Frasers Group increases Hugo Boss stake to £840m October 24, 2022 Frasers Group revealed it had snapped up a further chunk of shares from fashion firm Hugo Boss today taking its stake in the firm to £840m.
HMV: Date flagship Oxford Street store reopening confirmed after ‘dramatic turnaround’ November 16, 2023 HMV, the British music and video store that has gone kaput twice, will reopen doors to its flagship store on Oxford Street next week.
Sunak to crack down on ‘unacceptable’ targeting of young people by vape market May 30, 2023 A new Government crackdown on vape marketing will prevent the “unacceptable” targeting of children and young people, Rishi Sunak has said. Ministers have pledged to close a loophole allowing retailers to give free samples of vapes to children in England, amid concerns over the proportion of children trying e-cigarettes. The move comes days after the [...]
Oxford Street on cusp of something really ‘special’, New West End chief says April 23, 2023 Oxford Street is on the cusp of something “really special” and “exciting”, the chief of the New West End company has said, as store development and a boost in international tourism signals a return to better times for London’s most iconic shopping district. Dee Corsi, who oversees operations for the retail strip which spans from [...]
Revolution or all-out war? Firm brands ‘hostile’ Boohoo coup ‘self-serving and opportunistic’ June 21, 2023 All eyes turn to the AGM of troubled fashion giant Revolution Beauty as it hit back at “hostile” shareholder Boohoo ,labelling its attempted coup as “opportunistic” and “self-serving”. Boohoo, which holds a 26.6 per cent stake in the Revolution, revealed it would vote against chief executive Bob Holt, chairman Derek Zissman and chief financial officer [...]
The most affordable Christmas dinner in a cost of living crisis November 9, 2023 Aldi has emerged on top after finance experts uncovered the cheapest supermarket in the UK to purchase your Christmas dinner in 2023.
British sportswear firm Castore set for near £1bn valuation after £145m injection November 29, 2023 Castore are today set to announce a cash injection that will see the sportswear brand valued at nearly £1bn. The British clothing manufacturer, backed by the likes of Andy Murray and who provide kit for Aston Villa, McLaren and others, has struck a deal to raise £145m from a number of investors including the Raine [...]
Wickes reports sales growth ahead of winter dominated by rising energy costs October 21, 2022 Home improvement giant Wickes announced a boost in sales ground in the third quarter, as it looks to maintain “rigorous control” of costs ahead of a choppy winter. The retailer registered like-for-like sales growth of 2.6 per cent in the last three months, down from 5.4 per cent on the second quarter, but recovered from [...]
City Moves: Who’s switching jobs in the Square Mile? November 9, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Redmill Solutions Media planning and data management solutions firm Redmill Solutions has appointed a new global head of commercial, as the firm seeks to expand into new markets. Shirlene Chandrapal, who brings more than two decades experience [...]
How do you know the economy’s in trouble? Pawnbrokers are doing well. March 12, 2024 The listed company said it raked in £26.4m before tax for 2019, up from £19m the previous year, marking a rise of 39 per cent.