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Retail

  • DFS issues Red Sea delivery delays warning as furniture giant slashes expectations

    March 19, 2024

    DFS has warned that the ongoing chaos in the Rea Sea could continue to impact its balance sheet as it revealed a reduced financial performance.

  • Unilever to spin out ice cream business – including Ben & Jerry’s

    March 19, 2024

    Unilever's ice cream brands, such as Wall's, Magnum, and Ben & Jerry's, are among the top-selling global ice cream brands.

  • Soho House executive chairman : The costs of being a public company currently outweigh the benefits

    March 18, 2024

    The executive chairman of Soho House has revealed the difficulty he has faced as the leader of a public company amid criticism from a short-selling group that suggested the exclusive members club should return to the private market.

  • Naked Wines: Shares slump as refinancing rumours give investors jitters

    March 18, 2024

    Shares in Naked Wines slumped close to seven per cent today as reports about a refinancing deal with debt advisers appeared to give investors jitters. 

  • Brew by Numbers, Black Sheep and Brick Brewery, spike in brewery collapses shakes sector

    March 18, 2024

    According to data by accounting firm Mazars, last year (ending December 31), 69 UK breweries went insolvent, up from 38 a record for 2022.

  • Currys shrugs off lack of takeover offer by raising profit forecast for the year

    March 18, 2024

    Tech retailer Currys has officially ended its period for considering takeover bids without securing any offers.

  • Watch theft wave continues – with £1.5bn-worth lost or stolen in one year alone

    March 18, 2024

    A sharp rise in theft has driven a more than threefold increase in the number of watches recorded as lost or stolen over the last 12 months, according to new data, as the value of missing timepieces hits £1.5bn.

  • Will FTSE 100 giant Next continue to top the retail leaderboard?

    March 16, 2024

    Next will unveil its full year earnings this coming Thursday, as investors gear up to see how the FTSE 100 firm has navigated a challenging period for retailers. 

  • Chinese shopping giant JD pulls out of Currys takeover race

    March 15, 2024

    Chinese online shopping giant JD.com has pulled out of the race to acquire Currys, just one week after another potential suitor pulled out of the race.

  • Soho House: Waiting list at private members club and short seller target hits another record

    March 15, 2024

    Soho House, the exclusive private members club, reported a loss of $57m (£44m) in the fourth quarter, but said its wait list is now at an all time high

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