ABG Considers Acquiring Hunter Boot Amid Post-Pandemic Sales Rebound
In a recent development, the owner of Ted Baker and Reebok, Authentic Brands Group (ABG), is reportedly considering acquiring...
Monthly Archives: March 2023
L Catterton Acquires Majority Stake in International Fashion Brand A.P.C.
L Catterton acquires a controlling stake in French clothing brand A.P.C., founded by Jean and Judith Touitou, with plans...
Amazon Plans Distribution Centre Closures Affecting Over 1,200 Jobs
Amazon announces closure of its Gloucester Centre Severn distribution center, citing operational issues; four other centers in Hemel Hempstead,...
WH Smith Faces Cyber Security Incident Affecting Employee Data
In a major cybersecurity incident, WH Smith has had company data, including employee information, hacked by attackers. The attack...
Victorian Plumbing Reports Strong Start to FY23 with 10% Revenue Growth and Improved Efficiency
Victorian Plumbing reports a strong start to the financial year, with revenues up by 10% in the five months...
UK Footfall Declines After Half-Term Boost
UK retail footfall declines 5.3% as school holidays end; shopping centers hit hardest. Footfall dropped across all destination types,...
High Street Chain Store Closures Slowest Since 2014, Retail Parks Recover Faster
In the second half of 2022, chain store closures slowed down to their lowest rate since 2014, with 11,530...
Record High Shop Price Inflation at 8.4% in February
Record high shop price inflation hits consumers as warnings of months-long stagnation emerge, according to the British Retail Consortium....
Urban Outfitters Inc Reports Record Q4 Net Income of $31.5m
Urban Outfitters, Inc., parent company of Urban Outfitters, Anthropologie, and Free People, reports a record net income of $31.5...
Pret A Manger Introduces Third Pay Rise Amid Cost of Living Crisis
Pret A Manger is raising its staff's pay by 3% starting April, marking the third increase in a year....