Inditex, Zara’s Parent Company, Reports Record Profits and Sales Growth
In a remarkable financial year, Zara's parent company Inditex saw a staggering 10% increase in pre-tax profit to £6.4bn...
pre-tax profit
Next Expands to New Central London Office Amid Strong Sales Growth
Lead: Fashion retailer Next has secured a five-year lease for a prime location in London's Fitzrovia neighborhood at 31...
Debenhams Appoints Asos Veteran as Head of Business Development
In a recent development, Jo Hunt, the former head of partner brands at ASOS, has been appointed as Debenhams'...
UK Retail News Roundup: Store Closures, Profitability, and Gender Pay Gaps
Fashion retailer Quiz's subsidiary Zandra Retail goes into administration, closing 23 stores and resulting in around 200 job losses....
Boohoo Veteran Patrick Duggan Promoted to Debenhams Creative Director Amid Strong Sales Growth
Debenhams's head of creative Patrick Duggan has been promoted to creative director after four years at Boohoo Group. Duggan...
Debenhams Reports Profit After Boohoo Acquisition and Marketplace Model Success
Debenhams, the online department store, has made a remarkable comeback, reporting a pre-tax profit of £3.27 million after strong...
Gymshark CFO Departs After Two Years of Service
In a surprising move, Gymshark's Chief Financial Officer Mat Dunn has departed the company after less than two years....
Space NK Reports Double-Digit Customer Growth and Record Profits
Space NK, the premium beauty retailer, has reported impressive financial results for the year ending March, with pre-tax profit...
N Brown Reports Profit Turnaround Amid Falling Sales
In the face of falling sales, N Brown, owner of Jacamo, JD Williams, and Simply Be, has managed to...
Shein’s UK Profits Soar as Sales Reach £1.55bn and Rival Boohoo’s Revenues Overtaken
Shein's UK arm sees a massive 38% revenue increase to £1.55bn in 2023, surpassing rival Boohoo's £1.46bn. The company...