FTSE 100
This coverage explores how FTSE 100-listed companies intersect with the UK retail sector, providing analysis of financial results, strategic shifts, leadership appointments, and market developments. The reporting is tailored for retail executives and managers seeking to understand the broader economic and competitive forces shaping retail through the lens of major publicly listed businesses.
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Apr- 2025 -7 AprilNews-In-Brief
Today’s news in brief-7/4/25
US President Donald Trump has defended his newly announced tariffs, describing them as necessary “medicine” to address trade imbalances. Speaking aboard Air Force One, Trump warned that governments would need to pay “a lot of money” to lift the sweeping tariffs, which include a baseline 10% levy on imports from…
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7 AprilEconomy
Trump calls tariffs ‘medicine’ amid market turmoil
US president Donald Trump has called his newly-announced tariffs “medicine” as he showed no signs of reversing them. Speaking to reporters on Sunday (6 April) aboard Air Force One, Trump warned that governments would have to pay “a lot of money” to lift sweeping tariffs. He said: “I don’t want…
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Mar- 2025 -17 MarchNews-In-Brief
Today’s news in brief-17/3/25
Fenwick, the family-owned retailer, is facing significant financial challenges, with pre-tax losses widening to £38.1m in the year to January 2024, up from £28.4m the previous year. The company has been operating at a loss for six years due to high inflation, increased costs, and tough market conditions. Despite efforts…
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17 MarchHigh Street
Ex-Morrisons boss touted for B&M CEO role
Former Morrisons boss David Potts is reportedly among the leading candidates for the CEO role at B&M, according to The Sunday Times. Potts has reportedly been in talks with the bargain retailer for weeks about the position, which became vacant following Alex Russo’s departure last month. Sources familiar with the…
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5 MarchNews-In-Brief
Today’s news in brief-5/3/25
Walgreens Boots Alliance, owner of Boots, is in advanced talks with private-equity firm Sycamore Partners for a potential $10 billion deal to take the struggling drugstore chain private. This move comes amid Walgreens’ shares declining sharply over the past decade, from a peak market value of over $100bn in 2015…
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5 MarchHigh Street
Games Workshop welcomes strong start to 2025
Games Workshop has revealed today (5 March) in a short trading update that its performance in January and February has been ahead of expectations. According to the designer and maker of miniature figurines, it has benefited from strong trading across both the core business and licensing. As a result, the…
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Jan- 2025 -31 JanuaryPeople Moves
THG appoints Milyae Park independent non-executive director
THG has announced the appointment of Milyae Park as an independent non-executive director with immediate effect. Park joins THG following a long and successful career in digital and ecommerce transformation at FTSE 100 and FTSE 250 companies including Tesco and Marks and Spencer. Since launching a portfolio career in 2019,…
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Oct- 2024 -4 OctoberClothing & Shoes
Frasers increases Mulberry stake after failed takeover bid
Mike Ashley’s Frasers Group has acquired more shares in Mulberry just days after it had a takeover bid for the company rejected. Frasers subscribed for 4.0 million shares at the 100p per share fundraising price, through clawback provisions available to major shareholders. Before this Frasers held 22.1 million shares in…
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Sep- 2024 -10 SeptemberLuxury Goods
Burberry valuation hits 15-year low as market value falls to £2bn
Burberry shares have dropped by about 8% following a downgrade by Barclays, which has reduced the luxury fashion retailer’s market value to £2bn – its lowest valuation since 2009, The Telegraph has reported. The news comes after the retailer’s recent exit from the FTSE 100. According to Barclays, Burberry’s situation…
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6 SeptemberNews
Today’s news in brief-6/9/24
Burberry, a fixture in the FTSE 100 for the past 15 years, has been demoted to the FTSE 250 following a steep decline in its share price, which has plummeted by around 50% over the last six months. The luxury fashion house has been hit hard by a slowdown in…
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