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News-In-Brief
Today’s news in brief-24/10/24
Frasers Group is pressuring Boohoo to appoint its founder Mike Ashley as CEO, criticising the current leadership’s handling of the…
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Online & Digital
Very Group profits jump 17% amid ‘careful cost management’
The Very Group has revealed that its pre-exceptional operating profit jumped 17.1% to £218.3m for the year ended 29 June…
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News-In-Brief
Today’s news in brief-23/10/24
Chancellor Rachel Reeves is reportedly considering imposing higher taxes on Amazon as part of a broader effort to support British…
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Economy
M&S boss calls tax rises ‘the easy way out’ ahead of budget
M&S CEO Stuart Machin has accused chancellor Rachel Reeves of “taking the easy way out” amid reports she is considering…
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News-In-Brief
Today’s news in brief-22/10/24
Mulberry’s board has backed Challice, the majority shareholder, in rejecting Frasers Group’s increased £111m takeover bid. Challice made it clear…
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Luxury Goods
Mulberry board backs decision to reject Frasers bid
The board of Mulberry has backed the decision by majority shareholder Challice to reject the improved £111m takeover bid from…
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News-In-Brief
Today’s news in brief-21/10/24
Frasers Group has agreed to sell its 20.3% stake in N Brown for £191m to Falcon 24 Topco Limited, owned…
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Features
What does Shein’s potential IPO mean for the company and its competitors?
Chinese fast-fashion retailer Shein has reportedly been mulling launching an Initial Public Offering (IPO) on the London Stock Exchange for…
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Clothing & Shoes
Bruno Cucinelli revenues hit €920m
Bruno Cucinelli has revealed that its revenues have hit €920.2m (£767m) for the nine months ended 30 September 2024, an…
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News-In-Brief
Today’s news in brief-18/10/24
Boohoo’s CEO, John Lyttle, is stepping down after five years, as the company embarks on a strategic review and secures…
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