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High Street
The Works lowers guidance due to sales uncertainty
The Works has announced that it has lowered its full-year guidance to an adjusted EBITDA of approximately £6.0m due to…
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News
Today’s news in brief-8/11/23
JD Sports is facing scrutiny over a £3.5m non-compete deal with its former CEO, Peter Cowgill. This agreement, signed in…
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Government
BRC welcomes government pledge to bring down inflation
The British Retail Consortium (BRC) has welcomed the government’s pledge to bring down inflation as outlined in the King’s Speech…
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News
Today’s news in brief-7/11/23
Fast fashion brand Shein has reportedly expressed interest in acquiring Topshop. This comes shortly after the acquisition of Missguided and…
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Clothing & Shoes
Primark sales jump 15% to £9bn
Primark owner Associated British Food (ABF) has revealed that Primark sales rose 17% to over £9bn, for the year ended…
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News
Today’s news in brief-6/11/23
The future ownership of the iconic London department store, Selfridges, is reportedly in question as co-owner Signa grapples with a…
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Clothing & Shoes
White Stuff profits and sales soar
Fashion retailer White Stuff has revealed that its EBITDA rose 141% to £7m, up from £2.9m, for the year ended…
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News
Today’s news in brief-3/11/23
In October, footfall in the UK dropped by 5.7% year-on-year, with high streets experiencing a 4.6% decrease, compared to a…
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Electrical
Currys agrees to sell Greek and Cypriot business
Currys has announced that it has entered into an agreement to sell its Greek and Cypriot business Kotsovolos for an…
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News
Today’s news in brief-2/11/23
Sainsbury’s announced that it expects to hit the upper half of its full year guidance of between £670m and £700m…
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