Asos ahead of schedule turning ‘stock into cash’ as revenue drops 18 per cent April 17, 2024 Online retailer Asos said it was ahead of plan with its stock reduction process, as it ploughs ahead with its turnaround plan.
Superdry and Dr Martens shares tank on London exits and fears for the future April 16, 2024 Shares in Superdry tanked by over 33 per cent following an announcement by the company that it would bid adieu to the public market as part of a scramble to stay alive.
Chapel Down: Record harvest helps UK’s biggest winemaker fizz to the top April 16, 2024 Chapel Down has reported record company sales for the year ended 31st December following a strong harvest.
Bargain-loving Brits help drive profit at B&M with 45 new stores in the pipeline April 16, 2024 Value retailer B&M Bargains is expecting profits to come in at the top range of guidance, as demand for bargain goods continues to surge amid the cost of living crisis.
Dr Martens names new chief executive amid sales slump in the US April 16, 2024 Dr Martens has named Ije Nwokorie after Kenny Wilison decided this would be his last year as top boss at the boot maker.
Moneysupermarket: ‘High levels of switching’ as Brits search for a deal amid rising car insurance prices April 16, 2024 Moneysupermarket has reported revenue growth of eight per cent in its first quarter to £114.6m, up from £106.3m in the same period of 2023.
Superdry to delist from London Stock Exchange in latest effort to stay afloat April 16, 2024 Embattled fashion brand Superdry has said it will delist from the London Stock Exchange as part of a restructuring plan to keep the company alive.
Troubled Superdry to launch steep rent cuts in latest efforts to stay afloat April 15, 2024 Embattled Superdry will publish a restructuring plan over the coming days which will entail steep rent cuts across a large number of its 94 stores.
Sports Direct fails in bid for injunction against Premier League’s Newcastle United over replica kits April 15, 2024 The premier league club reasons were that it has entered into an exclusive retail arrangement with JD Sport to sell its upcoming replica kit.
Esquire Coffee owner cheers sales rise as it plots store expansion April 15, 2024 Cooks Coffee, the owner of Esquire Coffee in the UK and Ireland, said sales continued to rise in the year to March.