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Clothing & Shoes
Next boss warns of stock delays due to Red Sea attacks
Next chief executive Lord Simon Wolfson has warned of stock delays as a result of the attacks on cargo ships…
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News
Today’s news in brief-4/1/24
UK retail footfall rose by 6.1% in December driven by a festive shopping surge. Shopping centres led with an 11.1%…
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Sport & Leisure
JD Sports lowers guidance after underwhelming Christmas sales
JD Sports has lowered its full year profit guidance to between £915m – £935m, down from its ambitious £1bn target…
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News
Today’s news in brief- 3/1/24
Asda has appointed Matt Kelleher, former Chief Information Officer at Morrisons, as its first Chief Digital Officer. Kelleher will be…
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Supermarkets
Supermarkets see highest December transactions since 2019
Britons made 488 million trips to the supermarkets over the four weeks to 24 December, 12 million more than last…
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News
Today’s news in brief-2/1/24
Central Group is reportedly considering increasing its stake in luxury department store Selfridges as co-owner Sigma faces financial issues. Central…
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Supermarkets
Aldi and Lidl see record-breaking Christmas
Discount supermarkets Aldi and Lidl have both experienced record-breaking Christmas periods. Aldi posted sales over £1.5bn in the four weeks…
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News
Today’s news in brief- 22/12/23
Nike has announced a cost-saving plan of $2bn over the next three years and revised down its sales forecast. This…
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Sport & Leisure
Nike lowers sales forecast amid $2bn cost savings plan
Nike has announced that it is set to make cost savings of $2bn (£1.57bn)across the next three years and has…
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News
Today’s news in brief-21/12/23
Frasers Group has confirmed its acquisition of the Matches business from MF Intermediate Limited in a deal estimated at £52m.…
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