Logistics

Today’s news in brief-14/10/24

Mulberry’s majority shareholder has rejected an increased bid from Frasers Group, which had offered £111m to take control of the…

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Zalando ups FY guidance as Q3 revenues hit £2bn

Zalando has revealed it has upped its full-year guidance after a strong third quarter of the year in which revenues…

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Bestseller profits up 8% to £594m

Danish fashion brand Bestseller has reported an 8% increase in profits to DKK 5.3bn (£594m) for the year to 31…

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Today’s news in brief-10/10/24

Asos has finalised the sale of Topshop and Topman to Heartland, a joint venture led by Bestseller, with Heartland acquiring…

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Footasylum secures £35m funding package for expansion

Footasylum is set to accelerate its growth plans across the UK and beyond after securing a £35m revolving credit facility…

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Nike withdraws FY guidance amid falling Q1 sales

Nike has withdrawn its full-year guidance after first quarter sales plunged, and ahead of Elliot Hill becoming president and CEO…

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Problems with pre-retail logistics proving costly for suppliers

New research from retail logistics company Advanced Supply Chain (ASC) found that 51% of manufacturers and brands supplying products to…

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Today’s news in brief-13/9/24

Logistics UK warned that new EU fingerprint and facial recognition checks for non-EU passengers at Dover could cause delays, impacting…

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EU border rules to disrupt Christmas food deliveries, warns Logistics UK

Logistics UK, a leading trade group, has warned that a new fingerprint scheme which has been designed to tighten EU…

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New Look partners with ITF to protect supply chain workers

New Look has partnered with the International Transport Workers’ Federation (ITF) to ensure that transport workers’ human and labour rights…

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