Black Friday

UK retail sales rise 1.3% in November

Retail sales volumes are estimated to have increased by 1.3% in November 2023, from no growth (revised from a fall…

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Nike lowers sales forecast amid $2bn cost savings plan

Nike has announced that it is set to make cost savings of $2bn (£1.57bn)across the next three years and has…

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UK inflation falls to two-year low of 3.9% 

UK inflation has fallen to 3.9% in the year to November, the lowest level seen in two years, according to…

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Today’s news in brief-14/12/23

Farfetch is reportedly in talks with Apollo Global Management to secure emergency funding as it faces financial challenges. Farfetch, once…

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MusicMagpie revenues bolstered by Black Friday

MusicMagpie expects its full-year revenues to reach £136.6m, slightly down from £143.3m in the year prior, despite a “record” Black…

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Under Armour opens store at The O2

Under Armour, the global sports apparel brand, has opened its London outlet debut store at Outlet Shopping at The O2,…

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Today’s news in brief-11/12/23

November proved to be a challenging month for UK retailers, with Black Friday discounts failing to uplift sales, according to…

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Black Friday fails to rally shoppers during ‘bleak’ November, BDO finds

Significant discounts in the run up to Black Friday failed to rally UK shoppers, resulting in “another disappointing month” for…

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Today’s news in brief-7/12/23

Kelso, an activist shareholder in THG, has intensified its campaign for THG to clarify its plans to separate its three…

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Black Friday 2023 surpasses 2019 levels

Black Friday weekend was the busiest day of 2023, slightly surpassing 2019’s figures, according to new figures released today (7…

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