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Quiz shares plunge as losses more than treble amid pandemic

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Fashion chain Quiz has seen shares plummet as it revealed annual losses more than trebled after lockdowns forced store closures and hammered demand for...

Morrisons takeover battle goes to auction showdown

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The battle to buy supermarket Morrisons will go to an auction process, the stock market’s Takeover Panel has confirmed. Private equity giants Fortress and Clayton,...

Next warns over price hikes and Christmas staff shortages

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Fashion giant Next has hiked its full-year outlook once more after surging sales but warned over rising prices and staff shortages in the run-up...

Next to post sales jump as investors seek update on trading momentum

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Next is set to unveil a jump in sales for the past half-year but shareholders will also be waiting to find out if poor...

Card payments accounted for more than £4 in every £5 spent in 2020, says...

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Card payments accounted for more than £4 in every £5 spent in 2020, British Retail Consortium (BRC) figures show. Debit and credit card transactions accounted...

Next agrees franchise deal with Gap

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Next has agreed a deal to run Gap’s business in the UK and Ireland as a franchise partner. However, the move will not spark a...

Kingfisher hikes outlook after profits jump on DIY boom

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B&Q owner Kingfisher has upped its full-year sales and earnings outlook after first-half profits jumped amid a pandemic-driven DIY boom. The group posted a 70.6%...

Asos pledges to cut total emissions in new net zero plan

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The boss of Asos has said that his company will produce fewer tonnes of greenhouse gases nine years from now than it does today,...

Wickes beats profit targets as DIY demand stays strong

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Wickes said first-half profits surpassed its targets on the back of strong digital volumes, as the company announced its first dividend payment. Shares in the...

Moonpig announces ‘shop in a shop’ partnership with Virgin Wines

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Moonpig, the online greeting card and gifting platform has announced the launch of its biggest ever wine collection in partnership with Virgin Wines, as...

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