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High Street
Co-op profits dropped by almost 50% in H1
The Co-operative Group saw profits drop by almost 50% in the six months to July, as the firm’s funerals business…
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High Street
Inditex reports record net sales and revenue in H1
Inditex Group, owners of retail chain Zara has reported record revenue and net sales for the first half of 2019.…
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High Street
Store closures hit record levels in the first half of 2019
The number of stores closing down in the first six months of the year has reached its highest levels, with…
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High Street
Sports Direct among bidders for Links of London
Sports Direct is one of two final bidders attempting to buy jewellery brand Links of London from current owner Folli…
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People Moves
Unibail-Rodamco-Westfield appoints new MD for UK and Italy
Shopping centre operator Unibail-Rodamco-Westfield (URM) has appointed Scott Parsons as regional managing director for the UK and Italy. Parsons will…
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Economy
H&M battles with landlords over rents
Fashion retailer H&M is battling with landlords over rent reductions, which could potentially see property owners bear the cost of…
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Clothing & Shoes
Footfall drops off in late summer
Footfall continued its decline over the late summer, recording a 1.3% decline for the four week period to 24 August.…
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High Street
M&S appoints new head of menswear design
Marks and Spencer has appointed Burton head of design Karen Hall as its new head of menswear following the departure…
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Electrical
Dixons Carphone sales increase despite mobile sales decline
Consumer electronics retailer Dixon Carphone has reported an increase in like-for-like sales for Q1, following “strong” performance in white goods,…
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High Street
Shares at Quiz drop following ‘tough trading’ period
Shares at fashion brand Quiz have dropped by over 10% today (4 September) after it warned about challenging conditions ahead…
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