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Economy
Schuh pre-tax profits fall by £7m amid ‘extremely challenging year’
Schuh has reported a £7m fall in pre-tax profits to £6.1m attributed to a second consecutive year of “extremely challenging”…
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Economy
Treasury Committee urges MPs to reform ‘broken’ business rates
The government has been urged to fix the “broken” business rates system as it is continuing to affect high street…
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Economy
Sosander shares jump as revenues surge 53%
Shares in Sosander PLC jumped 12 % in early trading on Monday (28 October) as the retailer reported a strong…
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High Street
Arcadia to move Topshop logistics to Daventry warehouse
Sir Phillip Green is allegedly moving Topshop and Topman’s logistics to Daventey distribution centre Arcadia announced over the summer that…
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People Moves
Topshop appoints ex-M&S buying director as fashion head
Topshop has appointed former Marks and Spencer buying director, Gillian Ridley Whittle, as its new fashion director. Whittle began her…
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People Moves
Debenhams poised to name Mark Gifford as new chairman
Debenhams is reportedly about to name Mark Gifford, former chief financial officer at House of Fraser, as its new chairman.…
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High Street
UK retailers store profit margins halved since 2011, study finds
A new report by global professional services firm Alvarez and Marsal, in partnership with Retail Economics, has shown that store-based…
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People Moves
Tommy Hilfiger appoints Michael Scheiner as CMO
Tommy Hilfiger has appointed Michael Scheiner as its new chief marketing officer (CMO), effective October 28. With over 15 years…
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High Street
Bonmarché enters administration putting 2,900 jobs at risk
Womenswear retailer Bonmarché has entered administration, resulting in around 2,900 jobs being placed at risk including 200 at its head…
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