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Retail

  • M&S stops taking online orders as cyber attack rages on

    April 25, 2025

    Marks and Spencer (M&S) has stopped taking orders through its website and app as its battle against a cyber attack rages on. The company added that some of its international websites have also paused taking orders. The FTSE 100 retailer had previously said the incident, which was disclosed to the public on Tuesday, had impacted contactless [...]

  • I quit the City of London and created £1bn Castore empire

    April 25, 2025

    Cast your eye over the numerous growth lists that get churned out multiple times a year and there is one name that keeps cropping up towards the sharp end – Castore. The Manchester-headquartered brand has been on a skyrocketing journey since being founded by two Merseyside brothers in 2016. But Tom Beahon, who shares CEO [...]

  • Castore boss: How I convinced Andy Murray to back my sportswear brand

    April 25, 2025

    The co-founder of sports apparel brand Castore has opened up about how he and his brother managed to convince Sir Andy Murray to invest in their company. Tom and Phil Beahon set up their business in 2016 and quickly set about attempting to get a high-profile backer to help get the brand off the ground. [...]

  • UK retail sales surge at the fastest rate in four years

    April 25, 2025

    Retail sales unexpectedly rose in March as shoppers were boosted by good weather, according to new data. Retail sales volumes rose by 0.4 per cent in March 2025, following 0.7 per cent rise in February, according to the Office for National Statistics. Quarterly sales volumes rose by 1.6 per cent quarter on quarter and 1.7 [...]

  • M&S: Shares at FTSE 100 retailer fall as cyber attack hits customers

    April 24, 2025

    Shares in Marks & Spencer (M&S) have continued to fall as its battle against a cyber attack wages on. The FTSE 100 retailer has said the incident, which was disclosed to the public on Tuesday, has impacted contactless payments and click and collect orders. Shares in M&S have fallen by more than 1.5 per cent [...]

  • Charles Tyrwhitt: Office return helps sales to new record

    April 23, 2025

    Sales at Charles Tyrwhitt have surged to more than £300m for the first time as the trend of returning to the office has boosted the workwear retailer. The London-headquartered business, which was founded by Nick Wheeler in 1986, has posted a turnover of £305.7m for the 12 months to 3 August, 2024. The total comes after [...]

  • Castore could snub London and float overseas as CEO talks up ‘global ambition’

    April 23, 2025

    The London Stock Exchange needs to offer something different if it’s going to convince Castore to float in the UK, its co-founder has said. Tom Beahon, speaking on an upcoming episode of City AM‘s Boardroom Uncovered podcast, said it would be “shame” if the brand didn’t end up choosing London and instead completed an initial [...]

  • M&S: FTSE 100 giant battling cyber attack

    April 22, 2025

    M&S has revealed it has been battling what it has described as a “cyber incident” over the past few days. The FTSE 100 giant said that it’s made some “minor, temporary changes to our store operations to protect customers and the business” and “we are sorry for any inconvenience experienced.” M&S confirmed that it is [...]

  • Billionaire Gymshark boss Ben Francis quits firm he co-owns

    April 22, 2025

    Ben Francis, the billionaire founder of Gymshark, has quit the sports talent agency he helped to establish. The Members Agency was set up in 2018, is based in Wolverhampton and also works on sports sponsorship deals. According to a new filing with Companies House, Francis has stepped down as a director and is no longer [...]

  • Wilkinson Sword makes first profit since pandemic

    April 22, 2025

    Wilkinson Sword surged back into the black for the first time since the Covid-19 pandemic during its latest financial year, it has been revealed. The High Wycombe-headquartered business reported a pre-tax profit of £7.2m for the 12 months to 30 September, 2024. The profit is the first since Wilkinson Sword reported a £337,000 surplus in [...]

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