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Retail

  • Unilever thanks ‘power brands’ for sales bump as Marmite-maker steams ahead with turnaround plan

    April 25, 2024

    Consumer giant Unilever said sales of its most popular brands such as Dove soap helped drive growth in the first quarter, in the businesses first trading update since announcing plans to sell its ice-cream arm. 

  • Will it work? Labour’s plan to reconceptualise the high street

    April 25, 2024

    In this column Sam Fowles take policies on their own terms. This week he asks whether Labour's plan to revive the high street will work.

  • Pretty Little Thing founders venture into the world of luxury interior design

    April 24, 2024

    Adam Kamani and Umar Kamani, the Manchester brothers who founded fast-fashion brand Pretty Little Thing are venturing into the world of luxury interior design. 

  • Harvey Nichols: Customers returning to luxury department store chain helps sales pass £200m and slash losses

    April 24, 2024

    More customers choosing to shop at Harvey Nichols helped sales pass £200m for the first time since the pandemic, according to newly-filed accounts.

  • Reckitt Benckiser: Nutrition arm bruised amid baby formula litigation case

    April 24, 2024

    Like-for-like sales at its nutrition arm fell by 9.9 per cent to £591m, which more than offset growth of 7.1 per cent at its hygiene arm and one per cent at its health arm.

  • Luxury retailer Kering warns of profit slump as Gucci burdens continue

    April 23, 2024

    Kering braces for a profit slump in the first half of the year as the luxury goods giant struggles to win back Gucci sales.

  • Selfridges circled by Chinese and Middle Eastern investors

    April 22, 2024

    Selfridges is being circled by Chinese and Middle Eastern investors as the financial struggles of its Austrian co-owner Signa Holdings trigger a bidding war. 

  • Asda boasts earnings and cash flow growth as low prices and loyalty apps win over consumers

    April 22, 2024

    The firm pointed to the success of its loyalty app scheme, lower opening price points and the Just Essentials range.

  • Asda bosses warned payroll switch could cause problems, report claims

    April 21, 2024

    Asda’s bosses ploughed ahead with a transition onto a new payroll even though they were warned that doing so could risk thousands of workers being paid incorrectly, a report has claimed.

  • Retail sales stagnant in March despite improving prospects for UK economy

    April 19, 2024

    A survey from Deloitte, released today, showed that consumer confidence had reached its highest level in two years.

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