Post-Brexit checks on EU fruit and vegetables imported into Britain face another delay, marking the third postponement.Originally slated for implementation by early 2024, these checks will…
Author: Sam Allcock
THG is moving forward with plans to spin off its technology arm, Ingenuity, aimed at enhancing shareholder value.The demerger is under review, with no final timeline…
Kingfisher, the owner of B&Q, recorded a slight profit increase despite declining sales, primarily due to weak demand for big-ticket items.B&Q experienced a significant 11.6% drop…
AllSaints, a global fashion brand, has announced a record financial performance.The company’s gross profit margin rose to 63% for the fiscal year ending February 2024.Total group…
Oxford Street, a cornerstone of Britain’s retail sector, might soon see significant changes as plans to pedestrianize part of it are underway.London Mayor Sadiq Khan has…
The Learning Technologies Group (LTG) has revised its financial forecasts due to the challenges imposed by high inflation and AI advancements.The company reported a revenue decrease…
In a strategic move, Asos has expanded its collaboration with H&M Group by launching Arket’s autumn/winter collection on its platform.Asos strengthens its ties with H&M Group…
Tesco is poised to transform food waste into animal feed thanks to a new facility.The facility will process 1,000 tonnes of excess food weekly, focusing on…
Swiss food group Hero has acquired UK-based Deliciously Ella to enhance its plant-based food offerings.Hero aims to penetrate the UK snacking market through this acquisition, leveraging…
In the UK cloud market, tensions are escalating as Google and Amazon criticize Microsoft’s practices.Google accuses Microsoft of limiting customer choice and manipulating the market dynamics.Amazon…