TDR Capital Appoints eBay’s Head of Europe as Partner
Asda owner TDR Capital has hired eBay's UK head Rob Hatrell as a partner, set to join this Autumn....
Monthly Archives: June 2022
Tesco Sales Decline Amid Inflation Impact on Customer Behavior
Tesco's UK sales dropped 1.5% in Q1 due to changing customer behavior amidst inflation, but profit guidance remains unchanged....
N Brown Reports Q1 Sales Drop but Remains Confident in Medium-Term Growth Strategy
N Brown's sales dropped 2.1% to £165.1m during Q1 this year, with a 7.2% decline in heritage brands but...
Flannels Expands Luxury Retail Presence with New Store at Braehead
In Glasgow's Braehead retail destination, luxury fashion retailer Flannels has opened a new store, owned by Frasers Group plc,...
BoE Increases Interest Rates to 1.25% Amid Inflation Concerns and Economic Uncertainty
The Bank of England's Monetary Policy Committee has raised interest rates for the fifth consecutive time to 1.25%, as...
West End Landlords Capco and Shaftesbury Merge for £5bn Deal
In a major real estate deal, Capital and Counties Properties PLC (Capco) and Shaftesbury have agreed to merge, creating...
Halfords Downgrades FY23 Profit Expectations Despite Strong Performance
Halfords Group plc has downgraded its profit expectations for the year despite a 49.8% increase in profit before tax...
THG Rejects Undervalued Takeover Proposals, Continues Strong Performance
In a statement today, THG has rejected all unsolicited proposals for the company, deeming them unacceptable and undervaluing it....
Boohoo’s Revenues Decline Amid Cost of Living Crisis
Boohoo's revenues dropped 8% in Q1 2022 but have increased by 75% over a three-year pre-pandemic period, showing market...
Asos Warns of Lower Profits Amid Higher Returns and Inflation Impact
Asos warns of lower profits this year due to uncertain consumer behavior and higher return rates, with revenue growth...