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Clothing & Shoes
Next profits jump 5.7% to £870m amid anticipation of future decline
Next has announced that its pre-tax profits rose 5.7% to £870m, up from £823m, for the year ended 31 January…
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Clothing & Shoes
Scotch and Soda rescued by Bluestar Alliance
Dutch fashion brand Scotch and Soda has announced that it has been acquired by New York brand management company Bluestar…
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Supermarkets
Tesco surpasses Whoosh rollout target by 25%
Tesco has surpassed its own target for the rollout of its rapid delivery service Whoosh, which is now available from…
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Property
Fortnum and Mason revamps flagship to appeal to wider audience
Fortnum and Mason is attempting to shed its image as a grocer for the super rich by revamping its flagship…
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Amazon staff set for more strikes after ‘insulting’ pay offer
Amazon workers in the UK are planning further strikes after receiving what they called an “insulting” 50p-an-hour increase in base…
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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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