Germany

Selfridges co-owner admits £4bn price was ‘too high’

Tos Chirathivat, the executive chair and CEO of Thai family conglomerate Central Group, said in a conversation with The Financial…

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Ruggable launches first in-store presence through John Lewis partnership

Ruggable has announced that for the first time in the UK market, its rugs will be available to view in-store…

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Today’s news in brief-26/11/24

AO World has raised its full-year profit forecast to between £39m-£44m after reporting a 30% rise in pre-tax profits to…

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Secret Sales expands European presence with Afound acquisition

Secret Sales, the marketplace for off-price retail in fashion, sportswear and beauty, has acquired H&M Group’s digital fashion outlet, Afound.…

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Today’s news in brief-19/11/24

Morrisons has achieved a significant reduction in its debt, cutting it by £2.4bn as part of a major restructuring. Since…

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Revolution Beauty profits rise to £3.9m despite 20% drop in sales

Revolution Beauty has reported an 18% rise in adjusted EBITDA to £3.9m for the six months ended 31 August 2024,…

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Today’s news in brief-6/11/24

Marks & Spencer (M&S) reported a strong half-year performance, with profits rising 17.2% to £407.8m for the period ending 28…

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Hugo Boss sales remain flat in Q3

Hugo Boss reported flat sales to €1.02bn (£833m) in Q3 2024 despite ongoing macroeconomic and geopolitical uncertainties.  In light of…

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