Boohoo

Boohoo added ‘Made in UK’ labels on clothes made in South Asia

Boohoo reportedly added “Made in the UK’ labels to some of its clothes that were actually made overseas, according to…

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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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