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Clothing & Shoes
H&M FY profits fall 88%
H&M has revealed the extent of damage coronavirus has had on its business, with profit crashing 88% to SEK 2.05bn…
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Analysis
Supermarkets, the unsung heroes
Of all the many seismic changes that 2020 has precipitated, one that may have gone under the radar of most…
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High Street
Paperchase rescued in pre-pack Permira deal
The majority of Paperchase stores are reportedly set to be rescued in a pre-pack deal that is poised to save…
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Clothing & Shoes
JD Sports mulls £400m share placing
JD Sports Fashion is reportedly eyeing up an equity sale of around £400m as it “eyes further opportunities” to expand…
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Online & Digital
Feelunique sales soar in golden quarter
Online beauty retailer Feelunique has welcomed a period of “strong” trading during its golden quarter, with sales soaring by 39%…
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Advice
The rise of friendly fraud: What’s so friendly about it, anway?
Can there be such a thing as ‘friendly’ fraud? What exactly is it, why is it happening and what can…
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Coronavirus
Retail sales fall to lowest ever annual level
The retail sector has suffered its largest annual fall since records began, with total sales down 1.9% against the year…
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Online & Digital
Eve Sleep exceeds expectations in 2020
Eve Sleep has announced that full-year trading has exceeded expectations, with total revenue up by 6% to £25.5m, boosted by…
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Clothing & Shoes
Burberry hails strategic progress despite sales decline
Burberry has welcomed a period of “strong” strategic progress in its third quarter, despite sales sliding by 9% in the…
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Government
Sunak looks to raise corporation tax in March budget
Chancellor Rishi Sunak is reportedly looking to raise corporation tax in the upcoming March budget to pay off the estimated…
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