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High Street
Zara owner sales jump 17.5% in FY22
Inditex, the parent company of high street retailer Zara, has revealed that sales reached €32.6bn (£28.7bn) in FY22, an increase…
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Clothing & Shoes
Fred Perry revenues up 10.4% in FY21
British sportswear brand Fred Perry has revealed that its revenues rose by 10.4% to £112.m in its full-year results, while…
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Supermarkets
Tesco criticised by suppliers over online fulfilment fees
Tesco has received criticism from its suppliers and farmers after they were informed of new fulfilment fees, which are to…
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Clothing & Shoes
Boohoo narrowly approves new growth plan
Boohoo has experienced pushback from shareholders over its plans to award executives £175m if its share price improves, despite the…
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People Moves
Puma appoints GM of BU Sportstyle
Puma has announced the appointment of Lionel Telega as the group’s new general manager of the Business Unit Sportstyle, its…
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High Street
Hotel Chocolat revenues and profit tumble in H1
Hotel Chocolat has reported a fall in revenues in the half-year ended 25 December 2022, falling from £142m last year…
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News
CBI director-general to step aside amid misconduct allegations
The Confederation of British Industry (CBI) has announced that its director-general, Tony Danker, will be stepping away from his role…
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High Street
Retail leaders criticise business rates reform
Retail bosses from M&S, Sainsbury’s and Currys have criticised the changes made to business rates, according to This is Money. …
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Supply Chain
Amazon plans to abandon Gloucester distribution centre
Amazon has revealed its plan to abandon its Gloucester Centre Severn distribution centre, which the company noted had never been…
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Clothing & Shoes
Urban Outfitters owner hits record income for Q4
Urban Outfitters, Inc, the retail operator of brands Urban Outfitters, Anthropologie, and Free People, has revealed a record net income…
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