Burberry’s full-price sales continued to grow in double-digits compared with two years ago in the 13 weeks to December 25, underlining the ongoing recovery both at the company and in the luxury sector as a whole.
Online retail giant Amazon looks set to resolve its feud with credit card giant Visa over processing fees following a six-week who-will-blink-first standoff.
Shopping online will remain a focus for most UK consumers this year but priorities are shifting towards cost, convenience and choice, according to a new survey.
Fashion brands overstating their environmental credentials had better watch out. The UK’s Competition and Markets Authority (CMA) is cracking down on businesses that make misleading sustainability claims.
THG’s Q4 trading update on Tuesday showed that the group’s shares may have been under heavy pressure in recent months but its sales continue to soar.
The bid for GSK's assets, including Sensodyne toothpaste and Advil painkillers, comes as Unilever is dealing with steep inflation and sluggish growth in emerging markets, where it derives 60% of its revenues.
Kesslers International has been saved. The East London-based retail display specialist has been bought out of administration by Manchester-based GB Sign Solutions, part of the PFI Group, for an undisclosed sum.
Fortnum & Mason had a strong Christmas period, but its latest accounts for the year to last July also showed it swinging to a pre-tax loss for the first time since 2009.
Early signs of the confidence shown by workers returning to their offices saw a boost for UK high street footfall in the latest week. Footfall across UK retail destinations rose 1.5%, according to Springboard.
All dressed up and somewhere to go. Christmas 2021 was a season of a return to socialising, albeit on a slimmed-down scale compared to 2020’s restrictions. That meant consumers upped their spend on fashion and beauty.
Two key executives who helped to shape UK retail died in the last few days. Paul Myners was the former chairman of M&S and Landsec and John Sainsbury was the driving force behind the supermarket chain for 23 years.
Speculation is intensifying over who might buy Boots from its current owner Walgreen Boots Alliance, and the latest names in the frame are the Issa brothers, the retail tycoons who recently took control of Asda.
Former Farfetch COO Andrew Robb is in the running to be the next CEO of ASOS, a report has claimed. There had been speculation in recent weeks that Robb was a contender for one of global fashion's top leadership posts.
Burberry is the latest big name in fashion to link its finances to its drive to operate a greener and more ethical business. It has refinanced its revolving credit facility to a £300m sustainability-linked loan.
Frasers Group has unveiled ambitious plans for the Republic of Ireland with a Flannels opening in Dublin that will be its first Flannels location outside the UK.
