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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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Supermarkets
Sainsbury’s to shut two Argos depots by 2026
Sainsbury’s has announced its plans to close two Argos depots in Basildon, Essex, and Heywood, Manchester, by 2026, which will…
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Electrical
AO ups FY guidance amid improved margins
Online electrical retailer AO now expects its adjusted EBITDA to be in a range of £37.5m to £45m for the…
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Clothing & Shoes
Adidas and West to sell leftover Yeezy stock in new agreement
Adidas has reached a new agreement with Kanye West that will ensure that the footwear brand sells the remaining $500m…
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People Moves
Farfetch CFO to stand down amid slowing revenues
Farfetch has announced that the group’s chief financial officer, Elliot Jordan, will step down by the end of 2023, after…
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People Moves
N Brown appoints new CFO
UK-based clothing and footwear retailer N Brown has announced the appointment of Dominic Appleton as the brand’s new chief financial…
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