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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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Clothing & Shoes
Frasers Group acquires Matches for £52m
Frasers Group has confirmed it has acquired the Matches business from MF Intermediate Limited in a deal estimated to be…
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News
Today’s news in brief-20/12/23
New figures from the Office for National Statistics (ONS) reveal that UK inflation has decreased to 3.9% in the year…
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Supermarkets
Asda’s interest bill to exceed £400m
Asda is set to see its debt interest bill exceed £400m by early next year as a result of rising…
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News
Today’s news in brief
South Korean e-commerce giant Coupang has reportedly reached an agreement to acquire Farfetch in a $500m rescue deal. The transaction…
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Health & Beauty
Revolution Beauty appoints North American chief
Revolution Beauty has announced the appointment of Erin Cast as president of North America. Based in New York, she will…
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News
Today’s news in brief-18/12/23
Farfetch is reportedly in advanced talks with a private equity-backed buyer for a last-minute rescue deal. The deal, if successful,…
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