London

Dune launches CVA targeted at cutting rent costs

Dune has announced the launch of a CVA prospal targeted at cutting rent costs across its 43 stores and 175…

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Amazon’s tax to turnover ratio dropped to 0.37% in 2020

Amazon saw its tax to turnover ratio fall to 0.37% last year, despite sales rising by more than 51% in…

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Amazon launches 1,000 apprenticeships across UK

Amazon has announced it is set to create 1,000 apprenticeship roles in the UK this year, as it continues to…

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JD Sports raises £464.2m to bolster acquisition plans

JD Sports has announced the completion of the placing of new ordinary shares in the business’ capital, which raised £464.2m…

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Footfall remains above first lockdown levels despite poor weather

Footfall across UK retail destinations rose by just +0.4% last week from the week before as poor weather deterred high…

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Moonpig valued at £1.2bn amid market debut

Moonpig has entered the London Stock Exchange with a market capitalisation of £1.2bn, following the successful pricing of its initial…

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Thomas Pink returns to online market despite LVMH sales float

Thomas Pink has announced it is returning to trade, albeit online, after shutting down its website and social media channels…

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Arcadia collapsed owing creditors £750m

Philip Green’s retail empire, Arcadia, reportedly fell into administration while owing its creditors £750m. The debts, first reported by the…

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US investor eyes Notonthehighstreet takeover

Great Hill Partners, a US-based investment company, is reportedly in “advanced talks” to buy the online personalised gifts retailer, Notonthehighstreet. …

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JD Sports mulls £400m share placing

JD Sports Fashion is reportedly eyeing up an equity sale of around £400m as it “eyes further opportunities” to expand…

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