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Retail

  • Hundreds of jobs at risk as Ted Baker owner calls in administrators

    March 19, 2024

    Hundreds of high street jobs could be placed at risk after the owners of Ted Baker filed a notice to appoint administrators.  

  • Unilever: Why job cuts and ice cream split may be a sweet deal for the FTSE 100 business

    March 19, 2024

    Consumer goods giant Unilever is continuing to top the FTSE 100 leaderboard, as news of job cuts and a spin-off of its ice cream business has sweetened investors. 

  • Demand for Rolex and Tag Heuer watches slump as demand in China falls

    March 19, 2024

    Monthly exports of pricey Swiss watches such as Rolex and TAG Heuer have fallen for the second time in three years, led mainly by lower deliveries to Greater China and Hong Kong. 

  • Wickes plots expansion in home solar energy market after slight profit boost in 2023

    March 19, 2024

    Pretax profit in 2023 was slightly higher than 2022, rising to £41.1m from £40.3m.

  • DFS issues Red Sea delivery delays warning as furniture giant slashes expectations

    March 19, 2024

    DFS has warned that the ongoing chaos in the Rea Sea could continue to impact its balance sheet as it revealed a reduced financial performance.

  • Unilever to spin out ice cream business – including Ben & Jerry’s

    March 19, 2024

    Unilever's ice cream brands, such as Wall's, Magnum, and Ben & Jerry's, are among the top-selling global ice cream brands.

  • Soho House executive chairman : The costs of being a public company currently outweigh the benefits

    March 18, 2024

    The executive chairman of Soho House has revealed the difficulty he has faced as the leader of a public company amid criticism from a short-selling group that suggested the exclusive members club should return to the private market.

  • Naked Wines: Shares slump as refinancing rumours give investors jitters

    March 18, 2024

    Shares in Naked Wines slumped close to seven per cent today as reports about a refinancing deal with debt advisers appeared to give investors jitters. 

  • Brew by Numbers, Black Sheep and Brick Brewery, spike in brewery collapses shakes sector

    March 18, 2024

    According to data by accounting firm Mazars, last year (ending December 31), 69 UK breweries went insolvent, up from 38 a record for 2022.

  • Currys shrugs off lack of takeover offer by raising profit forecast for the year

    March 18, 2024

    Tech retailer Currys has officially ended its period for considering takeover bids without securing any offers.

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