Browsing: Business

With inflation decreasing quicker than anticipated, the Bank of England reduced interest rates to 4.75%. However, concerns arise as employer…

With the holiday season approaching, Asda experienced a downturn in sales, marking a notable exception in the UK supermarket sector.Asda’s…

Poundland’s parent company, Pepco Group, is examining strategic avenues for the troubled discount brand amidst ongoing financial pressures.A substantial impairment…

Zalando has announced its acquisition of the German fashion online platform About You in a deal valued at €1bn (£906m).The…

Walgreens Boots Alliance is in talks to sell Boots, its UK high street chain, to Sycamore Partners.The potential sale could…

Inditex, the parent company of Zara, has reported a 7.1% increase in sales for the first nine months of 2024,…

Skims, founded by Kim Kardashian, is negotiating for the former Ted Baker store on Regent Street, London.If successful, this would…

Labour’s latest fiscal measures have sparked mixed reactions among retail leaders.Many retail leaders express concerns over increased costs due to…

Boohoo Group CEO Dan Finley highlights the potential value of Debenhams amidst ongoing challenges.Finley asserts that Debenhams could surpass the…

Boohoo has explicitly stated it is not seeking confrontation with Frasers, urging shareholders to oppose Mike Ashley’s board appointment proposal.The…