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Clothing & Shoes
Boohoo shareholders to revolt over exec bonuses
Boohoo is facing a backlash from its investors after awarding millions of pounds in bonuses to executives despite widened losses,…
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Economy
Retail sales slump 2.3% in April amid wet weather
Retail sales fell by 2.3% in volume over April, following a fall of 0.2% in March, as the retail sector…
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Online & Digital
Temu owner sales rocket 131% in Q1
The owner of Temu, PDD Holdings, has welcomed a strong first quarter of trading as sales rocketed 131% to RMB86.8bn…
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Health & Beauty
THG shareholder to vote against chair reappointment
An activist investor in THG is reportedly set to vote against the reappointment of chair Charles Allen as it criticised…
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High Street
The Works expects return to profit amid cost-cutting plans
The Works is anticipating a return to profit in its new financial year, having reported flat sales for FY24, following…
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Supermarkets
French conglomerate sues Morrisons over £2.5bn petrol forecourts deal
Bouygues, a French conglomerate, is reportedly looking to block Morrisons’ £2.5bn deal to sell over 300 of its petrol forecourts…
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Clothing & Shoes
Asos to debut in India following Reliance Retail partnership
Asos is set to debut in India following a new long-term partnership with Reliance Retail, India’s leading retailer.Under a long-term…
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Health & Beauty
Natura & Co mulls Avon separation amid widened losses
Natura and Co has confirmed it is still exploring a “potential separation” of Avon after its losses widened in the…
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Clothing & Shoes
Burberry profits plummet 40% amid luxury spending slowdown
Burberry has seen its pre-tax profits nosedive 40% to £383m in its full-year results, down from £634m the prior year,…
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Health & Beauty
Boots owner steps up talks with potential buyers for chain
Walgreens Boots Alliance (WBA), the owner of Boots, has reportedly stepped up efforts to secure a potential buyer for the…
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