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News-In-Brief
Today’s news in brief-26/11/24
AO World has raised its full-year profit forecast to between £39m-£44m after reporting a 30% rise in pre-tax profits to…
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Clothing & Shoes
Sosandar HY losses narrow
Sosandar has revealed that its losses have narrowed to £0.7m, down from £1.3m, for the half year ended 30 September…
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News-In-Brief
Today’s news in brief-25/11/24
Asda has announced the return of Allan Leighton as executive chair, succeeding Stuart Rose. Leighton, who served as CEO of…
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DIY
Kingfisher lowers profit guidance amid flat Q3 sales
Kingfisher has lowered its full-year profit guidance after posting flat sales of £3.2bn for the three months ended 31 October,…
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News-In-Brief
Today’s news in brief-21/11/24
Boohoo has appointed Tim Morris as its new independent Chair, effective immediately, marking another milestone in the company’s ongoing restructuring.…
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Clothing & Shoes
Boohoo appoints new independent chair
Boohoo has announced the appointment of Tim Morris as the company’s independent chair with immediate effect. In his role as…
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News-In-Brief
Today’s news in brief-20/11/24
Ted Baker has re-entered the online retail scene with a UK-exclusive ecommerce platform following its financial collapse earlier this year.…
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Clothing & Shoes
Ted Baker relaunches UK website
Ted Baker has relaunched its ecommerce website under its new operator in the UK following its collapse earlier this year.…
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News-In-Brief
Today’s news in brief-19/11/24
Morrisons has achieved a significant reduction in its debt, cutting it by £2.4bn as part of a major restructuring. Since…
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Economy
Retailers warn National Insurance increase could cause job losses
A number of large retailers have warned that the National Insurance increase could cause inflation and job losses, in a…
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