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Clothing & Shoes
Matalan expects profits to improve despite drop in revenues
Matalan has revealed it expects its FY24 EBITDA of £60m-£65m, up from £30.6m in FY23, despite seeing its revenues fall…
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Economy
Hot weather boosts June retail sales
June retail sales beat forecasts in June, rising 0.7% compared with predictions of 0.2%, as hot weather helped encourage shoppers.…
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Clothing & Shoes
Kim Kardashian’s Skims valued at $4bn in latest funding round
Kim Kardashian’s Skims brand has reportedly raised $270m in its latest funding round which values the business at $4bn (£3bn),…
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Supermarkets
Supermarkets see largest drop in grocery price inflation since its peak
Grocery price inflation has seen its steepest decline since inflation peaked in March this year, falling 1.6 percentage points to…
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Clothing & Shoes
Hotter Shoes owner confirms intention to appoint administrators
Hotter Shoes owner, the Unbound Group, has confirmed its intention to appoint administrators to its main subsidiary after it was…
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Clothing & Shoes
Sustainable retail concept All Good Things secures £2.5m investment
All Good Things, the independent retailer that exclusively sells pre-loved, fragmented or repaired clothing, has secured a £2.5m equity investment.…
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Economy
UK economy shrinks in May
The UK economy contracted by 0.1% in May as output was negatively affected by the King’s coronation, according to the…
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Clothing & Shoes
N Brown launches new Jacamo website
N Brown has launched a new trading website for Jacamo, the group’s leading inclusive menswear brand. The launch follows the…
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Online & Digital
Amazon UK has lost 1 million app users, study finds
Amazon UK has lost over 1 million app users since the start of the year amid an emergence of international…
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Supply Chain
Demand for retail warehousing falls to decade low
Demand for retail warehousing has reportedly fallen to its lowest point in the last decade, according to The Telegraph. The…
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