-
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…
Read More » -
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.…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
People Moves
Kering appoints Armelle Poulou as CFO
Kering has announced the appointment of Armelle Poulou as its new chief financial officer, effective September 1, 2023. Poulou joined…
Read More » -
High Street
UK loses 6,000 storefronts in five years
The UK high street has lost over 6,000 storefronts in the past five years as the vacancy rate increased to…
Read More »