Adidas admits that it made a mistake in using Bella Hadid as a supermodel to promote a retro trainer brand dating back to the 1972 Munich Olympics. Bjorn Gulden is
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Lord Harris of Peckham, who built Carpetright from the ground up 35 years ago, has signed a multimillion pound deal in order to save it. Tapi, a rival flooring chain
LVMH, the luxury goods conglomerate, and its billionaire founder bought a stake of Bicester Village as well as eight other upmarket outlets shopping centres in Europe for £1.5 billion. L
The boss of Longchamp, who called for the reinstatement of tax-free shopping in Britain, warned that Britain was losing out on tourists with high spending habits. Jean Cassegrain said that
Burberry’s newly appointed chief executive, Joshua Schulman, fought through jet lag to reach the headquarters of the luxury group near the River Thames as soon as his transatlantic flight landed
Carpetright’s rival is the frontrunner in the race to purchase the flooring retailer. Tapi, a company founded by the members of the Carpetright family, has submitted a formal offer to
Adidas has raised its full-year forecast for the second time this year, in just three months. This is the latest sign that the turnaround plan of its CEO’s is gaining
Ocado’s boss said that the company is committed to its London listing, even though it was relegated earlier this year from the FTSE 100. Tim Steiner said that he did
Burberry’s chief executive has been fired and its dividend canceled after the latest of a string of profit warnings. The shares of the British luxury brand plunged after the announcement
Lawyers say that Shein’s pursuit for a London listing placed the UK Financial Conduct Authority (FCA) under intense scrutiny. The regulator is weighing up its approval while trying to balance
Carpetright is for sale, which could result in hundreds of closures of stores and the loss thousands jobs. PwC has been appointed to launch the formal sale process by the
Mike Jatania, a British tycoon, is close to completing a deal with The Body Shop as he continues his race to save the remaining high-street chain. Mr Jatania, it is
Ocado Group is planning to build a robotic third warehouse with its Japanese retail partners. The online supermarket group and technology company announced that it would expand its partnership with
If a landmark case against British Airways or easyJet is successful, millions of passengers may be compensated for delayed flights. British Airways and easyJet have been fighting to dismiss the
The employee share scheme of Britain’s largest supermarket chain is set to pay out more than £30million in total. Tesco announced that over 20,000 employees, who work mainly in its
Marks & Spencer faces shareholder concerns over its annual dividend of just 3p, despite paying millions of pounds to its top executives in bonuses. At the retailer’s annual meeting, held
