Ikea prepares for the grand opening of its Oxford Street store by launching a pop-up celebrating the iconic Frakta bag.The ‘Hus of Frakta’ pop-up will open…
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The increase in employers’ National Insurance contributions is expected to lead to significant challenges in the retail sector.More than 70 major retailers, including Tesco and Sainsbury’s,…
Revolution Beauty has experienced a challenging first half, marked by a significant transformation strategy.The company reported a pre-tax loss of £10.9 million, contrasting last year’s modest…
Morrisons has successfully reduced its debt by nearly 40%, amounting to a reduction of £2.4bn, through a significant restructuring process.The supermarket chain achieved this by cutting…
The recent hike in National Insurance is raising alarms among UK retailers, who foresee inevitable job cuts.Chancellor Rachel Reeves has increased employers’ National Insurance by 1.2%…
Online shoppers face the hassle of missed deliveries, pushing them towards more reliable solutions.A significant 58% of B2C deliveries are now out-of-home (OOH) options such as…
The luxury brand Mulberry reports increased losses and plans a strategic overhaul under new CEO Andrea Baldo.Mulberry’s losses for the half-year widen to £15.7 million, reflecting…
Mulberry continues to face financial challenges, reporting a significant operating loss for the first half of 2024.The British luxury brand’s operating loss reached £13.1 million, a…
Frasers Group is anticipating a leadership change with Sir Jon Thompson poised to become chairman by 2025.Currently a non-executive director at Frasers, Thompson has a robust…
Cédric Charbit, after an eight-year leadership stint at Balenciaga, returns to Saint Laurent as CEO, marking a significant reshuffle within Kering’s luxury brands.Charbit previously held a…