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Online & Digital
Oak and More reports 69% revenue rise and £6.2m profit boost
Furniture retailer Oak and More has reported a 69% rise in annual revenue and a £6.2m improvement in profitability for…
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People Moves
Vestiaire Collective appoints new CEO
Paris-based fashion resale platform Vestiaire Collective has announced the appointment of Bernard Osta as chief executive, succeeding Maximilian Bittner, who…
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Features
Fresh no more: Amazon’s online grocery strategy explained
Amazon has announced it will close all 14 of its Amazon Fresh stores in the UK, while converting a further…
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DIY
Cotswold Company owner hires advisers for potential sale
Private equity firm True, the owner of The Cotswold Company, has reportedly appointed Arrowpoint Advisory to help prepare furniture and…
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Clothing & Shoes
Uniqlo opens biggest Scottish store in Glasgow
Uniqlo has officially opened its largest Scottish store at the St Enoch Centre in Glasgow. Spread across two floors on…
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DIY
Tapi Carpets FY profits almost double to £15.9m
Tapi Carpets has reported that its operating profits rose to £15.9m in the year to 28 December 2024, almost double…
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High Street
Modella acquires 156 Claire’s stores in UK&I rescue deal
Specialist retail investment firm Modella Capital has officially acquired 156 Claire’s stores in the UK and Ireland after the accessories…
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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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