The UK economy has exceeded initial growth expectations for early 2024, signaling stronger recovery.Gross domestic product (GDP) for the UK increased by 0.7% between January and…
Browsing: Retail
Nike faced a challenging quarter as sales dwindled, leading to a revised fiscal outlook.Revenue for the entire year increased slightly, while quarterly earnings saw a dip.Intense…
Shoe Zone, a value footwear retailer, has recently faced a significant cyber attack.The company took immediate action to halt the unauthorized access to its systems.Specialist consultants…
Mackintosh, a renowned Scottish outerwear brand, is shutting down its Nelson, Lancashire factory, impacted by Brexit-related challenges.The closure is due to complex post-Brexit regulations, logistical issues,…
Lanvin has announced the appointment of Peter Copping, formerly from Balenciaga, as its new artistic director, effective September.Peter Copping, a Central Saint Martins graduate, began his…
Champion has made a significant move by launching a permanent concession at Selfridges London, offering an elevated product range exclusive to the store.The new concept store…
Lidl has taken the lead over its competitor Aldi, according to recent NIQ data.Lidl’s sales surged by 8% over a 12-week period, whereas Aldi saw a…
H&M Group, the Swedish clothing giant, has shared financial results indicating a positive trajectory with a 3% increase in net sales for Q2.Between March 1 and…
Womenswear retailer Quiz has secured a major financial renewal amidst turbulent times.Quiz has renewed its £4m bank facility until June 2025, reflecting adaptive financial strategies.Revenues have…
The luxury fashion retailer Matches is set to shut down its website and close its remaining stores in Marylebone and Wimbledon, following its recent administration. The…