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Clothing & Shoes
WIT Fitness to relaunch with founders amid Frasers partnership
WIT Fitness is set to relaunch with its original founders, having been acquired by Frasers Group in January 2024.Following the…
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Clothing & Shoes
Shein to file for £50bn London float
Shein is reportedly eyeing a London flotation that would value the fast-fashion company at £50bn. According to Sky News, the…
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Sport & Leisure
Ribble Cycles appoints new CEO
Ribble Cycles has appointed Sean Hastings as its new CEO, effective 1 July, 2024. He joins from B2C Group, where he…
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Supermarkets
Asda launches £50m store upgrade programme
Asda has announced the launch of a £50m store upgrade program, which aims to improve the design and shopping experience…
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Online & Digital
Ocado to be relegated from FTSE 100 as stocks fall
Ocado could face relegation from the FTSE 100 after its share price collapsed, amid reports the company is considering moving…
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Clothing & Shoes
Boohoo shareholders to revolt over exec bonuses
Boohoo is facing a backlash from its investors after awarding millions of pounds in bonuses to executives despite widened losses,…
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Economy
Retail sales slump 2.3% in April amid wet weather
Retail sales fell by 2.3% in volume over April, following a fall of 0.2% in March, as the retail sector…
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Online & Digital
Temu owner sales rocket 131% in Q1
The owner of Temu, PDD Holdings, has welcomed a strong first quarter of trading as sales rocketed 131% to RMB86.8bn…
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Health & Beauty
THG shareholder to vote against chair reappointment
An activist investor in THG is reportedly set to vote against the reappointment of chair Charles Allen as it criticised…
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High Street
The Works expects return to profit amid cost-cutting plans
The Works is anticipating a return to profit in its new financial year, having reported flat sales for FY24, following…
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