Mango: Fashion giant creates 150 UK jobs as sales and profit jump February 27, 2024 The UK arm of fashion giant Mango created almost 150 jobs as its sales and profits jumped during 2023, new figures have revealed.
‘Like Brands. Only Cheaper’: Court throws out Aldi’s appeal over gin bottle battle with Marks and Spencer February 27, 2024 Aldi's appeal against a decision that it had infringed on Marks and Spencer's registered design of its light-up gin was dismissed earlier today.
Elliott tries and fails with second bid for Currys as takeover war continues February 27, 2024 Currys has rejected a second takeover bid from activist investment firm Elliott worth around £700m.
Homebase could be on the market again after £1 sale February 27, 2024 Homebase could reportedly be put up for sale again after it was sold for £1 to Hilco Capital back in 2018. A number of parties have reportedly held talks with the restructuring giant about snapping up the garden chain including The Range and B&M Bargains. It was reported by The Times that there was speculation [...]
Shein mulls London IPO after pressure from US regulators February 27, 2024 Chinese fast fashion giant Shein is considering switching its blockbuster IPO plans from New York to London in what would be a major boon to the beleaguered London Stock Exchange, according to reports.
The Very Group: Barclay family-owned retail giant welcomes £125m injection as it falls to half-year loss February 27, 2024 The Very Group, the retail giant owned by the billionaire Barclay family, has secured a £125m investment as it fell to a half-year loss.
Mcbride: Share price soars as it raises profit guidance on end of sticky inflation February 27, 2024 Manchester based cleaning product manufacturer Mcbride has raised its full year profit expectations off the back of a strong year.
Customers’ own brand switch slows sales growth at Victorian Plumbing February 27, 2024 Customers switching to own brand products because of the cost-of-living crisis impacted sales at Victorian Plumbing during the first part of its financial year, according to new figures.
Spending on discounts rises four per cent as Brits do Valentine’s Day on a budget February 27, 2024 Consumers’ spending on offers increased by four per cent in February, worth £586m more than the same month in 2023, as Brits continue to seek out discounts despite cooling inflation.
Grocery inflation hits lowest level in two years, but non-food items keep rising February 27, 2024 Shop price inflation or the rate at which these goods increase has slowed to 2.5 per cent in February, marking the lowest level recorded in close to two years. British Retail Consortium’s (BRC) latest reading showed food inflation also slowed to 5.0 per cent this month, down from 6.1 per cent in January and is [...]
