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Retail

  • Boodles: Demand for the most expensive jewellery helps sales pass £100m

    February 28, 2024

    Demand for the most expensive luxury jewellery helped sales pass £100m at Boodles during its latest financial year.

  • Shares in Durex maker Reckitt flop as firm misses expectations

    February 28, 2024

    Shares in Durex condom maker Reckitt Benckiser have flopped over nine per cent after the firm missed analyst expectations and revenues showed signs of slowing. 

  • Halfords issues another profit warning as demand for cycling falls flat

    February 28, 2024

    Halfords has issued another profit warning as the cycling and motoring retailer continues to be impacted by a “weakening” demand for its goods. 

  • eBay surges nearly four per cent as earnings beat estimates

    February 28, 2024

    The shares of e-commerce giant eBay surged nearly 4% in extended trading sessions after it exceeded market expectations for both quarterly revenue and profit, largely driven by strong consumer spending during the holiday period. 

  • Mango: Fashion giant creates 150 UK jobs as sales and profit jump

    February 27, 2024

    The UK arm of fashion giant Mango created almost 150 jobs as its sales and profits jumped during 2023, new figures have revealed.

  • ‘Like Brands. Only Cheaper’: Court throws out Aldi’s appeal over gin bottle battle with Marks and Spencer

    February 27, 2024

    Aldi's appeal against a decision that it had infringed on Marks and Spencer's registered design of its light-up gin was dismissed earlier today.

  • Elliott tries and fails with second bid for Currys as takeover war continues

    February 27, 2024

    Currys has rejected a second takeover bid from activist investment firm Elliott worth around £700m.

  • Homebase could be on the market again after £1 sale

    February 27, 2024

    Homebase could reportedly be put up for sale again after it was sold for £1 to Hilco Capital back in 2018. A number of parties have reportedly held talks with the restructuring giant about snapping up the garden chain including The Range and B&M Bargains.  It was reported by The Times that there was speculation [...]

  • Shein mulls London IPO after pressure from US regulators

    February 27, 2024

    Chinese fast fashion giant Shein is considering switching its blockbuster IPO plans from New York to London in what would be a major boon to the beleaguered London Stock Exchange, according to reports.

  • The Very Group: Barclay family-owned retail giant welcomes £125m injection as it falls to half-year loss

    February 27, 2024

    The Very Group, the retail giant owned by the billionaire Barclay family, has secured a £125m investment as it fell to a half-year loss.

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