Barbour’s Profits Rise Despite Challenging Market Conditions
British fashion retailer Barbour has reported a 15% increase in operating profits for the year ending April 30th, 2024,...
Monthly Archives: January 2025
Perfect Corp Acquires Wannaby to Expand into Luxury Fashion
In a major move to expand its virtual try-on capabilities into fashion categories, Perfect Corp. acquires Wannaby, a company...
UK Retail Footfall Rises Slightly in December Amid Cost-of-Living Crisis
UK retail footfall saw a slight increase in December, with shopping centers experiencing a minor drop. Retail parks and...
Barbour Sees 12.3% Profit Increase Amidst Decreased Turnover
In a surprising turn of events, British clothing brand Barbour has seen its operating profits soar by 12.3% to...
Independent Retailers Face Record Store Closures in 2024
In 2024, a staggering 13,500 shops closed, marking a 28.4% increase from the previous year's 10,494 closures. Over half...
Revolution Beauty Settles Legal Claim with Chrysalis Investments, Faces Challenges Amid Sales Plunge and Leadership Changes
In a recent development, Revolution Beauty has reached a confidential settlement with former shareholder Chrysalis Investments over allegations made...
Lidl’s Record-Breaking Christmas: £1bn Turnover and 2m More Customers
Lidl celebrates its most successful Christmas ever, with turnover surpassing £1bn for the first time and sales rising by...
Quiz Reports Widened Losses Amid Weak Footfall Trends in UK Stores
In a recent financial update, Quiz, the fashion retailer, reveals a significant rise in pre-tax losses to £4.7 million...
Amazon’s War on Fake Reviews: Strategy, Enforcement, and Collaboration
Amazon has been battling the growing issue of fake reviews on its platform, which reached an estimated 42% in...
Amazon’s Sustainable Packaging Efforts: Kindle Devices and Beyond
Amazon has introduced new sustainable packaging for its Kindle devices, replacing plastic bags with water-based coatings and increasing post-consumer...