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News
Today’s news in brief-30/9/24
Boohoo is reportedly considering a break-up of its business, following pressure from shareholders to revive the company’s declining fortunes. Boohoo’s…
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Clothing & Shoes
Former Missguided owner in talks to buy Kurt Geiger
Alteri Investors, former owner of Missguided, is reportedly among a number of parties in discussions to buy Kurt Geiger, according…
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News
Today’s news in brief-27/9/24
Amazon’s UK division has resumed paying corporation tax for the first time since 2020, ending a period of tax credits…
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Supermarkets
Morrisons Q3 sales jump 2.1% to £3.9bn
Morrisons has announced that its total sales excluding fuel rose 2.1% to £3.9bn for the three months ended 28 July…
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News
Today’s news in brief-26/9/24
Morrisons has finalised a £370m deal with Song Capital, retaining ownership of 75 supermarket properties’ freehold while receiving income over…
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Clothing & Shoes
H&M lowers profit target as sales flatline in Q3
H&M has revealed that it does not expect to hit its profit margin of 10% which it forecast for the…
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News
Today’s news in brief-25/9/24
Asos, facing significant financial challenges, has initiated consultations to potentially cut over 200 jobs at its head office. The move…
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Supermarkets
Co-op returns to profit in H1 despite rise in shoplifting
Co-op has returned to profit in its half-year results, posting a pre-tax profit of £58m for the half year ended…
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News
Today’s news in brief-24/9/24
Harrods has launched an internal investigation to determine if any current staff were involved in allegations of rape and sexual…
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Department Stores
Harrods investigating if current staff involved in Al Fayed allegations
Harrods has revealed that it is investigating if any of its current staff were involved in allegations against former owner…
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