictions have radically altered consumer shopping behaviours over the past year. While brick and mortar stores used to be…
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Health & Beauty
Revolution Beauty announces AIM float intentions
Revolutionary Beauty Group has announced its intention to trade on AIM in a float expected to take place in July…
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Clothing & Shoes
Allbirds eyes NYSE float
Woolen trainer retailer Allbirds has reportedly tapped a number of banks for an initial public offering (IPO) on the New…
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Clothing & Shoes
Matalan FY21 losses widen to £118m
Missouri Topco, the owner of Matalan, saw its losses for the 52 weeks ended 27 February 2021 extend to £118.6m,…
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Clothing & Shoes
Nike Q4 revenues surge 96% to £8.85bn
Nike saw its revenues spike 96% year-on-year to $12.3bn (£8.85bn) for the three months ended 31 May 2021. The group…
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HR
Co-op introduces flexible pregnancy loss policy
Co-op has announced the launch of a new pregnancy loss policy, centred around a flexible paid leave structure. Designed to…
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Supermarkets
Poundland wins £2.15m HMRC VAT case
Poundland has won a £2.15m VAT case against HMRC regarding a stock adjustment dispute on the group’s switch from the…
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Clothing & Shoes
Seraphine confirms plans for £61m IPO
Maternity brand Seraphine has confirmed its upcoming float on the London Stock Exchange in an IPO that is expected to…
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Clothing & Shoes
Reformation to launch Covent Garden flagship
Sustainable fashion brand Reformation has agreed terms to launch a new London flagship store in Covent Garden. Opening at 27…
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