FCA
This coverage focuses on the Financial Conduct Authority’s (FCA) oversight and actions affecting the UK retail sector. Reporting highlights regulatory changes, compliance requirements, investigations, enforcement actions, and guidance — all analysed for their impact on retail operations, financial practices, and corporate governance. The content is designed for retail executives and managers responsible for ensuring regulatory compliance and mitigating risk.
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Oct- 2024 -4 OctoberClothing & Shoes
Shein to hold informal talks with investors ahead of possible London float
Shein is reportedly set to hold informal talks with potential investors in the coming weeks regarding its much anticipated London initial public offering (IPO), according to Reuters.Three sources with knowledge of the matter said the discussions will be held as the fast fashion giant awaits UK regulatory approval to launch…
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Aug- 2024 -13 AugustClothing & Shoes
Shein scouts Midlands warehouse ahead of London IPO
Shein is reportedly looking to open its first British warehouse within the Midlands’ “golden logistics triangle” ahead of its anticipated £50bn listing on the London Stock Exchange, according to The Telegraph. It is understood that the fast fashion giant has sent a team of representatives to the UK to look…
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Jun- 2024 -25 JuneNews
Today’s news in brief-25/6/24
Shein has confidentially filed for an IPO in London, valued at £50bn, despite concerns over its portrayal in the UK which has caused some anxiety among Chinese officials. The fast-fashion retailer, which needs approval from both the China Securities Regulatory Commission (CSRC) and the Financial Conduct Authority (FCA), had previously…
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25 JuneClothing & Shoes
Shein files confidential London IPO paperwork amid possible listing
Shein confidentially filed paperwork to launch its £50bn IPO in London earlier this month, sources have told Reuters and CNBC, despite recent rumours that the float could be scrapped amid pressure from Chinese officials. According to sources, it is “not immediately clear” when Shein plans to launch the IPO. However,…
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Aug- 2023 -30 AugustClothing & Shoes
Superdry shares suspended amid results delay
Fashion retailer Superdry has had its shares temporarily suspended by the Financial Conduct Authority (FCA) after delaying the publishing of its full-year results. The company stated that its results were not ready and therefore requested that trading of its Ordinary Shares be suspended. Superdry expects that its shares will return…
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Jul- 2023 -24 JulyHealth & Beauty
Revolution Beauty faces FCA probe over market abuse
Revolution Beauty has revealed that the Financial Conduct Authority (FCA) has launched an investigation into the retailer over potential breaches of market abuse regulation. The investigation will examine potential breaches that occurred between July 2021 and September 2022. Revolution Beauty said in a statement: “The Financial Conduct Authority has today…
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11 JulyNews
N Brown unveils new board changes
UK clothing and footwear digital retailer N Brown has announced that Gill Barr and Richard Moross have stepped down as board directors as planned following the conclusion of the Company’s AGM. Meg Lustman will succeed Barr as the chair of the remuneration committee and a member of the nominations and…
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4 JulyDIY
SCS names Mark Fleetwod as CFO
Flooring and furniture retailer ScS has revealed it has appointed Mark Fleetwood as chief financial officer (CFO). He will join the board of the group and take up his role as CFO on 4 September 2023. The retailer said Fleetwood has significant retail and PLC experience most recently serving a…
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Jun- 2023 -21 JuneHealth & Beauty
THG expects increased H1 profits following strong Q2
THG has welcomed a “strong” second quarter of trading that is set to increase its first half profitability, with adjusted EBITDA for the half-year now expected to be between £44m and £47m, compared with £32.3m in the same period last year. As a result, the group’s guidance for the financial…
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7 JuneClothing & Shoes
N Brown appoints new CFO
N Brown has named Dominic Appleton as its new chief financial officer, succeeding Rachel Izzard who has stepped down after three years. Appleton joined the Manchester-based clothing and footwear retailer as chief financial officer designate in March of this year and has now been appointed CFO and a board director…
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