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Clothing & Shoes
Ralph Lauren reaffirms guidance as revenues edge up to $1.5bn
Luxury retailer Ralph Lauren has revealed it expects FY revenues to meet expectations of low single digit growth as its…
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Online & Digital
Bookshop.org hits £3m profit for indie bookshops
Bookshop.org, the self-described “ethical book-buying alternative to Amazon”, has revealed it has generated £3m in profit since its launch for…
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Clothing & Shoes
Hirestreet launches first ever shoe rental collection with Schuh
UK rental platform Hirestreet has launched its first ever shoe rental offering as part of a new partnership with footwear…
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People Moves
Neptune appoints Will Kernan as chairman
British interiors and lifestyle brand Neptune has appointed Will Kernan as its chairman. Kernan joins Neptune’s senior leadership team to…
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High Street
Clintons could close fifth of stores to remain trading
Clintons could reportedly be set to close around a fifth of its stores in order to keep the company solvent.…
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Economy
Retail sector accounted for 16% of UK administrations in 2023, study finds
The retail sector accounted for 16% of administrations in the first six months of 2023 – the highest industry in…
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Economy
BoE raises interest rates to 5.25%
The Bank of England (BoE) has raised interest rates for the 14th consecutive time to 5.25% in a bid to…
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High Street
July footfall drops for the first time since 2009
Footfall across UK retail destinations declined by -0.3% over the month from June to July 2023, marking the first time…
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Clothing & Shoes
Dr Martens shares rise after Sparta Capital builds stake
Dr Martens saw its share price boosted at the start of this week (31 July) after it was targeted by…
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Clothing & Shoes
Skechers reports record revenues in Q2
Footwear retailer Skechers has reported record quarterly sales of $2.01bn (£1.56bn), a YOY increase of 7.7%. For the 12 weeks…
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