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Health & Beauty
THG rejects ‘undervalued’ takeover offer for Myprotein
THG’s board has confirmed that it received and rejected an “unsolicited, largely unfunded, highly conditional and non-binding” proposal from Selkirk…
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Supermarkets
Asda to open 25 convenience stores as part of turnaround strategy
Asda is reportedly getting ready to expand its convenience store footprint with 25 openings in new locations between June and…
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Health & Beauty
Revolution Beauty CEO to step down and join Ulta as merchandise boss
Revolution Beauty has announced that chief executive Lauren Brindley will be stepping down from her role and as a member…
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High Street
WH Smith H1 high street profits fall to £15m ahead of sale
WH Smith has reported that high street trading profits fell, from £22m to £15m, in the six months ended 28…
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Sport & Leisure
Frasers to launch Sports Direct in Australia and New Zealand
Frasers Group has struck a long-term strategic retail agreement with Accent Group to launch and operate Sports Direct across Australia…
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Luxury Goods
Mytheresa to finalise acquisition of Yoox Net-A-Porter
Mytheresa has received clearance from the European Commission for its acquisition of Yoox Net-A-Porter from Richemont, with plans to close…
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Economy
Footfall sees sharp 5.4% drop in March due to late Easter
Total year-on-year footfall in the UK dropped sharply by 5.4% in March, up from a 0.2% fall in February, according…
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Supermarkets
John Lewis invests in Home range with 30 new brand additions
John Lewis has announced that it is making “bold” investments in its own Home brand this spring, adding 30 new…
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Luxury Goods
Michael Kors UK FY revenues fall 20% amid lower demand
Michael Kors UK has seen a 20% reduction in its revenues during the year ended 30 March 2024, following the…
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Supermarkets
Sainsbury’s and Royal Mail partner on parcel locker roll-out
Sainsbury’s and Royal Mail have announced a long-term partnership which will introduce parcel lockers at the supermarket chain’s locations across…
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