News-In-Brief

Saint + Sofia opens first physical store in Covent Garden

Contemporary womenswear brand Saint + Sofia has opened its debut bricks and mortar store in Covent Garden’s Seven Dials. After…

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Retail sales dip by 0.7% in October

Retail sales have dipped in October by 0.7% following a rise of 0.1% in September, the ONS has revealed.  New…

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Today’s news in brief-21/11/24

Boohoo has appointed Tim Morris as its new independent Chair, effective immediately, marking another milestone in the company’s ongoing restructuring.…

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Today’s news in brief-20/11/24

Ted Baker has re-entered the online retail scene with a UK-exclusive ecommerce platform following its financial collapse earlier this year.…

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Today’s news in brief-19/11/24

Morrisons has achieved a significant reduction in its debt, cutting it by £2.4bn as part of a major restructuring. Since…

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Today’s news in brief-18/11/24

Sephora is poised for an ambitious UK expansion, planning 20 new stores by 2027, doubling its physical footprint. CEO Guillaume…

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Today’s news in brief-15/11/24

The UK economy stagnated in Q3 2024, with GDP rising just 0.1%, a sharp slowdown from 0.5% growth in Q2.…

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Today’s news in brief-14/11/24

The Range and Wilko owner, CDS Superstores, has acquired 70 Homebase stores after the DIY retailer entered administration. This move,…

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Today’s news in brief

Asda announced plans to cut 475 head office roles and reduce hybrid work arrangements, requiring staff to be in the…

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Today’s news in brief-6/11/24

Marks & Spencer (M&S) reported a strong half-year performance, with profits rising 17.2% to £407.8m for the period ending 28…

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