H&M’s Q1 Revenue Growth Stalls Amid Unfavorable Weather Conditions
H&M Group reports a 6% increase in revenues to SEK 57.6bn (£4.2bn) for the first 12 weeks of 2023,...
Monthly Archives: June 2023
Co-op Launches Comprehensive Plan to Boost Social Mobility in the Workplace
In a new study by Co-op, over 40% of young people believe their life achievements are determined by their...
Amazon Coventry Workers Extend Strikes for Six Months Amidst Accusations of Dirty Tricks
In Coventry, Amazon workers have voted for six more months of industrial action amidst ongoing disputes, with nearly 800...
Lids Appoints Ariel Sandler as Head of Brand and Collaborations
Lids appoints Ariel Sandler as head of brand and collaborations, bringing his extensive background in sports, fashion, and culture...
Asos Returns to Profitability Amid Revenue Drop
Online retailer Asos has returned to profitability with a £20 million increase in Earnings Before Interest and Taxes (EBIT)...
N Brown’s Q1 Sales Affected by Poor Weather and Lower Consumer Confidence
In the first quarter of trading, N Brown's revenues dropped by 9.9% to £148.7m due to poor weather and...
Issa Brothers Near £650m Asda Property Sale to Reduce Debt and Interest Payments
Mohsin and Zuber Issa are reportedly on the verge of selling part of Asda's property portfolio to US investor...
Just Hype Strengthens Management Team with New Appointments
In a move to strengthen its management team, Leicester-based fashion brand Just Hype has appointed Dave Leigh as Commercial...
WH Smith Secures £400m Sustainability-Linked Facility for Refinancing
WH Smith has successfully completed the refinancing of its £363 million lending facilities, replacing them with a new £400...
GMB Union Invites Business Secretary to Meet Striking Amazon Workers Amidst Ongoing Dispute Over Pay
Striking Amazon workers in Coventry have invited Secretary of State for Business and Trade Kemi Badenoch to meet them...