Jaskeet Briah
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Supermarkets
Asda sales drop 9.2% to £4.64bn
Asda has reported its like for like sales (excluding fuel) fell by 9.2% to £4.64bn in the period from 1…
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Clothing & Shoes
John Lewis enters childrenswear rental market
John Lewis and Partners has announced it is launching a trial with thelittleloop to give parents the choice to rent…
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News
JD Sports chair Peter Cowgill steps down with immediate effect
JD Sports Fashion Plc has announced that Peter Cowgill, currently executive chairman, will step down from his role with immediate…
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Health & Beauty
Glossier CEO to step down
Glossier has announced that its founder and chief executive officer (CEO), Emily Weiss, will step down as CEO, a role…
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News
EG Group revenues hit £5bn as foodservice profits surge 54%
The EG Group has reported that its revenues surged 25.1% year-on-year from $5.52bn (£4.4bn) to $6.91bn (£5.5bn) in the three…
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Clothing & Shoes
Abercrombie & Fitch lowers forecast amid Q1 loss
Abercrombie and Fitch has lowered its forecast for 2022 with expectations for net sales to be flat to up 2%…
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Clothing & Shoes
Gymshark founder climbs Sunday Times Rich List as profits hit £45m
Gymshark has reported pre-tax profits of £45.4m in the financial year ended 31 July 2022, with profits in the year…
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Clothing & Shoes
H&M unveils new Braehead store
H&M has announced the opening of its new store at Braehead shopping centre, a retail and leisure destination, under the…
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Clothing & Shoes
Ted Baker selects preferred bidder as Sycamore backs out
Ted Baker has announced it has selected a preferred counterparty to buy the business as US Private equity firm, Sycamore,…
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DIY
Kingfisher sales drop despite supply pressures easing
Kingfisher has announced its like-for-like sales dropped 5.4% to £3.2bn in the three months ended 30 April 2022 (Q1), although…
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