Jonathan Akeroyd

Burberry hires Versace boss as its new chief executive

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Luxury fashion group Burberry has named Gianni Versace boss Jonathan Akeroyd as its new chief executive. Mr Akeroyd, 54, will take up the post on...

Bullring owner says no more rent holidays as shoppers return

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Commercial property owner Hammerson has revealed the number of shoppers heading to its sites has improved to between 15% and 20% below pre-Covid levels. But...

Asda cancels £750 million plans to sell forecourt business

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The billionaire brothers who took over Asda earlier this year have abandoned a £750 million plan to fold the company’s petrol forecourts into their...

Does your bank allow you to set your own contactless card spending limit?

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The contactless card transaction limit has been raised to £100 – but some people will be able to set their own limits. However, this will...

Boots sales rebound after lockdown restrictions eased

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Boots has hailed a “transformational year” as the pharmacy highlighted a sales rebound after the further relaxation in lockdown measures. Owner Walgreens Boots Alliance (WBA)...

Eskmuir sells Wimbledon Sainsbury’s asset for over £30m

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Eskmuir Properties has confirmed that it has completed the sale of 8-12 Worple Road in Wimbledon to Aberdeen Standard Investments for more than £30m. The...

Cake Box sales jump as retailer opens 20 new stores

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Cake Box has revealed that its sales have almost doubled for the past six months amid a strong recovery in customer demand. The high street...

Morrisons takeover auction battle ends with £7bn bid from private equity giant

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The battle to buy supermarket Morrisons has ended with private equity giant Clayton, Dubilier & Rice (CD&R) outbidding Fortress in a dramatic auction process. The...

Virgin Money to close 31 branches

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Virgin Money has announced plans to close 31 stores with the loss of around 112 jobs. Bosses said the move comes as more customers switched...

H&M profits jump amid store footfall recovery

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H&M has almost tripled its profit for the past quarter on the back of a “strong recovery” in sales as restrictions eased across the...