Boohoo Group announces CEO John Lyttle’s departure as it secures key financial backing.Lyttle ends a five-year tenure amidst a £222 million refinancing deal for Boohoo Group’s…
Author: Scott Dylan
Mothercare has turned a financial corner, reporting profits for the fiscal year ending 30 March 2024.The company’s adjusted EBITDA saw a 3% increase, reaching £6.9m.Total franchise…
Retailers in the UK are grappling with a significant increase in fraud-related losses, amounting to £11 billion in 2023.The evolution of cyber crime poses substantial threats…
The Department Leeds Dock has rapidly expanded its workspace, introducing a new cinema venue in under a year since its launch.Originally a casino, the building has…
Northumberland Estates has shown remarkable financial resilience, reporting profits exceeding £10m amid challenging market conditions.The company’s revenue increased marginally from £18.1m to £18.4m, driven by substantial…
Tesco is revamping its supplier relations through a new payment system prioritizing trust.The Good Faith Receiving system streamlines payments and reduces delivery disputes.Timely payments are achieved…
Lowry rebrands ahead of its 25th anniversary to serve as a catalyst for change in the arts and culture sector.Manchester’s Edit agency leads the rebranding effort,…
Elon Musk’s management of X sparks significant controversy, drawing sharp criticism from a top EU official.Věra Jourová, EU’s Vice President, accuses Musk of being a ‘promoter…
In a significant move, Tesco and Shell are set to leverage the output from the UK’s largest solar farm, initially planned to power 100,000 homes, for…
John Lewis executive, Peter Ruis, sets an ambitious goal to double the company’s fashion revenue, leveraging market changes.With only two department stores left on Oxford Street,…