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News
Today’s news in brief-22/2/24
Taxpayers are expected to cover millions in redundancy payments for laid-off staff at The Body Shop as the company undergoes…
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Clothing & Shoes
Pepco to cease Austrian operations
Pepco Group has announced that it is set to cease its operations in Austria as it does not foresee that…
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News
Today’s news in brief
Redwheel, the leading shareholder of Currys, has voiced concerns over the undervaluation of UK stock markets compared to their true…
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Supermarkets
Aldi to create 5,500 jobs in 2024
Aldi, Britain’s fourth largest supermarket, has revealed that it plans to create 5,500 new jobs across the course of 2024.…
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News
Today’s news in brief-20/2/24
Julian Dunkerton is reportedly in discussions with US investor Davidson Kempner regarding a potential deal to take the company private.…
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Clothing & Shoes
Superdry founder in talks with US investor for take private deal
Superdry founder Julian Dunkerton is reportedly in talks with US investor Davidson Kempner as he seeks to put together a…
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News
Today’s news in brief-19/2/24
Nike has announced plans to cut 1,600 jobs, approximately 2% of its workforce, in response to disappointing sales figures in…
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Clothing & Shoes
Nike to cut 1,600 jobs in cost trimming measure
Nike is set to cut 1,600 jobs, around 2% of its workforce, in an attempt to trim its costs after…
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News
Today’s news in brief-16/2/24
In January 2024, the UK experienced a significant rebound in retail sales, rising by 3.4% following a 3.2% decline in…
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Economy
Retail sales jump 3.4% giving optimism despite recession
Retail sales in the UK jumped 3.4% in January 2024 after falling 3.2% in December, according to data from the…
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