Demand for Rolex and Tag Heuer watches slump as demand in China falls Retail 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 Business 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 Retail 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 chief: The costs of being a public company currently outweigh the benefits March 18, 2024 The chief executive of Soho House has shed light on the difficulty he has faced taking the business public, amid criticism from a short selling group which 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.
Watch theft wave continues – with £1.5bn-worth lost or stolen in one year alone March 18, 2024 A sharp rise in theft has driven a more than threefold increase in the number of watches recorded as lost or stolen over the last 12 months, according to new data, as the value of missing timepieces hits £1.5bn.
Will FTSE 100 giant Next continue to top the retail leaderboard? March 16, 2024 Next will unveil its full year earnings this coming Thursday, as investors gear up to see how the FTSE 100 firm has navigated a challenging period for retailers.