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Health & Beauty
Estée Lauder to axe up to 2,000 jobs
Estée Lauder has announced that it will axe between 1,500 and 2,000 positions across its global business in a bid…
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Entertainment
The Rolling Stones to open flagship Carnaby Street store
The Rolling Stones have announced they will officially open their first flagship store in London next month. The RS No.…
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Health & Beauty
Mothercare unveils new business model
Mothercare has announced the launch of a “more sustainable and less capital-intensive” business model going forward. The new model comes…
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Coronavirus
Pizza Express to close 73 sites, 1,100 jobs at risk
Pizza Express has formally launched a CVA in a bid to reduce its restaurant estate and rental cost base following…
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Supermarkets
Asda delivers ‘record’ online sales in Q2
Asda has announced that like-for-like sales, excluding fuel, increased by 3.8% year-on-year in the quarter ended 30 June. In its…
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Coronavirus
M&S to axe 7,000 jobs
Marks and Spencer has announced its plan to axe 7,000 roles across the business over the next three months. It…
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Department Stores
Selfridges launches sustainability initiative
Selfridges has announced the launch of a “transformational” sustainability initiative entitled Project Earth. The initiative builds upon previous steps the…
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Coronavirus
Covid-19 outbreak strikes M&S supplier
Greencore, the factory that provides Marks and Spencer with its ready-to-eat sandwiches, has confirmed it is “proactively testing” workers after…
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Luxury Goods
Watches of Switzerland returns to growth
Watches of Switzerland has reported that full-year revenue rose by 5.9% to £819.3m in the period ended 26 April, 2020. …
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Clothing & Shoes
Asos forecasts rise as returns fall
Asos has announced that sales and profit for its full year of trading are expected to be “significantly ahead” of…
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