Boohoo

Today’s news in brief-9/1/24

The UK saw record-breaking grocery sales of £4.8bn during the week ending December 23, 2023, representing a 4.3% increase compared…

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Boohoo eyes closure of Leicester factory

Boohoo Group is looking to close its Thurmaston Lane factory in Leicester in favour of relocating its operations, Drapers has…

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Revolution Beauty reaches settlement with co-founder amid CFO exit

Revolution Beauty has announced that it has reached a settlement with Tom Allsworth, the former executive chairman and co-founder of…

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Today’s news in brief-6/11/23

The future ownership of the iconic London department store, Selfridges, is reportedly in question as co-owner Signa grapples with a…

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UK retailers join forces to sign Wrap’s Textiles 2030 initiative

More than 30 retailers have signed up to Wrap’s Textiles 2030 initiative to reduce the carbon impact of the textiles…

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Can Asos turn around its spiral into widening losses?

If Asos’ estimations are correct, the online fashion retailer will be facing its second year of falling sales as big…

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Today’s news in brief-3/11/23

In October, footfall in the UK dropped by 5.7% year-on-year, with high streets experiencing a 4.6% decrease, compared to a…

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Today’s news in brief-25/10/23

Asos has pushed back the release of its FY23 results to 1 November 2023, citing the need for its auditor,…

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Frasers Group ups Boohoo stake to 16.5%

Mike Ashley’s Frasers Group has once again increased its stake in online retailer Boohoo and now holds a 16.5% share…

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Today’s news in brief-20/10/23

The Office for National Statistics (ONS) revealed a 0.9% decline in retail sales for September, following a 0.4% rise in…

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