Year: 2019

Arcadia creditors approve CVA proposals

Retail group Arcadia, has announced that all seven of its company voluntary arrangements (CVAs) have today been approved by the…

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Boohoo Q1 sales surge 39%

Boohoo has seen group sales surge 39% as revenues reached £245.3m for the three months ending 31 May. The online…

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Select CVA secures 87% creditor approval

Proposals for the Company Voluntary Arrangement (CVA) for high street fashion retailer Select has been approved by 87% of its…

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Zara owner records a 10% profit rise

Spanish fashion retailer Inditex, has announced a 10% rise in net profit for Q1, up to €734m (£634m). Net sales…

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Sports Direct challenges Debenhams CVA

Department store Debenhams has confirmed Sports Direct is among the parties which have sent applications to challenge its CVA which…

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Why retailers shouldn’t bank on PSD2 for protection

On 14 September 2019, the second Payment Services Directive (PSD2) will come into effect, introducing Strong Customer Authentication (SCA) requirements…

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Understanding the true cost to serve

The boom in the e-commerce industry over the last 10 years has led to a saturated marketplace, with retailers facing…

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Sainsbury’s fails to get Equal Pay claims struck out

An employment tribunal has rejected Sainsbury’s argument that equal pay claims for store staff should be struck out. Following the…

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Ted Baker shares plunge amid fresh profit warning

Fashion retailer Ted Baker has issued its second profit warning this year, and anticipates underlying profit before tax for the…

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Amazon launches Campus Challenge for UK students

Amazon has announced the launch of its new Campus Challenge competition and is encouraging students across the UK to sign…

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