Kurt Geiger Reports Pre-Pandemic Growth Amidst Challenging Retail Environment
Luxury footwear retailer Kurt Geiger reports pre-pandemic growth with a 3.7% increase in revenues to £347m and an operating...
Covid-19 crisis
Apricot Retailer Shifts to Turnover Rent Amidst Covid-19 Challenges
Apricot, a women's fashion retailer, has switched lease agreements for most of its UK stores to turnover-based rents. This...
Frasers Group Reports Profit Increase Amidst Challenging Times
Frasers Group, owned by Mike Ashley, reports a 29.1% increase in after-tax profit to £84m despite a 7.4% drop...
Kingfisher Returns £130m in Business Rates Relief Amid Strong Sales Performance
Kingfisher, a major retailer, plans to return £130 million in business rates relief received during the pandemic. The company...
B&M Reports Strong H1 Revenue Growth and Upgrades Guidance
B&M reports strong 25.3% revenue growth in the first half of trading, with B&M UK stores seeing a 29.5%...
M&S Announces Job Cuts Amid Covid-19 Crisis
Marks and Spencer (M&S) plans to cut 950 jobs in a bid to restructure its business amidst the Covid-19...
UK Consumer Confidence Rises Amid Covid-19 Uncertainty
In June, GfK's Consumer Confidence Index rose by six points to -30, indicating a slight improvement in consumer sentiment....
Signet Jewelers to Close 80 UK Stores Permanently Amid Covid-19 Impact
Signet Jewelers plans to close 80 UK stores and 150 US and Canadian locations as part of its 'Path...
Ted Baker Raises £95m Rescue Fund Amid Full-Year Losses and Strategy Overhaul
Embattled fashion retailer Ted Baker plans to raise £95 million to survive the Covid-19 crisis, as profits before tax...
Boohoo Reports 54% Profit Increase Amid Pandemic Challenges
Boohoo reports a 54% rise in pre-tax profit to £92.2m, with revenues increasing by 44% to £1.2bn. The online...