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Clothing & Shoes
Scotch & Soda files for bankruptcy for Dutch operations
Scotch and Soda has filed for bankruptcy for its Dutch operations after a structural cash flow deficit led to a…
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Clothing & Shoes
New Look places 70 head office roles at risk
Around 70 jobs could be at risk across New Look’s London and Weymouth head offices following a restructure of the…
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Department Stores
John Lewis mulls end to 100% staff ownership structure
John Lewis is considering diluting its 100% staff ownership structure in a bid to raise investment after the business faced…
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Department Stores
John Lewis axes bonus as losses surge to £234m
John Lewis has seen losses plummet to £234m in its full-year results, down from a loss of £27m the prior…
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Clothing & Shoes
M&S rolls out Nobody’s Child pop-ups across 30 stores
Marks and Spencer is set to roll out fashion brand Nobody’s Child to 30 stores across the UK from March…
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Online & Digital
Virgin Wines launches business review as profits plummet
Virgin Wines has launched a full review of the business after profits tumbled to £0.1m in its half-year results, down…
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Supermarkets
Issa brothers mull sale of Asda properties as debt costs rise
The Issa brothers are reportedly planning to explore a sale of Asda’s £8.6bn property estate in a bid to tackle…
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Clothing & Shoes
Mango welcomes record turnover of €2.7bn in FY22
Mango has welcomed record sales in 2022, with turnover reaching €2.7bn (£2.4bn), the highest in the company’s history and 20.3%…
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People Moves
JD Sports appoints Currys chair to board
JD Sports has appointed Ian Dyson as a new non-executive director, with effect from today (9 March 2023). Following his…
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Comment
Data is the perfect conversation starter for retailers – check out Tesco for proof
Improving online and in-store integration is a priority for many omnichannel retailers in 2023. Tesco, for instance, has seen huge…
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