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News
Shein expected to raise £1.6bn for IPO
Fast fashion retailer Shein is set to raise £1.6bn in new funding ahead of a potential IPO in the United…
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Economy
UK GDP grows by 0.3% in January
Monthly gross domestic product (GDP) is estimated to have increased by a narrow 0.3% in January, with a faster recovery…
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Clothing & Shoes
Hugo Boss welcomes record sales in FY22
Hugo Boss sales increased 27% to a new record of €3.7bn (£3.2bn), according to the latest 2022 report released today. …
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High Street
TK Maxx eyes further London expansion
TK Maxx is reportedly looking to expand its presence in London, the Evening Standard has reported. As the capital continues…
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Economy
UK sales receive Valentine’s Day boost despite inflation
February retail sales have benefited from Valentine’s Day but numbers remain low compared to last year, according to the latest…
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Clothing & Shoes
Victoria’s Secret sales fall 6% in FY22
Lingerie retailer Victoria’s Secret recently announced that sales for the full-year 2022 fell 6% compared to the previous year and…
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News
Pret A Manger to give staff third pay rise in a year
Pret A Manger has announced that it will give staff a 3% pay rise, the third one in 12 months. …
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Department Stores
M&S set to increase salaries by 7% from April
British retailer M&S will raise the salary of more than 40,000 customer assistants by 7%, in a bid to help…
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News
Grocery price inflation hits record 17% in February
Grocery price inflation rose to a record 17.1% in the four weeks to 19 February 2023, according to marketing data…
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News
M&S appoints new non-executive director
Marks and Spencer has appointed a new non-executive director, Cheryl Potter, who will join the board as well as the…
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