Farfetch in talks with Apollo for rescue deal
Farfetch is in talks with Apollo Global Management about securing a last-minute cash injection as it teeters on the brink of collapse. The luxury fashion […]
Revolution Beauty reaches settlement with co-founder as CFO exits
Revolution Beauty chief financial officer Elizabeth Lake is set to step down from her position at the company after 18 months. The executive will be […]
Supermarkets change recipes to cut costs but hike prices
Supermarkets and food brands have been found to have changed the recipes of products to save money while still increasing the price for shoppers, a […]
John Lewis non-executive director Nicky Dulieu quits after seven months
John Lewis non-executive director Nicky Dulieu has stepped down from her post seven months after joining the Partnership. The former Hobbs boss is said to […]
Exclusive: Wilko owner eyes 40 stores in next 12 months
Wilko owner Chris Dawson has revealed plans to open up to 40 new UK stores next year as he looks to restore the discount chain […]
Loyalty strategies set to dominate the retail industry in 2024
Leading brands are now approaching loyalty as a digital transformation initiative, with retailers including Victoria’s Secret, Under Armour and JD Sports all having launched or […]
B&Q owner Kingfisher to launch retail media business
DIY giant Kingfisher will launch a retail media offer with B&Q set to go live this month as the business predicts revenue from advertisers will […]
THG activist shareholder Kelso ramps up break-up campaign
THG’s activist shareholder has ramped up its campaign calling for the company to affirm its break-up plans. Kelso Group has written to the company’s board […]
Trafford centre to get onsite police team
The Trafford Centre near Manchester will have its own police station in a move to increase security at the shopping complex. The partnership with Greater […]
Asos faces battle with suppliers over £90m VAT bill
Asos suppliers are preparing to battle the struggling fast-fashion retailer over a near £100m VAT bill. The retailer said in its annual report that its suppliers have […]