Pandemic

The Range losses widen to £11.7m in FY23

The Range has reported that losses have widened to £11.7m, falling more than 10% in the financial year ended 29…

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Majestic partners with Rest Less on over-50s staff recruitment

Majestic has announced a new partnership with Rest Less as part of a drive to attract a greater number of…

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Can Asos turn around its spiral into widening losses?

If Asos’ estimations are correct, the online fashion retailer will be facing its second year of falling sales as big…

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PrettyLittleThing founder posts interest in Topshop deal

PrettyLittleThing founder Umar Kamani has expressed his interest in buying TopShop from Asos.  Commenting on X (FKA Twitter) on a…

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Today’s news in brief-1/11/23

Asda has successfully finalised its acquisition of EG Group’s UK business, a deal valued at a substantial £2bn. This strategic…

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Tesco names Matthew Barnes as new UK CEO

Tesco has announced the appointment of Matthew Barnes as its new UK CEO effective from March 2024, following news that…

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How the FatFace deal lines up with Next’s aggressive acquisition strategy

This year has been a year full of big mergers and acquisitions and October has continued in that vein. The…

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Today’s news in brief-20/10/23

The Office for National Statistics (ONS) revealed a 0.9% decline in retail sales for September, following a 0.4% rise in…

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Retail sales drop in September as demand for household goods wanes

Retail sales have fallen by 0.9% in September, following a rise of 0.4% in August 2023, according to the new…

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Fred Perry reports record year as profits surge

British heritage brand Fred Perry has reported a “record year” as its profit before tax increased by 34% to £15.6m…

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