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Supermarkets
Asda successfully refinances £3.2bn of debt
Asda has announced that it has refinanced £3.2bn of debt pushing out the majority of its maturities into the next…
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News
Today’s news in brief-2/5/24
Total supermarket sales growth in the UK slowed to 3.4% in the four weeks ending April 20, down from the…
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Luxury Goods
Hugo Boss Q1 sales jump 6%
Hugo Boss has announced that its sales jumped 6% on a constant currency basis to €1.01bn (£860m) for the three…
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Online & Digital
Amazon Q1 net sales jump 13% to $143.3bn
Amazon has revealed that its net sales rose 13% to $143.3bn (£114.7bn), up from $127.4bn (£102bn), for the three months…
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News
Today’s news in brief-30/4/24
Shop price inflation in the UK eased to 0.8% in April, a decrease from 1.3% in March, according to the…
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Clothing & Shoes
Frasers buys back Matches IP from administration
Frasers has announced that it has reached an agreement with the administrators of Matches Fashion to acquire certain intellectual property…
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News
Today’s news in brief-29/4/24
Ted Baker’s European operations are on the brink of administration, endangering 149 jobs. The potential collapse affects stores and concessions…
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High Street
Monsoon Accessorize profits fall amid ‘difficult trading’
Monsoon Accessorize has seen its EBITDA fall 18% to £20m for the year ended 26 August 2023. The company stated…
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News
Today’s news in brief-26/4/24
The Office for National Statistics (ONS) has reported a significant rise in shoplifting offences in England and Wales, reaching over…
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News
Shoplifting hits record high in England and Wales
The number of shoplifting offences in England and Wales has reached its highest point in 20 years, according to new…
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