Search Results for: retail sales
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Clothing & Shoes
H&M Q1 profits drop amid ‘external market pressures’
H&M has seen its operating profit drop 42% to SEK 1.2bn (£95m) for the three months ended 28 February 2025,…
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Electrical
Frasers ups stake in AO World to 25%
Mike Ashley’s Frasers Group has revealed it has increased its stake in fashion retailer Brown to 25.01%, according to the…
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News-In-Brief
Today’s news in brief-25/3/25
WH Smith has successfully completed a refinancing deal, securing a £200m US Private Placement and a new £120m bank term…
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DIY
Kingfisher profits fall 7% to £528m in FY24
Kingfisher has reported a 7% dip in profits to £528m, including £33m of one-off business rates refunds at B&Q, during…
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Features
How hard is it to turnaround a legacy brand?
Britain has a long and storied history with retail having a number of companies which have been established for well…
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Features
Lessons from Forever 21’s decline
The collapse of once-iconic brands like Forever 21 serve as a stark warning for fast fashion retailers globally. Having filed…
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News-In-Brief
Today’s news in brief-24/3/25
Harrods is nearing the finalisation of compensation payments for victims of sexual abuse by its former owner, Mohamed al Fayed,…
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Clothing & Shoes
In The Style owed more than £20m before rescue deal
In The Style had over £20m in debt when it was rescued following its collapse into administration, according to a…
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Online & Digital
Frasers ups Asos stake amid takeover rumours
Frasers has raised its shareholding in online fashion retailer Asos to 25.13%, up from 24.21%, making it the second largest…
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News-In-Brief
Today’s news in brief-21/3/25
In The Style has been rescued from administration through a pre-pack sale to Alps Sourcing Limited, saving 87 jobs. The…
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