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News
Sports Direct offers Debenhams £150m loan
Debenhams has confirmed it is considering an offer made by Sports Direct for a £150m unsecured 12 month loan. The…
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Clothing & Shoes
Sergio Rossi opens flagship in London
Shoe and handbag brand, Sergio Rossi, will be opening its newest store on London’s Mount Street, Mayfair. The 100 sqm…
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Supermarkets
Morrisons sees third year of ‘strong’ sales despite profits drop
Big Four supermarket Morrisons has posted an increase in sales for the third consecutive year in its preliminary results for…
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Government
Digital Services Tax extended to include 2% ‘Amazon tax’
High streets government minister, Jake Berry, has promised to extend the Digital Services Tax to include a “2% tax on…
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Department Stores
Debenhams in talks to secure £150m lifeline
Embattled department store Debenhams has confirmed it is in “advanced negotiations” to secure £150m funding from its lenders just a…
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Clothing & Shoes
Primark to move 220 roles to Dublin
Primark has announced it will be moving its product operations from Reading to Dublin with 220 staff being told they…
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Department Stores
John Lewis profits fall to £160m
John Lewis has slashed its employees’ annual bonus to 3% as the department store recorded a 45.4% drop in underlying…
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Online & Digital
Smartphone now dominant device for buying online
For the first time, shoppers spent more money through their smartphones when accessing UK retail sites than either of the…
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Clothing & Shoes
Jack Wills hit by £7.5m loss
Fashion retailer Jack Wills suffered an EBITDA loss of £7.5m for the full year to 28 January 2018 compared with…
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Department Stores
Debenhams issues fresh profit warning
The statement Debenhams made in January to say it was on track to deliver profits in line with last year’s…
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