Fast Retailing Profits Rise, Asda’s Redevelopment Faces Opposition, UK Economy Grows, Retail Struggles
Uniqlo's parent company Fast Retailing has raised its profit forecast for the third consecutive year due to strong sales...
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J.C. Penney’s New Marketing Strategy: Subverting Expectations with ‘Yes, J.C. Penney’
J.C. Penney, a 123-year-old department store chain, is launching an ambitious marketing campaign to change consumers' perception of the...
Surprise 0.5% Growth in UK Economy in February
In a surprising turn of events, the UK's economy expanded by 0.5% in February, thanks to strong showings from...
Jack Wolfskin Acquired by Anta Sports for £222m in Deal to Focus on Core Business
In a major deal, sports equipment company Topgolf Callaway sells Jack Wolfskin to Anta Sports for £222.21 million ($290m),...
Fast Retailing Co. Raises Profit Forecast for Third Consecutive Year on Strong Sales
Uniqlo's parent company, Fast Retailing Co., boosts profit forecast for the third year in a row due to robust...
Shein Secures UK Regulatory Approval, Awaits Chinese Clearance for London IPO
China-founded fast fashion giant Shein has received approval from the UK's Financial Conduct Authority (FCA) for its planned initial...
Topgolf Callaway Sells Jack Wolfskin Brand to Anta Sports for $290 Million
In a recent announcement, Topgolf Callaway Brands reveals they've struck a deal to sell their Jack Wolfskin business to...
Met Police Challenges Asda’s Park Royal Redevelopment Over Safety Concerns
In a recent development, the Metropolitan Police threatens to halt Asda's proposed redevelopment project in west London due to...
UK Footfall Declines 5.4% in March Due to Late Easter Holiday
UK foot traffic plunged 5.4% annually in March, soaring from a 0.2% decline in February, due to Easter's delayed...
Uniqlo Owner Fast Retailing Raises Forecast for Third Year of Record Profits
Fast Retailing, owner of Uniqlo, predicts a third consecutive year of record profits, thanks to strong sales in Japan,...