-
Clothing & Shoes
H&M net sales increase 12%
H&M has announced that its net sales for FY22 increased 12% to SEK 223bn (£176bn) for the year ended 30…
Read More » -
Clothing & Shoes
Inditex to double number of disabled employees
Zara owner Inditex has announced plans to double its number of disabled employees within the next two years. The company…
Read More » -
Luxury Goods
Michael Kors appoints new CEO
Michael Kors owner Capri Holdings has announced the appointment of Cedric Wilmotte as the CEO of Michael Kors effective 3…
Read More » -
Clothing & Shoes
Primark revenues surpass £3bn
Primark owner Associated British Foods has announced that its retail revenues for the year reached £3.15bn. In a trading update…
Read More » -
Supermarkets
Asda owners eye potential £13bn EG Group merger
Asda owners Mohsin and Zuber Issa are reportedly considering merging the company with the EG Group ahead of EG’s £7bn…
Read More » -
Economy
December retail sales fall 1% despite Christmas boost
Retail sales volumes fell by 1% in December 2022 after a 0.5% fall in November 2022, according to data from…
Read More » -
Clothing & Shoes
Dr Martens warns on profits amid US disruption
Dr Martens has warned that its profits and revenues could drop after it faced “significant operational issues” at its new…
Read More » -
Clothing & Shoes
Burberry sales rise 1% amid Chinese ‘covid disruption’
British retailer Burberry has announced that its like for like sales only grew 1% for the 13 weeks ended 31…
Read More » -
Online & Digital
Ocado reveals Q4 revenues of £550m
Online retailer Ocado has announced revenues of £550m for 13 weeks ended 27 November 2022, an increase of 0.3% compared…
Read More » -
Department Stores
M&S announces £480m store investment plan
Marks and Spencer has announced a £480m plan to invest in 20 “bigger and better” stores over the next two…
Read More »
