Wickes returns to ‘volume growth’ and ‘on track’ trading expectations after two year hiatus November 3, 2023 The home improvement retailer reports volume growth for the first time since 2021.
Currys to sell Greek arm for £175m to strengthen balance sheet November 3, 2023 Currys announced that it was looking to offload the 90 stores across Southeastern Europe in an effort to strengthen its balance sheet.
A fashion disaster: how Asos lost its throne to Shein (and Gen Z) November 3, 2023 Asos has Topshop in its arsenal but it has failed to recreate its dominance of the 2010’s and Shein has won favour among Gen Z buyers, writes Debbie Ellison
Shein is plotting world domination, should UK retailers be worried? November 2, 2023 It is expected that Shein’s chokehold on shoppers will get even greater after acquiring its first UK company earlier this week.
UK lags behind US in predicted consumer spending this Christmas November 2, 2023 A report has shown emerging trends that UK retailers will be struggling this festive season, despite beliefs black Friday will boost revenues.
Can Sainsbury’s flat earnings squash profiteering claims? November 2, 2023 Sainsbury's has been ramping up its loyalty Nectar card scheme so that shoppers can get discounts on their groceries during a period of high inflation.
Why St James’s Place and Britain’s troubled wealth managers could be a savvy bet for investors November 1, 2023 The UK’s wealth managers and investment platforms could be a savvy bet for investors after a sell-off this year that has wiped billions from their valuation, analysts have predicted.
Asos chief: We’ll ‘reignite our brand heat’ to turn firm around November 1, 2023 Despite a fall in earnings, Asos said it is on track to deliver revenue growth of pre-COVID levels by the 2025 financial year.
Rinse, repeat: Next upgrades profit guidance yet again November 1, 2023 High street bellwether Next continues to defy headwinds in the UK economy
The Notebook: Neil Bennett on replacing himself with AI November 1, 2023 The notebook is a place for interesting people to say interesting things. Today, it’s the turn of global co-CEO of H/Advisors, Neil Bennett. What to look out for at the AI Summit, from Elon to lip service I, or artificial intelligence, has been the talk of the town for quite some time now. The technology [...]