Covid-19

Unbound Group shares surge amid possible takeover

Unbound Group saw its shares surge on Tuesday (28 March) after the clothing company announced a possible cash offer by…

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Prada reports profits rise 21% to €4.2bn for FY22

Prada Group has reported that its 2022 revenues increased to €4.2bn (£3.7bn), marking a 21.3% rise over 2021, according to…

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Canada Goose lowers outlook as revenues slip

Canada Goose reported revenues of $576.7m (£471.3m), down 1.6% from the prior third quarter “largely due” to timing of wholesale…

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Tesco acquires Paperchase IP in pre-pack deal

Tesco has acquired the intellectual property and brand of embattled stationery retailer Paperchase for an undisclosed sum in a pre-pack…

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Tesco in talks to acquire paperchase out of administration

Tesco is reportedly close to acquiring stationery retailer Paperchase out of administration.  According to Sky News, Tesco is in advanced…

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Reasons retailers should prioritise delivery

The Covid-19 Pandemic accelerated the growth in e-Commerce and it is going to continue to grow as consumers value the…

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Footfall drops almost 30% post-Christmas

Retailers in the UK saw footfall decrease 27.7% last week compared to the week before Christmas, which was just 7%…

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Quiz returns to profitability in H1 as demand rises

Quiz has welcomed a “significant” increase in profitability in its half-year results, as profit before tax hit £1.8m, up from…

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VF Corp names Benno Dorer as interim CEO

VF Corporation has announced that Benno Dorer, lead independent director of the VF board, has been named interim president and…

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Mothercare appoints new CEO as profit and sales stall

Babywear retailer Mothercare has announced the appointment of Daniel Le Vesconte as group CEO as it revealed a period of…

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