Search Results for: retail sales
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Department Stores
Debenhams owner calls in advisers for its own administration
The holding company of Debenhams, Celine Group Holdings, has appointed advisers to help prepare for its own administration. Celine confirmed…
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Clothing & Shoes
TK Maxx owner suffers £161m Q2 loss
TJX Companies, the owner of fashion retailer TK Maxx, has reported a net loss of $214m (£161m) for the second…
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Health & Beauty
Estée Lauder to axe up to 2,000 jobs
Estée Lauder has announced that it will axe between 1,500 and 2,000 positions across its global business in a bid…
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People Moves
Hamleys CEO to step down
Hamleys chief executive, David Smith, is to step down from the position after only six months with the iconic toy…
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Supermarkets
Grocery growth slows as market eases out of lockdown
The latest grocery market share figures from Kantar show take-home grocery sales growth slowed to 14.4% year on year during…
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Coronavirus
M&S to axe 7,000 jobs
Marks and Spencer has announced its plan to axe 7,000 roles across the business over the next three months. It…
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High Street
Debenhams draws up contingency plans for potential liquidation
Debenhams has reportedly drawn up contingency plans in the event of a potential liquidation, as it continues to weather the…
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High Street
River Island set to axe 350 jobs
River Island is reportedly set to axe almost 350 store management and sales roles as it continues to weather the…
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Clothing & Shoes
New Look to secure £40m of funding
New Look has agreed a deal with its creditors to secure an additional £40m of funding to help ride out…
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Luxury Goods
Watches of Switzerland returns to growth
Watches of Switzerland has reported that full-year revenue rose by 5.9% to £819.3m in the period ended 26 April, 2020. …
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