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Sport & Leisure
Nike Q3 revenues up 14% to $12.4bn
Sportswear brand Nike has announced that its Q3 revenues increased 14% to $12.4bn (£10bn) for the three months ended 28…
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DIY
Kingfisher FY22 performance suffers amid strong FY21 comparables
Kingfisher has revealed its post tax profits fell 44% to £471m for the full-year period ended 31 January 2023. The…
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High Street
Home Bargains owner pockets £20m dividend despite falling profits
The billionaire owner of Home Bargains received more than £20m in dividends last year despite the company’s profits falling 26%,…
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People Moves
Sosandar appoints interim non-executive chairman
Sosandar has announced the appointment of Nick Mustoe as its interim non-executive chairman. The move comes after its former non-executive…
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Department Stores
John Lewis Partnership appoints new CEO
The John Lewis Partnership has announced the appointment of Nish Kankiwala as its new CEO. Kankiwala has been a non-executive…
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Clothing & Shoes
H&M Q1 net sales up 12%
H&M has announced that its net sales for the period between 1 December 2022 and 28 February 2023 rose 12%…
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Economy
Retail jobs at lowest four quarter average in over a decade
The number of retail jobs in the UK was down to its lowest average four quarter level in over a…
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Clothing & Shoes
Superdry appoints advisers to help cut costs
Superdry has appointed Interpath Advisory to help it cut costs after a number of profit warnings, according to reports from…
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Supermarkets
Tesco sounds out John Allan replacements
Tesco has reportedly begun sounding out potential replacements for its long-time chairman John Allan, according to Sky News. City sources…
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Supermarkets
Morrisons posts £1.5bn loss after CD&R acquisition
Morrisons has posted losses of £1.5bn one year after being acquired by US private equity firm Clayton, Dubilier and Rice,…
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