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News-In-Brief
Today’s news in brief-7/5/25
Asda has appointed Rachel Eyre as its new chief customer officer, replacing David Hills. Eyre joins from Morrisons, where she…
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Clothing & Shoes
Skechers to be acquired by 3G Capital for $9.42bn
Footwear brand Skechers has announced that it has agreed to be acquired by 3G Capital for $9.42bn (£7bn). The investment…
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News-In-Brief
Today’s news in brief-6/5/25
Deliveroo has agreed to a £2.9bn takeover by US rival DoorDash, creating a combined entity operating in over 40 countries…
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Supermarkets
Co-op and M&S face continued cyber attack disruption
Co-op and Marks and Spencer are both still dealing with the aftermath of cyber attacks which hit them last week.…
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News-In-Brief
Today’s news in brief-2/5/25
Apple reported a 5% year-on-year revenue increase to $95.4bn in Q2 2025, surpassing analyst expectations. Earnings per share rose 8%…
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Clothing & Shoes
Shein considers US restructure as tariffs derail London IPO
Shein is reportedly exploring ways to restructure its US business in an attempt to get around the US tariffs on…
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News-In-Brief
Today’s news in brief-1/2/25
The Co-op has shut down parts of its IT systems after hackers attempted unauthorised access, causing minor disruptions to call…
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Supermarkets
Hackers target Co-op IT systems
The Co-op has shut down parts of its IT systems in response to hackers attempting to gain access to them.…
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News-In-Brief
Today’s news in brief-29/4/25
Primark reported a 1% rise in sales to £4.47bn in the first half of the year, with adjusted operating profit…
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Clothing & Shoes
Gymshark clears £600m revenue barrier for first time
Gymshark has revealed that it posted revenues of £607.3m for the year ended 31 July 2024, surpassing the £600m mark…
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