After receiving a £191-million takeover bid from a member of Alliance’s controlling family, the owner of Simply Be & Jacamo joins the list of UK struggling stocks that have been
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Deliveroo’s platform saw a 6 percent increase in transactions to £1.8 billion and a 2 percent rise in total orders during the third quarter. The UK and Ireland customers increased
Nestle counts the costs of pushing the prices of its bestselling brands out of reach of increasingly squeezed consumers. KitKat and Nescafe are among the 31 “mega brands” of the
Boots, the parent company of Boots high-street pharmacy, will close 1,200 stores in America in the next three year as it struggles with a decline in consumer spending rates and
Mulberry has seen tensions escalate as the two largest shareholders of the British luxury brand clash over its future ownership. The board of Mulberry said Monday it would be open
The Mulberry owner has refused to sell its shares after Mike Ashley’s Frasers Group increased their bid of £111m. Challice is a group controlled and owned by Singaporean entrepreneur Christina
Selfridges property portfolio’s value was reduced by over half a billion pounds in the last year. This highlights the challenges that the department store group faces as it changes ownership
Shein, a Chinese-founded fast-fashion online retailer, doubled its profit in Britain, and overtook Boohoo, before a planned blockbuster London float. According to new accounts filed at Companies House, Shein UK’s
Very Group’s ownership by the Barclay family is being reviewed as their corporate empire continues its decline following a £1.2billion debt deal with a Joint Venture backed by funds from
Richemont struck a deal with its German competitor Mytheresa to sell Yoox Net-a-Porter to them after an earlier sale agreement failed. The Swiss luxury conglomerate that owns Cartier, as well
Mike Ashley’s retirement from the board at his retail empire Frasers Group was never expected. After all, the man had spent 40 years torturing his rivals on the high street.
Tesco’s boss claimed that consumers were “in good shape” and began to buy more expensive products before Christmas. This led the country’s largest grocery store to raise its profit forecast.
JD Sports boss has dismissed the issues facing Nike, the company’s biggest supplier. He credited its store range for compensating weaknesses in individual brands. Regis Schultz said that the retailer
Dobbies plans to close 17 of its 77 shops, which will affect 465 jobs. The new owners are trying to bring the garden centre group back to profitability. The company
Nike announced a 10% drop in its quarterly sales on Tuesday and retracted its full-year outlook. Shares fell as the world’s biggest sportswear manufacturer navigated a turbulent period before the
Mike Ashley’s Frasers Group launched a bold £83 million bid to take over Mulberry, Britain’s most recognizable luxury brand, after being blindsided with a £10million rights offer. Sports Direct’s owner,