Wales

Arcadia Group enters ‘urgent’ borrowing talks

Arcadia Group, the parent company of Topshop, has reportedly entered “urgent” borrowing talks in a bid to secure funding and…

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Superdry H1 revenues fall 23.3%

Superdry has announced that total revenue fell by 23.3% in the half-year period ended 24 October 2020, reflecting the challenging…

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Chancellor extends furlough scheme to March

Chancellor Rishi Sunak has announced that the furlough scheme will be extended until the end of March, amid increased measures…

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ABF profit slumps as Primark hit by £2bn loss

Associated British Foods, the parent company of Primark, has announced that statutory operating profit tumbled 40% to £810m in the…

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Half-term sees footfall rise 6.2%

Footfall rose by 6.2% during half-term in the UK, according to the latest data from retail experts Springboard. This is…

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Primark warns of £375m lockdown hit

The parent company of Primark has warned that the retailer will face a £375m hit to sales, in an update…

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Next Q3 sales fall 17%

Fashion retailer Next has reported a 17.9% decline in Q3 amid the continued impact of the coronavirus pandemic. The firm…

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UK weekly retail footfall drops by 1.2%

Retail footfall in the UK has dropped by 1.2% in the last week from the previous seven days, according to…

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Footfall continues decline following tiered restrictions

Footfall fell by 3.1% across all retail destinations last week from the week before, following tiered restrictions being introduced across…

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Wales announces ‘firebreak’ lockdown

The Welsh government has announced a two-week “firebreak” national lockdown, which will force business closures across the country from 23…

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