Administrators complete sale of Bonmarche
The Joint Administrators of BM Retail Limited (t/a Bonmarche) have completed the sale of the businesses to Purepay Retail Limited, which is backed by...
Boohoo sales soar during Covid
Online fashion retailer Boohoo today reported surging sales during the recent Covid-19 pandemic. Sales which had been expected to increase by 29% actually came...
Low ABV alcohol startup CleanCo has spirits lifted with £7M cash injection
British premium low-alcohol spirits startup, CleanCo, has secured £7 million in funding as investors and consumers reveal an insatiable thirst for hangover-free drinking. The...
Discounted deals increase by 16% across the retail sector in 2020, as lockdown pushes...
Figures from deal sharing website, hotukdeals, have revealed that discounts, offers and sales rose by 16% in 2020, as lockdown restrictions pushed retailers to...
Boohoo buys Debenhams brand for £55m but all physical locations to close
Fashion retailer Boohoo Group has paid £55m to acquire the brand of Debenhams - the deal includes the brand name, in-house brands, intellectual property...
Asos moves for TopShop, Topman and Miss Selfridge
Online fashion retailer Asos is in 'exclusive' talks to buy a number of the UK’s best-known high street brands including Topshop, Topman and Miss...
Klarna launches new campaign to celebrate consumers, support regulation and challenge the status quo
Klarna UK has launched a campaign, championing consumers who are managing their spending responsibly, supporting regulation and challenging common stereotypes.
With a series of eye-catching...
Majority of Paperchase High Street stores could be saved
High street stationery chain Paperchase could be salvaged this week in a pre-pack rescue deal led by private equity giant Permira.
According to Sky News...
UK contactless limit could be raised to £100
The upper limit on contactless payments could be increased to £100. You can currently touch and pay with Contactless for amounts up to £45 without...
Asos buys Topshop, Topman, Miss Selfridge and HIIT brands
ASOS has announced it is paying a total of £330m for the Topshop, Topman, Miss Selfridge and HIIT brands, plus stock following the collapse...
