Pandemic

Retail Crisis: Why mountains of excess inventory and overselling is set to kill off many promising businesses

Remember the early days of the pandemic? The never-before-seen surge in online shopping meant retailers were overwhelmed with demand. Locked…

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Do staff cuts really help in a recession?

The European fashion retailer, Zalando, has predicted a return to growth of up to 3% in H2 despite a 58%…

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Adidas CEO Kasper Rorsted to step down in 2023

Adidas AG has announced that it has initiated a CEO transition as its current chief executive, Kasper Rorsted, will step…

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Felixstowe Port strike could lead to £700m hit to trade

The upcoming eight day strike at Felixstowe Port could disrupt trade worth up to £700m, experts have warned. According to…

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Retail sales improve slightly in July

Retail sales volumes rose by 0.3% in July 2022 following a fall of 0.2% in June 2022, according to the…

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AO swings to £37m loss in FY amid rising costs

AO has fallen to a pre-tax loss of £37m in the full-year ended 31 March 2022, down from a profit…

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The business pledges of the Conservative leadership finalists

Business Rates On 9 August, the Retail Jobs Alliance, a coalition of retailers including Morrisons, Greggs and Tesco, called on…

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Mobile marketing trends and opportunities for UK retailers in 2022

Smartphones are often the first thing people check in the morning and the last thing they touch at night. In…

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Boohoo makes strategic investment into Revolution Beauty

Boohoo has announced that it has recently made a strategic investment into Revolution Beauty Group plc amounting to a direct…

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Asos COO and CFO Mat Dunn to step down

Asos has revealed that its chief operating officer (COO) and chief financial officer (CFO), Mat Dunn, will step down from…

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