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Clothing & Shoes
Next raises profit guidance as festive sales beat expectations
Next has revealed that it has raised its full-year pre-tax profit guidance by £5m up to £1.01bn after a better…
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News-In-Brief
Today’s news in brief-6/1/25
Fast-fashion retailer Shein is set to face scrutiny from a Parliamentary Committee over labour practices in its supply chain. The…
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Online & Digital
Shein to face Parliamentary Committee over labour practices
Fast-fashion retailer Shein is set to be brought before a Parliamentary Committee to be questioned over the rights of workers…
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Today’s news in brief-3/1/25
Revolution Beauty has resolved its legal dispute with former shareholder Chrysalis Investments through a confidential settlement. Despite earlier threats of…
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Clothing & Shoes
Hugo Boss appoints new senior vice president global marketing
Hugo Boss has announced the appointment of James Foster as senior vice president global marketing. He has officially joined the…
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Today’s news in brief-2/1/25
Lidl reported its best-ever Christmas performance, with turnover surpassing £1bn for the first time, a 7% increase over the four…
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Economy
Retail lost close to 13,500 stores in 2024, study finds
Nearly 13,500 shops shut for good in 2024, according to data from the Centre for Retail Research. This is a…
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Supermarkets
Ocado customers missing Christmas items amid warehouse malfunction
Hundreds of Ocado orders have been delivered with missing items after a malfunction at one of its Customer Fulfilment Centre’s…
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News-In-Brief
Today’s news in brief-23/12/24
Fashion retailer Quiz plans to delist from the Alternative Investment Market (AIM) and re-register as a private company following weak…
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Clothing & Shoes
Quiz proposes stock market exit amid financial difficulties
Quiz has proposed plans to cancel its listing on the Alternative Investment Market (AIM) and re-register as a private company…
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