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Shoezone ups profit guidance amid ‘better than expected’ trading

Shoe Zone has announced “stronger than expected” trading in its latest update detailing the figures since 29 June, with the…

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Leicester factory workers not reporting underpayment, LPC finds

Workers in Leicester textile factories are reportedly “vulnerable to exploitation” and unlikely to report abuses and underpayment, according to a…

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JD Sports and Aurelius Group enter talks on Footasylum sale

JD Sports has reportedly entered discussions to sell Footasylum to Aurelius Group, a private equity firm, following a “costly” clash…

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Over one in five SMEs unable to access external finance, research finds

New research commissioned by Manx Financial Group has revealed that more than one in five (22%) small and medium sized…

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John Lewis bolsters finance team amid £50m investment

John Lewis Finance has appointed Paul Dawson to the newly created role of product director and Alison Verlander as the…

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Cath Kidston up for sale two years after collapse

Cath Kidston, the fashion and homeware brand, has been put up for sale two years after collapsing into administration, with…

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Nike to quit Russia after Ukraine invasion

Sportswear brand Nike has revealed it will fully pull out of Russia three months after suspending its business in the…

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Quarter of UK retailers four weeks from collapse, survey finds

More than a quarter of UK retailers are just four weeks away from going bust due to supply chain issues,…

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Primark enters online marketplace with Click & Collect trial

Primark is set to launch a UK Click and Collect trial service on children’s products across 25 stores in the…

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Asda paid £375m interest in takeover deal, accounts show

Asda reportedly paid £375.1m in interest as a result of its £6.8bn takeover deal last year according to recent accounts,…

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