Tax
-
Nov- 2025 -20 NovemberClothing & Shoes
Dr Martens cuts first-half losses as new strategy bears fruit
Dr Martens has reduced its H1 2026 losses after early benefits from its Levers for Growth strategy helped lift full-price sales and strengthen its balance sheet. The company reported a pre-tax loss of £11m for the 26 weeks to 28 September, an improvement on the £28.7m loss a year earlier. …
Read More » -
19 NovemberLuxury Goods
Mulberry HY losses narrow as full-price sales lift margins
Mulberry Group has reported that its losses before tax narrowed, from £15.3m to £7.4m, in the 26-week period to 27 September, as the luxury brand pushed ahead with its turnaround strategy and tightened control of costs. The group also maintains that trading remained in line with board expectations during the…
Read More » -
19 NovemberHigh Street
WHSmith CEO steps down amid ‘extremely serious’ accounting errors
The CEO of WHSmith has resigned with immediate effect as the group published a report that revealed the extent of “extremely serious” accounting errors in its North America division. Following an independent review from Deloitte for FY23 to FY25, a report concluded that the division’s treatment of supplier income was not…
Read More » -
17 NovemberHigh Street
Søstrene Grene opens first Gloucester store at Gloucester Quays
Søstrene Grene has opened its first Gloucester store at Gloucester Quays, bringing the Scandinavian homeware brand’s full range to the city for the first time. The 3,987 sq ft unit, located at the main entrance to the scheme from High Orchard Street, offers the brand’s homewares, small furniture, lifestyle accessories…
Read More » -
14 NovemberDIY
DFS hails strong early trading as order intake rises
DFS Furniture said it had made a solid start to its new financial year, reporting higher order intake and improved margins across the first 19 weeks of its trading period ended 9 November 2025. The group said its scale, vertical integration and use of data continued to support performance, adding…
Read More » -
14 NovemberShopping Centres
Landsec ups guidance amid falling profits
Bluewater owner Landsec has announced that it has upped its guidance for the year as it shifts away from office developments to retail sites and building more homes. The company told shareholders that it is on track to deliver growth in net rental income of between 4% and 5% this…
Read More » -
12 NovemberSupermarkets
Supermarket sales growth slows ahead of Black Friday
Total Till sales at UK supermarkets rose by 3.2% in the four weeks to 1 November 2025, according to new data from market researcher NielsenIQ (NIQ). The figure marks a slowdown from 4.1% growth in September, as shoppers held off spending in anticipation of seasonal promotions such as Black Friday…
Read More » -
11 NovemberHigh Street
Retail sales slow in October as shoppers hold off for Black Friday
UK retail sales rose by 1.6% year on year in October, down from growth of 0.6% a year earlier and below the 12-month average of 2.1%, according to the British Retail Consortium (BRC) and KPMG. Food sales increased by 3.5% in October, matching the 12-month average and up from 2.6%…
Read More » -
11 NovemberHigh Street
Thousands of premises targeted in largest high street crime crackdown
Thousands of high street businesses across the UK have been targeted as part of a national crackdown on economic crime and the criminal exploitation of local premises.The coordinated effort, known as Operation Machinize 2, was led by the National Crime Agency (NCA) in partnership with the National Police Chiefs’ Council…
Read More » -
7 NovemberEntertainment
Footfall drops for sixth consecutive month as shoppers await Budget impact
Retail footfall across the UK fell by 0.7% year on year in October, marking the sixth consecutive monthly decline as shoppers remained wary ahead of a possible tax-raising Budget, according to new BRC-Sensormatic Solutions data. Although footfall continued to remain down, the four-week period to 1 November showed an improvement…
Read More »
