Expansion

Mohsin Issa backs GoThrift through new start-up investment fund

Asda co-owner Mohsin Issa, and his partner Victoria Price, have reportedly taken a significant stake in Manchester-based secondhand clothing website,…

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Castore swings to pre-tax loss of £28.8m despite sales surge

British sportswear brand Castore has reported a pre-tax loss of £28.8m for the year ended 4 February 2024 after previously…

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From side hustle to global costume leader – The story of Fraser Smeaton’s costume empire

In 2009, Fraser Smeaton, CEO and co-founder of MorphCostumes, saw an unusual potential in what seemed like an ordinary moment.…

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Today’s news in brief-30/10/24

Next is on track to surpass £1bn in profits for the first time, following a strong performance in autumn. The…

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Dreams opens new premium concept store in East Sheen

Dreams has announced the opening of its new premium concept store in East Sheen, which it said represents the “future…

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Today’s news in brief-29/10/24

The British Retail Consortium (BRC) has urged the chancellor to prioritise keeping prices low as shop price deflation reached 0.8%…

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Dr Martens owner acquires stake in K-Way

Permira Growth Opportunities II, a fund advised by global investment firm and owner of Dr Martens Permira, has entered into…

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Today’s news in brief-28/10/24

Mike Ashley, founder of Frasers Group, has indicated readiness to step into the CEO role at Boohoo to initiate a…

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Lidl to open 10 new stores before Christmas

Lidl is accelerating its national expansion with the opening of 10 new stores before Christmas. From Berwick Green in Bristol…

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Today’s news in brief-25/10/24

Boohoo has countered Frasers Group’s claims of “stone-walling” regarding the latter’s push to install Mike Ashley as Boohoo’s CEO. In…

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