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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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News
Today’s news in brief-15/2/24
The UK has entered a technical recession as its GDP contracted by 0.3% in the final quarter of 2023. This…
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High Street
Poundland to refurb 150 stores
Poundland has announced that it is set to commence refurbishments on 150 stores set to be completed by August this…
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News
Today’s news in brief-14/2/24
The British Retail Consortium (BRC) reported a disturbing surge in violence and abuse against retail workers, with incidents increasing by…
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Government
Abuse of retail workers almost doubles to 1,300 incidents a day
Violence and abuse against retail workers jumped almost 50% as the number of incidents rose to 1,300 per day in…
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