An investigation into tax evasion has led to raids at a major sports brand’s German headquarters, covering customs and sales tax concerns.The European Public Prosecutor’s Office…
Browsing: Retail
Amid cost of living pressures, UK shoppers are making strategic choices in the grocery market.36% of UK shoppers continue to reduce their grocery spending.48% are actively…
Shein’s much-anticipated IPO faces significant hurdles due to supply chain concerns, causing delays in approval processes.The UK Financial Conduct Authority is examining Shein’s supply chain oversight…
Post-Brexit border checks are causing significant delays in UK vegetable imports, posing a critical challenge for the 2025 harvest.British salad seed importers express concerns over stricter…
UK supermarkets are heavily investing in local convenience stores, setting a record £1bn in spending, up from £646m last year.Major chains like Morrisons, M&S, Waitrose, and…
The £4bn acquisition of Selfridges by Thailand’s Central Group is being reconsidered as potentially overpriced, due to rising global interest rates.Tos Chirathivat, Central Group’s CEO, admitted…
With the upcoming General Meeting on December 20, Boohoo is rallying shareholders to oppose Frasers Group’s proposed board appointments.Glass Lewis and ISS, two influential proxy advisory…
eBay UK recently launched a trade-in program providing cash for old devices, promoting tech recycling and sustainability.The initiative covers eight device categories like phones and tablets,…
Currys is experiencing strong growth, driven by AI and mobile sectors; however, it’s facing cost challenges from recent UK government policies.Currys saw a 6% sales increase…
Asda was the only leading UK supermarket to experience a sales drop ahead of the Christmas season. Insights from NIQ reveal a decrease in Asda’s market…