Expansion

Moody’s ‘cautiously optimistic’ over Iceland’s future despite weak results

Moody’s has said it is “cautiously optimistic” over Iceland Foods’ financial future and prospects of tackling its bond debt, despite…

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Today’s news in brief-19/2/24

Nike has announced plans to cut 1,600 jobs, approximately 2% of its workforce, in response to disappointing sales figures in…

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The Watches of Switzerland opens Tag Heuer in London Gatwick

The Watches of Switzerland Group has announced the opening of a new Tag Heuer boutique in London Gatwick, South Terminal. …

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VF Corporation appoints new board director

VF Corporation has announced the appointment of Caroline Brown to the company’s board of directors, effective from 14 February.  Brown…

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Intimissimi opens new store on Kensington High Street

Oniverse Group, formerly known as Calzedonia Group, has announced the expansion of the Intimissimi brand in the UK with the…

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Today’s news in brief-13/2/24

Yodel has been rescued by rival company Shift, marking a significant development in the logistics sector. Yodel, acquired by YDLGP…

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From bookstore to global giant: The history of Amazon

In the history of commerce and technology, few companies have been as revolutionary as Amazon. What started as an online…

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Aldi to invest £550m in store and distribution network

Aldi will invest more than £550m in expanding and further improving its store and distribution network during 2024. This includes…

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Ingenuity appoints Alistair Crane as chairman

Ingenuity, the complete commerce business of THG plc, has appointed technology and payments entrepreneur Alistair Crane as its first chairman…

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Today’s news in brief-8/2/24

Farfetch has appointed Akshay Navle as a new director amidst shareholder discontent following the company’s sale to Coupang. Navle, who…

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