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.
West End makes fresh calls for end to tourist tax ahead of ‘make or break’ festive period October 31, 2023 New West End Company forecasts up to £1.64bn in spending this festive season — but it may be up to international shoppers to take the wheel.
Michael Gove: ‘Immoral’ asset managers have ‘co-opted’ diversity agenda October 31, 2023 “We have seen a concentration of wealth, a tendency towards monopoly and oligopoly that has meant that the gains of economic growth have increasingly been concentrated in the hands of a few.”
In a chaotic economy, firms hold the balance of power over staff October 31, 2023 As British workers fear for their jobs, they are less likely to fight for their employers over remote work and other concerns, writes Emma Rohsler
Safestyle: Almost 700 jobs to go after listed window firm enters administration October 30, 2023 The Bradford-headquartered business has a manufacturing site in Wombwell, near Barnsley and 42 branches and depots across the country.
As banks refuse to pass on interest rates, they lose customers’ faith October 30, 2023 As banks refuse to pass on interest rates, their customers are deserting them, writes Victor Trokoudes.
Supercar demand to keep Ferrari in the fast lane despite ‘softer’ third quarter October 29, 2023 Investors await Ferrari's third quarter results this Thursday to see if the Italian supercar maker can continue its impressive growth amid a cost of living crisis.
Could Asos be set to offload Topshop? October 28, 2023 Asos, the ailing online fashion retailer, is exploring a sale of Topshop, less than three years after it acquired the high street brand from Philip Green’s collapsed Arcadia empire. Notice of the sale could be announced as soon as Wednesday in conjunction with the digital retailers full year results, which Asos said have been pushed [...]
Tesco UK chief steps down as Britain’s biggest supermarket brings in former Aldi top exec October 26, 2023 Tesco’s UK division will bring in a senior executive from challenger grocer Aldi, following the departure of its veteran chief. Britain’s biggest supermarket said Matthew Barnes will take over after Jason Tarry today announced his upcoming departure today, following 33 years with the company. Tarry, who has been at the top for six years, will [...]
London businesses pin hopes on Black Friday for sales boost after washout summer October 26, 2023 Black Friday, which starts on the 24th of November, is often seen as the start of the Christmas shopping period for many customers and high street stores.