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Supermarkets
Fortress to launch review if Morrisons bid successful
US Private equity fund Fortress Investment Group will reportedly launch a review of Morrisons’ operations within the first six months…
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News
Coca-Cola raises FY guidance amid revenue spike
The Coca-Cola Company has raised its expected organic revenue growth for the full year to between 12% and 14%. The…
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Health & Beauty
Unilever welcomes rising sales in H1
Unilever has reported an underlying sales growth (USG) of 5.4% year-on-year during the first half of FY21. The growth was…
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News
Mike Ashley launches high court action over Debenhams collapse
Sports Direct owner Mike Ashley has reportedly gone to the High Court to set aside a settlement agreed with Debenhams…
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Entertainment
HMV to open 10 high street sites
HMV, the music and entertainment retailer, reportedly intends to launch 10 new shops across the UK this year. According to…
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Supply Chain
Bestway FY20 profits soar 82% to £38m
Bestway Wholesale Group has reported a year-on-year rise in EBITDA of 81.8% in FY20, up from £20.8m to £37.9m. Revenues…
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Sport & Leisure
NBA launches debut UK store in partnership with Fanatics
The National Basketball Association (NBA), in partnership with sports merchandise retailer Fanatics, has announced the launch of a debut UK…
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Health & Beauty
Sephora agrees £132m Feelunique takeover deal
French cosmetics group Sephora has reportedly agreed a takeover deal with Jersey-based beauty retailer Feelunique for £132m. According to ITV…
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Clothing & Shoes
Uniqlo lowers FY forecast amid Q3 ‘shortfall’
Fast Retailing, the owner of Uniqlo, has lowered its full year forecast due to a “shortfall” in its Q3 results.…
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Luxury Goods
Liberty London swings to £12.6m loss in FY21
Liberty London has swung to a management EBITDA loss of £12.6m for the 52 weeks ended 30 January 2021, following…
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