US licensing partner joins race to buy up remaining assets of embattled Ted Baker April 10, 2024 Ted Baker’s American licensing partner is reportedly the lead contender to take control of the businesses embattled British arm.
Ryman: Losses widen at retailer owned by former Dragons’ Den star Theo Paphitis April 10, 2024 Losses widened at Ryman, the stationery retailer owned by former Dragons' Den star Theo Paphitis, despite an increase in sales.
M&C Saatchi has “much more to do” ahead of new CEO arrival April 10, 2024 Advertising agency M&C Saatchi said profit fell during the 12 months of last year, as client marketing budgets were squeezed amid the cost of living crisis.
THG making ‘material progress’ as tech firm’s boss hails 2023 EBITDA growth April 10, 2024 Cult Beauty and Myprotein owner THG saw adjusted EBITDA growth of almost 50 per cent in 2023 compared to the year before, it told markets in a statement this morning.
More than 7m Brits struggling with bills and credit repayments in January, regulator finds April 10, 2024 Around one in seven, or 7.4m, UK adults were struggling to pay their bills and credit repayments in January, according to a survey by the City regulator, as the cost of living crisis continues to bite.
FTSE 100 today: London set to open red as investors dial back rate cut bets, US inflation in focus April 10, 2024 Asian markets stayed subdued, while oil prices remained steady and gold prices rose. Boeing faced whistleblower allegations, and the New Zealand central bank kept rates unchanged. All attention now turns to the imminent release of the US Consumer Price Index (CPI) and the Federal Reserve's meeting minutes.
Asos under pressure as Gen Z shoppers switch to Shein April 9, 2024 Clive Black, analyst at Shore Capital, told City A.M. Asos has come off the back of three “really hard years” and is facing increased competition from Far East rivals Shein and Temu.
Loss-making Dim T and Wildwood restaurants to close as owner Tasty bids to avoid collapse April 9, 2024 Tasty plc, the restaurant group behind the Dim T and Wildwood brands, is looking to close 20 of its sites and secure new funding in order to avoid collapsing.
S&U channels Marcus Aurelius as motor finance lender says it will ‘wrestle on’ April 9, 2024 The specialist auto and property lender has posted a fall in annual profit and lowered its dividend as the firm grapples with higher costs and regulatory pressures.
John Lewis nabs Tesco veteran as it looks to leave Sharon White era behind April 8, 2024 Ailing high street favourite John Lewis has appointed Tesco veteran Jason Tarry as its new chair, taking over from Dame Sharon White – who will bring her tenure at the top of the partnership to a premature end. Tarry will be only the seventh chair of the shopping giant which has undergone a tumultuous time [...]