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Clothing & Shoes
Under Armour sees dip in profits amid decline in sales
Under Armour has reported a 25% dip in operating income to $70m (£55m) for the three months to 31 December…
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Clothing & Shoes
VF Corporation CFO steps down as group revenues drop to $2.96bn
VF Corporation, owner of Vans, The North Face and Timberland brands, has reported a 16% year-on-year decline in revenues to…
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Clothing & Shoes
Amazon Fashion partners with resale platform Hardly Ever Worn It
Amazon’s fashion arm, Luxury Stores at Amazon In Europe, has announced its collaboration with resale platform Hardly Ever Worn It,…
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Clothing & Shoes
Hobbs to open relocated stores after closure programme
Women’s clothing brand Hobbs is set to launch new stores in more favourable locations despite a string of closures, according…
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Clothing & Shoes
Jeremy Hunt to review tourist tax ahead of Budget
Chancellor Jeremy Hunt has reportedly asked the Office for Budget Responsibility to look at whether the scrapping of VAT-free shopping…
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Clothing & Shoes
Adidas to sell remaining Yeezy stock
Adidas has reported an operating profit of €268m (£229m) in 2023, compared with its previous guidance of a €100m (£85m)…
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Clothing & Shoes
Boohoo lenders reject £75m debt extension bid
Boohoo’s attempt to extend its repayment deadline on a £325m debt has been rejected by some of its lenders due…
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Features
It’s not all just fun and games
The UK toy industry reported that its annual sales dropped by nearly £200m in 2023. Sales dropped by 5% to…
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Supermarkets
Morrisons to sell 337 petrol forecourts in £2.5bn deal
Morrisons has revealed it has agreed a deal with Motor Fuel Group (MFG) to sell 337 Morrisons petrol forecourts (including…
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Supermarkets
EY resigns as Asda auditor
Big Four firm EY has reportedly resigned as auditor of supermarket giant Asda after one of its senior partners started…
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