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Lululemon lowers full-year guidance after Americas slowdown

Lululemon lowers full-year guidance after Americas slowdown

British Land opposes ‘unacceptable’ TG Jones restructuring plan

British Land opposes ‘unacceptable’ TG Jones restructuring plan

UK retail footfall drops 2.6% as heatwave slows shopping recovery

UK retail footfall drops 2.6% as heatwave slows shopping recovery

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Interest Rates

This coverage explores UK interest rate movements and their impact on the retail industry, focusing on monetary policy decisions, borrowing costs, consumer spending, and retailer financing strategies. Reporting highlights how rate changes affect sales dynamics, investment planning, and operational budgets — providing insight for executives, finance leads, and business strategists navigating economic volatility.

Interest Rates

This coverage explores UK interest rate movements and their impact on the retail industry, focusing on monetary policy decisions, borrowing costs, consumer spending, and retailer financing strategies. Reporting highlights how rate changes affect sales dynamics, investment planning, and operational budgets — providing insight for executives, finance leads, and business strategists navigating economic volatility.

Fred Perry PBT jumps 11.5% to £18.5m

Fred Perry has revealed its profit-before-tax jumped 11.5% to £18.4m in the year ended 31…
CMO sales fall by 17% in H1 amid poor weather

CMO sales fall by 17% in H1 amid poor weather

CMO has seen H1 sales fall by 17% to £30.3m, down from £36.9m the prior year, after first…

BoE cuts interest rates for first time in 4 years

The Bank of England (BoE) has cut interest rates for the first time in four years, with the…

The Perfume Shop profits fall despite rise in revenues

The Perfume Shop has reported a fall in profits from £23.7m to £21.4m despite a 4.6% rise in…

UK economy beats expectations as GDP jumps 0.4%

UK gross domestic product (GDP) beat expectations in May, increasing 0.4%, as a result of…

Today’s news in brief-21/6/24

UK retail sales saw a notable increase of 2.9% in May 2024, reversing a 1.8% decline in…

BoE decision a ‘blow for Gen Z spending’, says RSM UK

The economic impact of high interest rates is set to hit Gen Z spending for the next 12…

UK retail sales jump 2.9% in May

UK retail sales volumes rose by 2.9% in May 2024, following a fall of 1.8% in April 2024,…

BoE holds interest rates for 7th consecutive month

Interest rates have remained unchanged at 5.25% for the seventh consecutive month, the Bank…

Today’s news in brief-12/6/24

The UK economy stalled in April 2024, showing no growth after a 0.4% increase in March, as…