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Luxury Goods
Watches of Switzerland appoints new chairman
Watches of Switzerland has appointed Ian Carter as non-executive chairman of its board, with effect from 1 November. Carter brings…
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High Street
Sales at Boots’ retail sites drop 30%
Sales at Boots’ retail sites reportedly fell by almost 30% in the quarter up to August as consumers chose to…
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High Street
Poundstretcher to open 50 new stores despite CVA plans
Poundstretcher is reportedly preparing to open 50 new stores in 2021, despite CVA proposals that have resulted in 50 store…
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Clothing & Shoes
Uniqlo ‘will recover’ says owner Fast Retailing
Uniqlo owner Fast Retailing has announced that its profit for the fiscal year declined 49% to 90.4m yen (£663,000) down…
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Economy
UK retail sales rise by 6.1% in September
Retail sales in the UK increased on a like-for-like basis by 6.1% in September from the same period last year,…
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High Street
Poundland acquires Fulton Foods
Poundland has announced its acquisition of Fulton Foods, the Northern frozen food retailer, as the latest part of its transformation…
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Clothing & Shoes
Frasers Group investors back £100m bonus scheme
Investors in Mike Ashley’s Frasers Group have overwhelmingly voted in favour of a new £100m staff reward plan at the…
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Economy
High Streets Task Force appoints 150 experts
The High Streets Task Force has appointed 150 professionals to work with local authorities in England over the next four…
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Supermarkets
Asda sold at £6.8bn to billionaire Issa brothers
Walmart has confirmed the Issa brothers and TDR Capital have taken equal shareholdings in an acquisition of Asda which values…
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Clothing & Shoes
M&S launches third-party fashion brand partnership
Marks and Spencer has begun stocking independent fashion brands on its site, with debut partner Nobody’s Child launching yesterday (1…
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