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Clothing & Shoes
Primark H1 sales surge 60%
Associated British Foods (ABF) said it expects sales and adjusted operating profit to be ahead of the pre-Covid levels that…
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Supermarkets
John Lewis axes Never Knowingly Undersold pledge
John Lewis has announced it is scrapping its Never Knowingly Undersold pledge after nearly a century as the company said…
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Clothing & Shoes
Farfetch revenues hit $2.3bn
Farfetch Limited, the global platform for the luxury fashion industry, has reported its revenues increased 35% year-on-year to $2.3bn (£1.71bn)…
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Coronavirus
Lush to continue paying Covid-positive staff to self isolate
Lush has announced it will continue to financially support its retail employees in UK and Ireland customer-facing roles in a…
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News
Studio Retail appoints Teneo as administrators
Studio Retail, the online retailer, formally appointed Teneo as administrations last night to handle its collapse, according to The Times.…
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Supermarkets
Morrisons moves to carbon milk packaging to reduce plastic
Morrisons has announced it has become the first UK supermarket to sell its own brand fresh milk in carbon neutral…
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Clothing & Shoes
Ted Baker Q4 sales jump 35%
Ted Baker Plc has announced its group sales increased 35% year-on-year in the 12-week period from 7 November 2021 to…
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Online & Digital
Wayfair strengthens technology leadership team
Wayfair Inc. has announced that Ashwin Rao has joined the company as chief science officer, and Niraj Nagrani as vice…
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Online & Digital
Made.com CEO to step down
Made.com Group Plc has announced that Philippe Chainieux will step down from his role today as chief executive officer (CEO)…
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Economy
Overseas appetite soars for UK retail sector M&A
Overseas interest has created a surge in deal activity in the UK retail sector in 2021, with overseas acquirors presenting…
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