Former BHS directors hit with multi-million pound ‘wrongful trading’ ruling June 11, 2024 In a landmark ruling, the High Court has delivered a damning verdict against the former directors of BHS Group, eight years after it collapsed
Inditex: Zara owner unfazed by wet weather as viral Tiktok clothing drives sales June 6, 2024 The owner of Zara, Bershka and Pull and Bear, has hailed a strong start to the summer as wet weather did not seem to deter shoppers from hitting the high street.
N Brown Group shores up bottom line amid slump in revenue June 6, 2024 The owner of the Jacamo and Simply Be clothing brands has blamed macroeconomic challenges for the slump in revenue it reported in its full year results which also included a jump in profit.
Oxford Street: Vacancy rates back to pre-Covid levels as Euros and Olympics to give London a tourist boost June 5, 2024 Just two per cent of units across Oxford Street are now either vacant or let to “low quality” retail units, in the latest signal recovery is underway at London’s biggest shopping district.
Discount retailer B&M beats ‘lockdown peak’ but shares slip as analysts left with ‘more questions than answers’ June 5, 2024 Bargain retailer B&M has exceeded its “lockdown peak” as the firm reveals it is trading at the higher end of its guidance thanks to Brits sniffing out a bargain
More retail misery as Brits’ spending shrinks to lowest level in three years June 4, 2024 May proved to be another miserable month for retailers, as cash-strapped Brits said no to treating themselves in the face of rising bills and unfavourable weather.
Marks and Spencer chief’s pay soars to decade high as turnaround pays off June 3, 2024 Marks and Spencer's turnaround plan has generated huge rewards for its boss, Stuart Machin.
Harley-Davidson sues Next over alleged rip off its biker label June 3, 2024 Harley-Davidson is suing Next in London’s High Court over claims one of the retailer's T-Shirts rips off its logo.
Dr Martens: Profit dives as boot maker continues to feel the pain from lagging US market May 30, 2024 Iconic British boot maker has reported another set of poor results.
National service will damage the economy May 30, 2024 Forcing every 18-year-old into unpaid national service will harm our already decimated hospitality, retail and leisure sectors