Currys plc Announces Pay Increase and Enhanced Benefits for Colleagues
Currys plc has unveiled a new enhancement to its colleague remuneration structure. The update includes an increase in the hourly rate for all hourly-paid...
Kester Capital Sells UK’s Second Largest Pet Retailer, Jollyes, to TDR Capital
Kester Capital, a UK lower mid-market private equity firm, today announced an agreement to sell its portfolio business, Jollyes Retail Group Limited ("Jollyes"), to...
Uk and European Exports to China via Alibaba’s Platforms Grow by a Third to...
A report commissioned by Alibaba Group reveals that UK exports via Alibaba Group’s platforms increased by more than half (57%) in 2022.
Across 27 European...
UK Retail Sector Witnesses a Robust Rebound in January 2024
In January 2024, the UK retail sector witnessed a notable recovery, as sales volumes increased by 3.4% following a historic decline of 3.3% in...
B&Q Raises Minimum Hourly Wage to Surpass National Living Wage
B&Q has announced an increase in its minimum hourly wage in the UK to £12.21, and in London, to up to £13.55. This 8%...
Kurt Geiger Sets New Profit Record and Launches Charitable Foundation
Kurt Geiger has announced that December marked the most profitable month in the company's history, with global Christmas trading reaching new heights. The brand's...
Angel Central Ends 2023 with Notable Sales and Footfall Growth
Angel Central, located in the heart of Islington, has reported significant commercial achievements. The retail destination saw its sales figures soar by 16% from...
Jollyes to Surpass 100 Stores with New Openings in Belfast, Newport, and Rotherham
Jollyes, the pet retail chain crowned as the Pet Industry Federation's Retail Chain of the Year, is set to achieve a significant expansion milestone....
LVMH Surpasses Revenue and Profit Goals in 2023
LVMH Moët Hennessy Louis Vuitton, a global leader in luxury goods, achieved a notable revenue of €86.2 billion in 2023, marking a 13% organic...
UK Retail Sales Experience Steep Decline in December 2023
In December 2023, the UK retail sector faced a notable downturn, marking the most significant decrease in retail sales volumes since the COVID-19 pandemic...