JD Sports ups profit outlook but remains cautious amid rise in Covid cases
Retailer JD Sports has increased its profit outlook after solid trading since shops reopened, but warned over the impact of the current resurgence in...
High street retail giant Gap to close all UK and Ireland stores
High street retail giant Gap has announced it will be closing all stores in the UK and Ireland by the end of 2021.
The company...
Dixons Carphone set to net £151m profit as online growth plan pays off
Dixons Carphone is expected to reveal £151 million in profits for the past year after it saw its online-focused strategy shift accelerated by the...
Burberry boss quits £2.3m-a-year job to return to Italy
Marco Gobbetti has quit as chief executive of luxury fashion brand Burberry after nearly five years in the job.
The boss, who replaced Christopher Bailey...
JD Sports to buy majority stake in Spain’s Deporvillage in £120 million deal
JD Sports is set to buy a majority stake in Spanish retailer Deporvillage in a deal worth about £120 million (140.4 million euros).
Shares in...
Full list of branch closures announced by Lloyds
Lloyds Banking Group has faced anger after announcing the closure of 44 branches across England and Wales.
Unite said the decision was a “bitter blow”...
Morrisons takeover approach: Who wants to buy the supermarket and why?
Morrisons has snubbed a £5.5 billion takeover approach from a US private equity firm amid speculation that more UK supermarkets could be snapped up.
Shares...
Hotel Chocolat buys beauty company for £4
Hotel Chocolat has bought a beauty product business for less than the price of a box of chocolates.
The confectioner said it paid £4 for...
Dr Martens marches on with strong sales but listing dents profits
Footwear business Dr Martens has enjoyed soaring sales despite the global pandemic leaving many of its customers stuck indoors, the company has revealed.
Sales in...
Starbucks UK extends losses as pandemic takes its toll
Starbucks slumped to a £41 million loss in the UK in the past year as the Covid-19 pandemic took its toll on the coffee...