Expansion

Kering revenues fall 4% in FY23 despite ‘stable’ sales

Kering, the group that operates Gucci, Yves Saint Laurent and Bottega Veneta, reported that revenues declined 4% to €19.6bn (£16.7bn)…

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Estée Lauder to cut up to 3,100 jobs amid global sales decline

Estée Lauder has announced a restructuring programme, which will see the group cut up to 3,100 jobs across its global…

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Today’s news in brief-6/2/24

Revolution Beauty has settled a dispute with its former CEO and co-founder, Adam Minto. Minto will pay the company £2.9m…

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Asda to open 110 stores in February

Asda will open 110 Asda Express convenience stores in February – a record for a single month – to accelerate…

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Mamas and Papas names new CFO

Mamas and Papas has announced the appointment of Sarah Ashby, Asda’s former finance executive, as its new chief financial officer. …

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Today’s news in brief-31/1/24

The Body Shop is set to sell parts of its business in Europe and Asia. The deal involves an agreement…

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Morrisons to sell 337 petrol forecourts in £2.5bn deal

Morrisons has revealed it has agreed a deal with Motor Fuel Group (MFG) to sell 337 Morrisons petrol forecourts (including…

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Today’s news in brief- 30/1/24

Online marketplace Secret Sales has appointed Anthony Farrow as its new Chief Technology Officer. Farrow, with 23 years of experience…

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Secret Sales appoints new chief technology officer

Secret Sales has announced the appointment of Anthony Farrow as the online marketplace’s new chief technology officer.  The appointment comes…

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Poundland begins transition to new general merchandise ranges

Poundland has confirmed that it has begun a “complete overhaul” of its general merchandise ranges that will see it introduce…

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