London

Nelson Peltz joins Unilever as non-executive director

Nelson Peltz, American billionaire and activist investor, will join London-listed Unilever from July 20 and serve on the board’s compensation committee…

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UK footfall forecast to rise by 8% over Jubilee weekend

Following a modest rise in footfall last week, retail experts expect the Platinum Jubilee and school half term holiday to…

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Reebok owner in talks to seal £300m Ted Baker takeover

Reebok’s owner, the Authentic Brands Group (ABG), is reportedly racing to finalise a £300m takeover of Ted Baker, according to…

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West End set for £80m injection over Jubilee weekend

The New West End Company, which represents 600 retail, restaurant, hotel and property owners across Bond Street, Oxford Street, Regent…

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Harrods appoints chief financial officer

Harrods has appointed Tim Parker as its new chief financial officer for the group. He joins Harrods following 10 years…

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Watches of Switzerland hails record revenues of £1.23bn

The Watches of Switzerland Group has reported its group revenues surged 40% year-on-year from £905m to £1.23bn in the 53…

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Burberry lowers FY23 forecast despite record revenues

Burberry has lowered its FY23 forecast as it expects a currency tailwind of £159m on revenues and £92m on adjusted…

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Shaftesbury acquires £27.5m Soho leasehold

Shaftesbury has announced that it has acquired a 200 year ungeared leasehold interest in Soho for £27.5m, allowing the creation…

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Landsec returns to profit amid retail recovery

Landsec has announced it has returned to profit in FY22 boosted by record office leasing and a return to growth…

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Post-Covid UK Footfall recovery worsens

Footfall in UK retail destinations declined by -0.7% last week from the week before, a consequence of drops in footfall…

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