News-In-Brief

Today’s news in brief-3/12/24

Boohoo has repaid £50m of its £97m term loan following a £39.3m oversubscribed fundraising effort. The move aligns with its…

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Today’s news in brief-28/11/24

Consumer confidence remains subdued as the festive season nears, according to the British Retail Consortium (BRC). While personal retail spending…

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Today’s news in brief-27/11/24

The House of Lords Built Environment Committee has urged high streets to evolve beyond retail to reverse their decline. Its…

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Today’s news in brief-26/11/24

AO World has raised its full-year profit forecast to between £39m-£44m after reporting a 30% rise in pre-tax profits to…

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Today’s news in brief-25/11/24

Asda has announced the return of Allan Leighton as executive chair, succeeding Stuart Rose. Leighton, who served as CEO of…

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Saint + Sofia opens first physical store in Covent Garden

Contemporary womenswear brand Saint + Sofia has opened its debut bricks and mortar store in Covent Garden’s Seven Dials. After…

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Retail sales dip by 0.7% in October

Retail sales have dipped in October by 0.7% following a rise of 0.1% in September, the ONS has revealed.  New…

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Today’s news in brief-21/11/24

Boohoo has appointed Tim Morris as its new independent Chair, effective immediately, marking another milestone in the company’s ongoing restructuring.…

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Today’s news in brief-20/11/24

Ted Baker has re-entered the online retail scene with a UK-exclusive ecommerce platform following its financial collapse earlier this year.…

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Today’s news in brief-19/11/24

Morrisons has achieved a significant reduction in its debt, cutting it by £2.4bn as part of a major restructuring. Since…

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