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Clothing & Shoes
M&S sales drop amid ‘difficult’ market
Marks and Spencer has reported a 2.7% drop in its total sales for the 13 weeks to 29 December 2018.…
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Entertainment
HMV ‘denied’ £3.35m tax lifeline before administration
Beleaguered music and film retailer, HMV, who officially fell into administration during the festive period, was denied a £3.35m government…
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Online & Digital
Missguided posts £46.7m loss
Online fashion retailer Missguided has posted a £46.7m loss in its financial results for the 53 weeks ending 1 April…
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Economy
Retail administrations rise for second consecutive year
The number of retailers entering into administration in 2018 was 125 – compared to 118 in 2017, an increase of…
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Economy
Shop prices rise in December despite discounting
Shop prices saw a 0.3% year-on-year increase in December despite many retailers discounting heavily during the festive period, the BRC-Nielsen…
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Clothing & Shoes
Moss Bros appoints former Missguided boss
Gareth Jones, former online chief executive of Missguided, has joined menswear retailer Moss Bros as a non-executive director. Jones left…
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Clothing & Shoes
Online retailer Mahabis falls into administration
Mahabis, a specialist online retailer known for its premium slippers, has announced it has gone into administration. The company has…
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Economy
London’s West End to receive £186m pre-Christmas boost
Shoppers visiting London’s West End are expected to spend £186m in the final three days before Christmas, according to New…
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Government
MPs launch inquiry into business rates
The Treasury select committee has launched an inquiry into business rates as part of the Housing, Communities and Local Government…
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Economy
Lowest November growth in seven years for online retail
UK online retail sales suffered its worst November growth since 2011 last month coming in at just +8.1% year-on-year (YoY),…
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