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Retail

  • No more KFC on Deliveroo as the Colonel chases ‘better commercials’

    October 25, 2023

    Fried chicken favourite KFC is ending its relationship with Deliveroo in a blow to the London-listed delivery outfit's customer offering.

  • Two more years of misery for London housing market, analysts suggest

    October 25, 2023

    A recent report suggests house prices, including those in London, to decline in the coming months, but the decline will "not likely be sufficient".

  • Mike Ashley’s Frasers raises Boohoo stake to 16.5 per cent

    October 25, 2023

    Frasers, the British sportswear group controlled by Mike Ashley, has raised its stake in online fashion retailer Boohoo to 16.5 per cent, according to a regulatory filing published on Wednesday. The group previously held 15.12 per cent. Frasers, formerly called Sports Direct, said in June its purchase of Boohoo shares was consistent with its strategy [...]

  • Wine sellers bottle it as middle-class customers scale back amid cost of living crisis

    October 25, 2023

    Virgin Wines' chief executive officer, Jay Wright, is "confident" in the group's longer-term prospects — despite a 10 per cent drop in share price.

  • Soon-to-sell sofa chain ScS finds little comfort in cost of living Britain

    October 25, 2023

    Sofa chain ScS has swung to a loss according to its preliminary results, with the soon-to-be acquired sofa chain blaming a challenging economic climate for the dip. 

  • Birkin bags help drive sales for Hermès

    October 24, 2023

    The company said that its European arm was boosted by the loyalty of local clients and the “dynamics” of tourist flows. 

  • On the Beach calls for CMA to stop low cost carriers’ ‘aggressive tactics’ as long-running feud heats up

    October 24, 2023

    A long-running feud between online travel groups and low-cost carriers is heating up, after On the Beach called on the CMA to step in.

  • Scheme to plug London hospitality skills gap backed by Greene King and Marriot Hotels

    October 23, 2023

    The government scheme which is backed by hospitality heavyweights including Greene King and Marriot Hotels will see them receive an industry recognised ‘Hospitality Skills Passport’.

  • Wiggle’s future uncertain as parent company seizes funding

    October 22, 2023

    The future of Wiggle could be on the line after its parent company’s decision to terminate a €150m (£130m) lifeline to its sports division last week caused a series of concerns within the umbrella of subsidiaries. Signa Holdings’s decision to terminate the funding to Signa Sports United (SSU), which was announced last Monday, soon led [...]

  • Unilever: All eyes on Ben & Jerry’s maker’s progress after leadership shakeup

    October 22, 2023

    Investors will turn their focus to Unilever’s third quarter on Tuesday results to see how the ice cream and deodorant maker is faring after a leadership shakeup. New chief executive Hein Schumacher officially took over from his predecessor Alan Jope  back in July, telling investors at the time he wanted to see more of its [...]

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