Supply Chain

McColl’s sees softer trading period amid cost-of-living crisis

McColl’s has experienced “softer trading” through the Easter period, impacted by reduced consumer spending and continued supply chain disruption across…

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THG rebuffs ‘unacceptable’ takeover proposals as revenues hit £2.2bn

The Hut Group (THG) has recorded “record” revenue growth of 38.1% year-on-year from £1.6bn to £2.2bn in the full year…

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Missguided CEO steps down as advisory firm brought in

Missguided’s founder, Nitin Passi, is set to step down from his role as chief executive officer (CEO) after the womenswear…

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Dunelm Q3 sales surge 69% despite ‘significant’ headwinds

Dunelm Group plc has reported its total sales surged 69% to £399m for the 13-week period ended 26 March 2022…

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Asos swings to loss and predicts further £14m hit from Russia exit

Asos has revealed its pre-tax profits fell 115% year-on-year from £106.4m to a pre-tax loss of £15.8m in the six…

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Retail sales slow as consumer confidence wanes

Total sales increased by 3.1% in March, dropping below the three-month average growth of 6.9% and the 12-month average growth…

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Weird Fish freezes prices amid soaring inflation

UK lifestyle clothing brand Weird Fish has announced it is freezing prices for its spring/summer trading period in response to…

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Co-op profits drop 57% amid food supply disruptions

The Co-op Group has reported its underlying profits dropped 57% year-on-year in FY21 from £235m to £100m, marking a loss…

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The Sofa Workshop ceases trading

The Sofa Workshop has collapsed into administration and has appointed Toby Banfield, David Baxendale and Zelf Hussain of PwC as…

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H&M sales slow as war in Ukraine starts to dampen outlook

H&M has announced the group’s net sales have slowed to 6% in March from 23% in the first quarter due…

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