The Barclay family withdrew over £100m from the Very Group amidst rising debt concerns.In 2022, £107.7m was extracted from the online retailer’s holding company.The withdrawal included…
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Lidl and Aldi have unveiled new store openings across the UK, fueling their expansion plans as the festive season approaches.Lidl has launched four new branches, reinforcing…
Watches of Switzerland experienced varied financial outcomes in its first half of FY25.Group revenue increased by 4% to £785m, driven by strong US market performance.Despite revenue…
Recent events have put Boohoo Group executives at the center of a police investigation, highlighting serious concerns.Authorities in Manchester and Kent are probing into alleged stalking…
Card Factory has entered the US market with a strategic acquisition, marking a significant milestone for the UK retailer.The company acquired Minnesota-based Garven Holdings for $25m…
Frasers Group revises its profit outlook for the year due to significant sales downturn, reflecting increased consumer caution.In the first half of the fiscal year, Frasers…
Asda has strategically borrowed £155m to manage pressing financial obligations, reducing immediate debts and enhancing stability.The loan serves as a top-up on an existing financial arrangement,…
Love Paper Week aims to correct sustainability misconceptions in the paper industry.The initiative is part of a global campaign to promote paper’s benefits.Despite digital advancements, paper…
Burberry has initiated legal action against B&M, alleging trademark infringement.This dispute centers around B&M’s “furberry” pet accessories line.Items in question feature a beige check pattern similar…
The UK government will ban junk food ads, including porridge and granola, to combat obesity.New regulations extend to various food products and will be effective from…