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Retail

  • Christian Dior: UK sales and profit slashed despite demand for watches and jewellery

    July 28, 2025

    Sales and profit at the UK arm of Christian Dior have been slashed despite the uptick in demand for the luxury fashion brand’s watches and jewellery. The London-based division’s revenue fell from £32.4m to £280m in the year while its pre-tax profit was also cut from £46.6m to £27.6m over the same period. Its latest [...]

  • Labour to introduce new licensing rules to boost high street venues

    July 26, 2025

    The Labour government has pledged to simplify the opening process for new high street venues in a bid to ramp up British hospitality prospects. Chancellor Rachel Reeves has said new licensing framework, which comes as part of Labour’s overhaul on planning, plans to fast-track permissions for al fresco dining, helping to “protect pavement pints”. The [...]

  • Lionesses final: Tax windfall expected from beer sales

    July 25, 2025

    The Women’s Euro final this Sunday could bring a £5m boost to the UK economy, with an extra 1m pints expected to be poured as fans cheer on the Lionesses — but British pubgoers will pay over 10 times more in beer duty than their Spanish counterparts. New figures from the British Beer and Pub [...]

  • UK retail sales bounce back as Brits enjoyed warmest June on record

    July 25, 2025

    Sales for UK retailers rose last month as Britons enjoyed the warmest June on record, which helped drive sales of food and drink, according to official figures. The Office for National Statistics (ONS) said overall retail sales volume rose by 0.9 per cent in June, following a 2.8 per cent fall in May, as consumers [...]

  • Lionesses fever sends shirt sales skywards ahead of Women’s Euro final

    July 24, 2025

    The Lionesses’ run to the Women’s Euros final has triggered a scramble for shirts and other merchandise, with sales far higher than even during the team’s 2023 World Cup run. Global retailer Fanatics, which operates England’s official stores, said that sales of Lionesses products were up 41 per cent on the same stage at the [...]

  • Reckitt: Consumer goods giant upgrades outlook

    July 24, 2025

    Reckitt Benckiser has upgraded its expected revenue for its core brands this year, following the implementation of a significant simplification drive last year. The FTSE 100 giant now expects like for like net revenue growth to above be above four per cent in ‘Core Reckitt’ brands – which include Dettol, Nurofen and Lysol – this [...]

  • Swatch moves London headquarters to new Canary Wharf office space

    July 24, 2025

    Swatch has signed a five-year lease for 9,500 sq ft of office space in a multi-purpose office building in Canary Wharf. The watches and jewellery manufacturer will move its London headquarters from Dockside Road to Docklands site Sierra Quebec Bravo (SQB). Swatch did not respond to a request for comment and did not disclose the [...]

  • How a slow burning legal battle could cost UK supermarkets millions

    July 24, 2025

    UK supermarkets are struggling through turmoil but quietly in the background, an ongoing legal battle is unfolding that could cost them millions

  • Christopher Ward: US sales surge for luxury watchmaker

    July 23, 2025

    Sales at luxury watchmaker Christopher Ward jumped by 50 per cent in its latest financial year fuelled by huge growth in the US. The business, which was founded by Christopher Ward, Mike France and Peter Ellis in 2004, has posted a turnover of £45.3m for the year to 31 March, 2025, up from the £30.5m it achieved in [...]

  • Evri: Boom in bedroom CEOs drives best-ever parcel deliveries

    July 23, 2025

    Evri has delivered record results thanks to a boom in second-hand sellers sending parcels with the logistics giant. The parcel delivery company, which was acquired by private equity firm Apollo from Advent International in 2024 for £2.7bn, has revealed that its volumes increased by 11 per cent in the year to 1 March, 2025, to more [...]

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