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Next and Frasers Group mulls bid for Ted Baker

Mike Ashley’s Frasers Group and Next have expressed interest in acquiring Ted Baker, according to the Times. The news comes…

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Today’s news in brief-2/4/24

Superdry CEO Julian Dunkerton’s plans for a takeover have fallen through, leading to an extension of a £20m funding facility…

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FatFace unveils leadership changes following Next acquisition

FatFace has announced several new appointments within its senior leadership team to help drive the business forward following the acquisition…

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Today’s news in brief-21/3/24

Reports suggest that Kingfisher, the owner of B&Q, is contemplating a bid for Homebase’s stores in the Republic of Ireland,…

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Next profits hit record high of £918m

Next has revealed its profit before tax increased 5% to £918m as it focused on improving its product ranges, online…

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Today’s news in brief-15/3/24

After 14 years of service, Iain McDonald, a non-executive director at THG, has announced his intention to step down from…

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Next Beauty CEO Amanda Scott resigns

Amanda Scott, Next Beauty’s chief executive has departed from her role, according to the Retail Week. For around five years…

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Matalan unveils five new senior leadership appointments

Matalan, the fashion and homeware omnichannel value retailer, has announced the appointment of five new leaders as it continues its…

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Frasers rescues Wiggle from administration

Frasers Group has acquired online bicycle retailer Wiggle out of administration, The Sunday Times has reported.  Frasers reportedly agreed a…

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Sainsbury’s to axe 1,500 roles amid cost-cutting programme

Sainsbury’s has announced that it will reduce the number of roles across the business by approximately 1,500 as part of…

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