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People Moves
In The Style founder steps down as CEO
Adam Frisby, the founder of In The Style, has announced that he is stepping down from his role as CEO,…
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DIY
ScS shareholders approve £99m Poltronesofà deal
ScS has announced that its shareholders have voted in favour of the group’s £99m takeover by Italian firm, Poltronesofà. At…
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Online & Digital
Alibaba chief to head e-commerce arm
Alibaba Group has announced that chief executive Eddie Wu will now serve as chief executive of the group’s ecommerce arm,…
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Economy
UK inflation falls to two-year low of 3.9%
UK inflation has fallen to 3.9% in the year to November, the lowest level seen in two years, according to…
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Clothing & Shoes
Farfetch acquired by Coupang in $500m rescue deal
South Korean ecommerce group Coupang has agreed to acquire Farfetch, which had been seeking a rescue deal in recent weeks,…
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Clothing & Shoes
Farfetch seeks last-minute rescue deal
Farfetch is reportedly looking to secure a last-minute rescue deal with a private equity-backed buyer, according to The Sunday Times. …
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High Street
Currys boss criticises gov’s minimum wage plans
Currys CEO Alex Baldock has accused the government of not caring about the retail industry after claiming its decision to…
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Luxury Goods
Farfetch in talks with Apollo over rescue deal
Farfetch has reportedly entered talks with Apollo Global Management to secure emergency funding in a bid to rescue the group.…
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Clothing & Shoes
Sosandar maintains FY guidance despite half-year loss
Sosandar has fallen to a pre-tax loss of £1.3m in its half-year results, down from a profit of £0.1m the…
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Clothing & Shoes
Shein mulls London IPO
Fast-fashion giant Shein is reportedly considering plans for a London Stock Exchange flotation, Sky News has reported. According to Sky,…
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