I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
Julian Charles rescued out of administration after tax rises bite March 26, 2025 Julian Charles, the luxury bedding and homewares retailer, has been rescued out of administration after struggling with falling sales and increasing taxes. The Manchester-headquartered company’s business and assets have been sold to Great Bedding Co Ltd in a deal which safeguarded 230 out of 251 jobs and more than 25 trading sites as well as [...]
Gary Neville joins Swiss watchmaker Norqain’s board ahead of UK launch March 25, 2025 Gary Neville has joined the board of Swiss watchmaker Norqain as it prepares to launch in the UK. The former Manchester United and England footballer now works as a TV pundit as well as having a portfolio of business interests. They include two hotels in Manchester as well as a property development company and hosting [...]
Editor’s Interview: Charles Tyrwhitt founder – ‘No point whinging about the government’ March 24, 2025 The founder of Charles Tyrwhitt, Nick Wheeler, has told City AM that there’s “no point whinging about what the government are doing or not doing, because they’re not going to change,” adding “I’ve got to get on and make my own decisions.” His comments came during an interview with City AM in which he lamented [...]
Morrisons to cut hundreds of jobs and close cafes in huge shake-up March 24, 2025 Supermarket giant Morrisons has put 365 jobs at risk after it revealed plans to close more than 50 of its cafes. The Yorkshire-headquartered chain said 52 of its cafes, 17 convenience stores and dozens of meat and fish counters at its shops are slated for closure. Morrisons said the closures are part of a “wide-ranging” [...]
JD Sports: Nike woes could spell trouble for retailer says broker March 24, 2025 London broker Peel Hunt has downgraded its forecast for JD Sports ahead of the company’s full-year results next month due to short-term industry issues. Peel Hunt cut its projected profit before tax and earnings per share for JD Sports by three per cent for the financial year 2026. The broker attributed the downgrade to an [...]
In The Style: Huge debts revealed after rescue deal saves jobs March 24, 2025 In The Style owed more than £20m when it was rescued after collapsing into administration, it has been revealed. The Manchester-based fast-fashion brand rescued by Alps Sourcing Limited last week in a deal which secured 87 jobs. The debts have been revealed in a new document filed with Companies House by administrator FTS Recovery. What’s the [...]
Deliveroo: Will Shu lined up for massive pay day March 20, 2025 The founder and chief executive of Deliveroo could be in line for massive pay day in the wake of the FTSE 250 delivery giant making its first annual profit. The company could hand Will Shu a pay packet of more than £5.6m after adding the CEO to its long-term incentive plan and if Deliveroo’s shares [...]
Footasylum: Profit almost triples as sales surge March 20, 2025 Profit at Footasylum surged by almost 200 per cent as its sales jumped to nearly £350m during its latest financial year, it has been confirmed. The Rochdale-headquartered retailer, which is backed by Germany-headquartered investment firm Aurelius Group, has reported a pre-tax profit of £17.2m for its year to 25 January, 2025. The figure comes after Footasylum [...]
In The Style: Fast-fashion brand saved after administration collapse March 19, 2025 In The Style has been sold after collapsing into administration in a move which put hundreds of jobs at risk of being lost. FTS Recovery had been appointed to oversee the administration process at the Manchester-based company before a deal with Alps Sourcing Limited was agreed. It has now been confirmed that 87 jobs in [...]
Mike Ashley-owned Frasers to cut a third of design and editorial staff March 18, 2025 Mike Ashley-owned Frasers Group may cut nearly a third of staff within its design and editorial teams, according to reports. It entered into a consultation with staff of March 7 as part of the company’s latest restructure, Retail Gazette reported. Sources told the trade publication that the redundancy process will not affect managerial roles and [...]