Year: 2019

Retail sector could face £137m rates hike next year

September’s headline rate of inflation is set to cause more business rates increases in 2020, according to calculations from real…

Read More »

Asos profits nosedive 68% in full-year results

Online fashion retailer Asos has reported a 68% decrease in profits before tax to £33.1m, during the year to 31…

Read More »

DTC: The future of retail?

Retail sales in August this year fell to the lowest rate since the 2008 financial crash, and many retailers are…

Read More »

Ted Baker appoints Ari Hoffman as North American CEO

Global lifestyle brand, Ted Baker, has announced the appointment of Ari Hoffman as CEO of its business in North America.…

Read More »

New PSD2 measures could see one third of shoppers abandon purchases

One-third (32%) of European consumers say they would rather cancel their online purchase and go elsewhere than go through the…

Read More »

BRC ‘disappointed’ with business rates relief in Queen’s speech

The British Retail Consortium has responded to the Queen’s speech, praising its approach to crime and sustainability but was “surprised…

Read More »

Matalan revenue growth dented by ‘awful’ weather and political uncertainty

Fashion retailer Matalan saw its total revenue increase to £292m in the Q2 2019, despite the weather and political and…

Read More »

Grocery sales slow to lowest September growth in two years

Shopping momentum has fallen in September, with grocery sales slowing to +1.7% in the last four weeks. According to new…

Read More »

How can the high street survive?

Recent news that fast-fashion retailer, Forever 21 has filed for bankruptcy protection in Canada and the United States should have…

Read More »

Sports Direct demands Adidas and Nike dominance probe

Sports Direct has called for an investigation into the sportswear industry, over concerns of the dominance of Adidas and Nike.…

Read More »