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Luxury Goods
Apple profits fall as iPhone demand slows
Apple has reported a 2% year-on-year decline in profit to $23.6bn (£18.8bn) and a 4% decrease in revenues to $90.8bn…
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Supermarkets
Asda successfully refinances £3.2bn of debt
Asda has announced that it has refinanced £3.2bn of debt pushing out the majority of its maturities into the next…
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Supermarkets
Supermarket sales growth slows to 3.4% as inflation eases
Total Till sales across UK supermarkets slowed to a growth of 3.4% in the four weeks ending 20 April, down…
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High Street
Lounge Underwear PBT falls 33% amid focus on store openings
Lounge Underwear has reported that pre-tax profits dropped 33% to £5.5m during the year ended 30 June 2023, as the…
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High Street
Pandora raises revenue guidance amid 18% organic growth
Pandora has raised its revenue guidance to “8-10%”, up from 6-9%, following 18% organic growth in Q1 2024 with like-for-like…
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High Street
Iolla unveils JV partnership opportunities across the UK
Scottish eyewear brand, IOLLA, has today (1 May) announced the launch of a joint venture partnership model as part of…
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News
Morrisons completes £2.5bn petrol forecourts sale to MFG
Morrisons has successfully closed the sale of 337 Morrisons’ petrol forecourts and more than 400 associated sites on the Morrisons’…
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Clothing & Shoes
Moss to open new store in Gloucester Quays
Menswear retailer Moss has selected Gloucester Quays for its next store, opening Saturday 4 May. Moss is set to bring…
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News
Aldi moves to 100% recycled plastic on soft drink and water bottles
Aldi has moved to 100% recycled plastic for its own-brand soft drinks and bottled water range in England and Wales.…
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Economy
Consumer confidence hits three-month high in April
Consumer confidence has risen from -21 to -19 in April, marking the first improvement in three months, GfK has reported.…
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