Superdry to delist from London Stock Exchange in latest effort to stay afloat April 16, 2024 Embattled fashion brand Superdry has said it will delist from the London Stock Exchange as part of a restructuring plan to keep the company alive.
Troubled Superdry to launch steep rent cuts in latest efforts to stay afloat April 15, 2024 Embattled Superdry will publish a restructuring plan over the coming days which will entail steep rent cuts across a large number of its 94 stores.
Fashion brand loved by celebrities and known for £110 t-shirts to open second store in Soho April 15, 2024 REVOLUTION, a luxury British street wear brand founded by brothers George and Michael Heaton in 2011, have just one other bricks and mortar store which is located in Los Angeles.
Has Tesco benefited from people trading down? April 10, 2024 Britain’s largest supermarket Tesco made a profit of £2.8bn - up £300m on the prior years figure - as the grocer said a slew of price cuts helped attract customers.
Early Easter boosts retail as Brits splash out on food and homeware before summer April 9, 2024 Retail leaders also issued warnings about impending costs such as the rise in minimum wage and business rate hikes, urging the government and Labour to take more action ahead of the General Election.
Retail apocalypse: More than 2,000 stores went bust as UK high streets suffer April 8, 2024 Over 2,000 retailers have gone bust in the last year, a new report has found, delivering another blow to the UK’s struggling retail sector.
Wet weather puts a dampener on footfall recovery in March April 5, 2024 The Easter bank holiday weekend was not enough to help significantly drive footfall in March, as wet British weather put another dampener on high street recovery.
Has London gone quackers? How a rubber duck shop is staying afloat in the City March 28, 2024 Amid a backdrop of struggling UK retail, a chain of rubber duck shops in London is thriving. Anna Moloney investigates.
Next: High street champion trades ahead of expectations again March 21, 2024 Next has traded ahead of expectations again, reporting record pre-tax profit of £918m during the full year.
Gucci, Prada, and Burberry are no longer in Vogue as ‘richcession’ bruises luxury sales March 20, 2024 A profit warning from the parent brand of Gucci has sunk the share price of not only the brand but also its rivals, in the latest sign that luxury designers are falling out of fashion with investors.