Supply Chain

A guide to sustainable and ethical sourcing

Understand sustainable and ethical sourcing Get a clear grasp of what sustainable and ethical sourcing means in terms of environmental…

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Today’s news in brief-16/11/23

Mars has acquired Hotel Chocolat in a £534m deal, offering a 168% premium on the share price. Mars sees cultural…

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Mars acquires Hotel Chocolat for £534m

Mars has agreed to a takeover of Hotel Chocolat in a deal which values the business at £534m. The cash…

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Asda cuts debt as Q3 sales slow

Asda has announced that it has shaved £300m off its debt pile during the third quarter of the year while…

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Today’s news in brief-13/11/23

Retail theft is projected to cost UK retailers £7.9bn in 2023, with a notable increase in employee theft. Thruvision Group…

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Richemont appoints Karlheinz Baumann to senior executive committee

Richemont has appointed Karlheinz Baumann to the group’s Senior Executive Committee (SEC) in his capacity as group director of Operations,…

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Theft to cost retailers £7.9bn in 2023, study finds

It has been forecast that retail theft will cost UK retailers £7.9bn this year, according to new research by Thruvision…

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Under Armour lowers full-year revenue forecast as Q2 sales flatten

Under Armour has lowered its full-year revenue forecast as its revenues stagnated in Q2. In the three months to 30…

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M&S profits soar 75% to £360m in H1

M&S has reported its profit before tax soared by 75.3% to £360.2m in the first half of the year, up…

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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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