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Luxury Goods
Mytheresa FY sales jump 8.9% to €916m
LuxExperience has reported that its Mytheresa unit saw net sales rise 11.5% year-on-year to €248.9m (£217m) in the fourth quarter…
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Electrical
Marks Electrical cuts profit forecast as HY sales slide
Marks Electrical has cut its profit forecast for the year after weaker sales in the first half, blaming subdued consumer…
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Economy
AO chief warns UK economy is sliding towards recession
AO World founder and chief executive John Roberts has warned that the UK is heading into recession in a recorded…
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People Moves
M&S appoints former Asos exec as transformation director
Marks and Spencer has announced the appointment of former Asos managing director, Jag Weatherley, as transformation director for its fashion,…
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Features
How the Fine Bedding Company became Family Business of the Year
When The Fine Bedding Company (FBC) was named Family Business of the Year in the Innovation category at this year’s…
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High Street
BRC warns food inflation could stay above 5% until 2026
The British Retail Consortium (BRC) has warned that food inflation could remain above 5% well into 2026 if the retail…
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People Moves
Debenhams Group appoints new non-exec director in board shuffle
Debenhams Group has announced the appointment of Tom Handley to its board as an independent non-executive director, as senior board…
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Economy
Retail sales rise as sunshine and rate cuts boost August trading
Retail sales rose in August, closing out the summer on a stronger footing, according to new data from the Office…
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High Street
Modella Capital leads race to acquire Claire’s UK arm
Modella Capital is leading the race to acquire the UK arm of Clire’s, after reportedly agreeing the outline of a…
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Clothing & Shoes
Quiz summer sales jump 14% after restructuring process
Quiz Clothing has reported that its like-for-like store sales rose by an average of 14% in July and August following…
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