Search Results for: retail sales
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Clothing & Shoes
Footasylum profits soar by 188% in ‘record’ year of growth
Footasylum has welcomed a year of “record” profits and sales, with pre-tax soaring by 188% to £17.2m, up from £6m…
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Features
Stricter knife sale laws: Problem solver or business burden?
Stricter rules for online retailers selling knives are set to be introduced by the government, along with tougher penalties for…
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News-In-Brief
Today’s news in brief-18/3/25
Forever 21 has filed for bankruptcy protection in the US for the second time, following a previous filing in 2019.…
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High Street
Forever 21 files for bankruptcy in the US
Forever 21’s operating company has filed for bankruptcy protection in the US, the BBC has reported. The retailer confirmed in…
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Clothing & Shoes
Select Fashion nears collapse, 35 stores to close
Select Fashion is reportedly on the verge of collapse, with 35 stores set to close if it falls into liquidation.…
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Department Stores
Fenwick eyes restructuring as losses widen
Fenwick has reportedly called in restructuring professionals from AlixPartners as it looks to address its mounting losses and cost pressures,…
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Economy
UK GDP unexpectedly falls 0.1% in Jan
The UK economy shrank unexpectedly by 0.1% in January as production in the manufacturing sector struggled, according to the latest…
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News-In-Brief
Today’s news in brief-13/3/25
John Lewis Partnership has announced that its staff will not receive a bonus for the third consecutive year, despite tripling…
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News
John Lewis staff miss out on bonus despite tripled profits
The John Lewis Partnership has confirmed its staff will not receive a bonus for the third year in a row,…
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News-In-Brief
Today’s news in brief-12/3/25
Inditex, the parent company of Zara, reported a strong financial performance for FY24, with sales rising by 10.5% to €38.6bn…
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