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Features
Four things we learned from the John Lewis’ latest results
John Lewis held a partnership call with shareholders and members of the press after it revealed it returned to profit…
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News
Today’s news in brief-19/3/24
Castore has secured the Umbro Pro Team Sports licence. This strategic move positions Castore as an exclusive marketer of Umbro…
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High Street
DFS lowers guidance and warns on Red Sea Crisis
DFS has revealed that it has lowered its full year profit guidance to between £20-£25m after market demands weakened in…
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News
Today’s news in brief-18/3/24
The Saudi PIF, along with Kering, is reportedly eyeing a stake in Selfridges as the store’s co-owner, Central Group, faces…
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Electrical
Currys ups profit guidance after takeover bid fails
Currys has revealed that it expects its full-year pre-tax profit to be “at least £115m” after predicting it would land…
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News
Today’s news in brief-15/3/24
After 14 years of service, Iain McDonald, a non-executive director at THG, has announced his intention to step down from…
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High Street
Ann Summers appoints finance director amid CFO retirement
Ann Summers has announced that Kristina Moln-Page has been promoted to the role of finance director, effective from 1 July…
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News
Today’s news in brief-14/3/24
John Lewis announced a pre-tax profit of £42m, a significant turnaround from the previous year’s loss of £78m. Despite this,…
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Department Stores
John Lewis returns to profit but pays no staff bonus
John Lewis has revealed a pre-tax profit of £42m before exceptional items for the year ended 27 January 2024, up…
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News
Today’s news in brief-13/3/24
Morrisons reported a loss of £1.1bn for the year ending October 2023. The increase in debt, mainly due to the…
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