Search Results for: retail sales
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News-In-Brief
Today’s news in brief-21/10/24
Frasers Group has agreed to sell its 20.3% stake in N Brown for £191m to Falcon 24 Topco Limited, owned…
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Clothing & Shoes
Bruno Cucinelli revenues hit €920m
Bruno Cucinelli has revealed that its revenues have hit €920.2m (£767m) for the nine months ended 30 September 2024, an…
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News-In-Brief
Today’s news in brief-16/10/24
Inflation in the UK has dropped to 1.7% in September, marking its lowest level in over three years, down from…
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News-In-Brief
Today’s news in brief-11/10/24
Ikea reported a 5.3% decline in retail sales to €45.1bn (£37.7bn) after implementing significant price reductions across 63 markets. Despite…
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News-In-Brief
Today’s news in brief-3/10/24
Tesco has reported a robust first half of the financial year, marked by increased sales and profits, prompting an upward…
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Clothing & Shoes
Authentic Brands acquires Champion in $1.2bn deal
Authentic Brands Group has announced that it has finalised the acquisition of athleticwear brand Champion in a $1.2bn (£899m) deal.…
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News
Today’s news in brief-30/9/24
Boohoo is reportedly considering a break-up of its business, following pressure from shareholders to revive the company’s declining fortunes. Boohoo’s…
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Luxury Goods
Mulberry to raise £10m amid £34m loss in FY24
Mulberry has announced a plan to raise £10m as it faces a loss before tax of £34.1m for the year…
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Clothing & Shoes
Hugo Boss profits drop to £12.3m in FY23
Hugo Boss has reported a 50% decline in profits to £12.3m and a 39% decrease in operating profit to £19.7m…
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Today’s news in brief-20/9/24
In August, UK retail sales saw a 1% increase, marking a continued recovery with a 2.5% year-on-year growth, the strongest…
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