Retail

The fast-fashion retailer Shein has accelerated its plans to float a record breaking in London. Reports claim that the Chinese-founded online retailer chose London as its listing location, after deciding against New York due to tensions…

Cazoo, an online car retailer,has failed to secure funding The digital used-car business founded by the former Zoopla boss Alex Chesterman has filed an notice at the High Court that it plans to appoint administrator. The British car…

Donald Tang can recall exactly where he stood when he heard the first news about Shein. The former banker and his wife were dining in Hawaii at the beginning of the pandemic in 2020. Tang's spouse complimented the waitress for her stylish…

Wickes Group maintained its annual guidance in spite of a sharp drop in quarterly sales, as consumers shied away from purchasing more expensive products and services such as bespoke cabinets. Home improvement retailer, said that…

Next, once again, has defied UK high-street downturn and delivered better-than expected sales growth in the first three months. The fashion and homewares retailer shrugged off spring's wet weather to post a 5.7% increase in full-priced…

Mulberry's boss has warned there is no end to the global downturn in luxury after Mulberry posted another drop in sales. Thierry Andretta is the chief executive officer of the luxury handbag maker, whose investors include Mike Ashley’s…

Retail bosses warned the government about the impact of its decision to not restore VAT free shopping by foreign tourists on other industries. The manager of the O2, a venue for entertainment in Southeast London, accused the Treasury of…

Frasers Group bought out parts of MatchesFashion from administration. The deal did not include the stock worth £80 million or the remaining 250 employees. The Sports Direct founder Mike Ashley's retail group, controlled by Ashley, 59…

The Body Shop was purchased by a private equity firm for just £3.5m before the collapse of . Aurelius is believed to have only paid a small amount of money to Natura, the former owners of The Body Shop, despite having agreed to a £207m…

Supermarket Income Reit has made its first overseas foray after agreeing to purchase a portfolio Carrefour supermarkets located in France. In a sale and leaseback, the real estate investment trust acquired 17 "strongly performing…

Grocers are following in Amazon's footsteps in their pursuit of the retail 'holy-grail' Spotify users are known to flood social media in the last weeks of the year with their favorite songs, artists, and genres. Spotify Wrapped is a…

Many job candidates have been thrown by the nerves when an employer asks a question that they didn't expect. The John Lewis Partnership has taken steps to ensure that it does not miss out on any excellent employees because they are…

Jeremy Clarkson's Diddly Squat Farm Shop in the Cotswolds is a magnet for Jeremy Clarkson enthusiasts who line up the parking lot each week to buy the products inside. Customers can now order online and in some Amazon Fresh shops…

Coffee chain shakes up its top team after feeling the heat of its customers Pret a Manger's new chairman has vowed that the company will reduce its debt. This comes amid a shakeup in the boardroom, which has seen its founder return to…

City analysts warn that Burberry faces a takeover after it lost a fifth of its worth since the beginning of the year. A profit warning by Burberry’s Paris-listed competitor Kering which owns Gucci triggered a fall in the shares of the…

Retailer completes largest acquisition to date by purchasing Alabama-based chain JD Sports has reversed the trend where UK companies are falling victim to American buyers. They have struck a $1.1bn deal (£900m), to buy a US sportswear…

Mike Ashley's Frasers Group refused to let the Financial Reporting Council publish the main findings of an investigation into the retailer's most recent annual report. Frasers has been involved in corporate governance disputes for many…

Hornby has seen a drop in sales due to delays in deliveries caused by shipping attacks in the Red Sea. Margate-based model trains and collectibles said that sales fell 8 percent in the final quarter of their financial year, ending March…