THG successfully raises £95.4m for the strategic spin-off of its Ingenuity division, surpassing the target of £75m through robust investor support.New and existing investors showed strong…
Browsing: Retail
THG successfully raises £95.4m, exceeding its initial target, to demerge its Ingenuity division.The funding was achieved through a share placing and subscription offer, overshooting the £75m…
In 2023, Mondelēz UK’s profits declined significantly, even as sales increased.The confectionery giant, responsible for brands like Cadbury and Oreo, saw pre-tax profits decrease by 33%…
Mondelēz International, owner of Cadbury, faced a significant decline in its UK profits in 2023, despite an increase in sales.Pre-tax profits for Mondelēz UK dropped by…
A fresh wave of winter signals a busy peak season for fashion retailers, initiating strategic preparations for the ‘golden quarter’.Asos has restructured with a 75% sale…
This week’s insights into the fashion retail industry reveal key trends and market shifts, summarized through compelling data points.Fashion retail experienced significant movement this week, with…
Ikea UK has experienced a sales decline attributed to strategic price cuts, marking a notable shift in its financial trajectory.Sales fell by 6.8% to £2.3 billion…
The Storyhouse in Chester is poised for a significant lease extension.Cheshire West and Chester council leaders plan to extend Storyhouse’s lease until 2047 to secure its…
Fenwick has opened its largest beauty hall in Newcastle, setting a new benchmark outside of London.The expansive 26,000 sq ft space features two enlarged atriums and…
Fenwick has reopened its transformed beauty hall at its Newcastle location, marking a significant enhancement in its customer experience offerings.The beauty hall now extends over 26,000…