Burberry shares nosedive as sales collapse and firm cancels dividend July 15, 2024 Gerry Murphy, the chair of Burberry, described the results as “disappointing” and cited a “more challenging than expected” luxury market.
The Body Shop: What next for high street icon as tycoon eyes rescue deal? July 11, 2024 The future of collapsed high street icon The Body Shop could be decided in the next two weeks as it emerged that British tycoon Mike Jatania was in exclusive talks to rescue the brand.
Bic pens UK sales rise despite ‘highly competitive’ market July 10, 2024 The UK arm of pen and lighter brand Bic has seen sales nudge up despite a "constant" inflationary changes impacting its customers, newly-filed documents have revealed.
Newriver Reit to more than double its retail portfolio following acquisition July 4, 2024 London-listed Newriver Reit has acquired the retail and town centre investment manager Ellandi in a move which will bring the landlord's assets under management to £2bn.
Profit falls at Watches of Switzerland but Rolex seller maintains guidance June 27, 2024 The rolex seller reported that pretax profit fell 40 per cent in the year to April, falling from £155m to £92m.
Build, Baby, Build: Move over avo toast, ceramics are Gen Z’s housing crisis crutch June 27, 2024 Gen Z are spending more time and money on interior design, not despite, but because of, the housing crisis, writes Anna Moloney.
Profit drops at Marks Electrical amid ‘fiercely competitive’ backdrop but signs things are picking up June 26, 2024 The online electrical retailer reported that it was struggling with "downward margin pressure" as a result of consumers trading-down.
Landsec: Property giant ups stake in Bluewater shopping centre to two thirds June 25, 2024 Property giant Landsec has acquired an additional 17.5 per cent stake in Bluewater, the out of town shopping centre in Kent, taking its overall ownership to over 65 per cent.
Franchise Brands more than doubles in size following latest buyout June 20, 2024 Franchise Brands, the franchise company behind brands including Barking Mad and Filta, has more than doubled its revenue for the second year in a row following its latest acquisition.
Games Workshop expects bumper year after Amazon deal June 19, 2024 Games Workshop expects to continue its robust growth this year, with revenue, licensing income and profit all anticipated to rise on its last full year reporting period, it has said.