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Today’s news in brief-26/7/24

Boohoo has introduced “Boohoo Brands” a new marketplace featuring over 200 labels including luxury brands like Alexander McQueen and Gucci.…

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THG to axe 171 roles as staff ordered to return to office full-time

THG is reportedly set to axe 171 jobs across the business whilst “insisting” that staff return to the office five…

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Dunelm non-executive director exits

Dunelm has announced that Arja Taaveniku, an independent non-executive director of the company, has informed the board of her decision…

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Central Co-op raises hourly pay amid further benefits for employees

Central Co-op has announced significant investments in its employees by raising minimum pay to £12 an hour, alongside paid breaks…

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Boohoo eyes closure of Leicester factory

Boohoo Group is looking to close its Thurmaston Lane factory in Leicester in favour of relocating its operations, Drapers has…

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Currys boss criticises gov’s minimum wage plans

Currys CEO Alex Baldock has accused the government of not caring about the retail industry after claiming its decision to…

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Dr. Martens appoints new chief brand officer from Apple

Dr. Martens has announced that non-executive director Ije Nwokorie will join as chief brand officer from 1 February 2024.  On…

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Theft to cost retailers £7.9bn in 2023, study finds

It has been forecast that retail theft will cost UK retailers £7.9bn this year, according to new research by Thruvision…

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Next CFO to depart after 28 years

Next has revealed that its CFO, Amanda James, has decided to retire from full-time work after 28 years. The retailer…

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Currys to recruit for over 1,100 roles ahead of ‘peak’ trading

Technology retailer Currys has today announced plans to create over 1,100 new roles during this year’s “peak” trading period. To…

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