Mike Ashley launches £60m shares spending spree despite Covid woes
Mike Ashley’s Frasers Group has announced plans to spend £60 million between now and and July despite warning less than a month ago that...
Poundland owner Pepco picks Warsaw over London for stock market float
The owner of Poundland has announced plans to list its shares in Warsaw instead of London, in its multibillion-pound stock market float.
Pepco, which also...
Next boss sees pay balloon to £3.4m despite pandemic woes
The boss of Next has seen his annual pay soar to a five-year high of £3.4 million thanks to a bumper shares award as...
Primark to repay £121 million in furlough cash despite falling sales
Primark’s owner will repay £121 million in furlough money claimed under government job retention schemes and pay out a dividend to shareholders despite a...
Primark owner to unveil sales slump after months of closures
Primark owner Associated British Foods (ABF) is set to unveil a slump in sales and profits after the high street giant was hammered by...
Quiz expects a boost from post-pandemic celebrations
Dress-seller Quiz has said that it expects celebrations when pandemic restrictions are slowly eased will boost demand for its products.
The womenswear company said that...
Timberland launches first ‘Community Loyalty Program’ in the UK
Global lifestyle brand Timberland is launching its first-ever membership program, echoing its mission to create a movement of purpose for a greener planet. The...
Sports Direct owner warns over £200 million Covid-19 hit
Sports Direct owner Frasers Group has warned it could take a hit in excess of £200 million due to the Covid-19 restrictions – double...
Asos sales soar 24% to nearly £2bn during latest lockdowns
Online fashion giant Asos has revealed that sales soared during the latest Covid-19 lockdown as high street stores remained closed.
Revenues at the retailer jumped...
Around 2,000 Peacocks jobs saved in rescue deal
Collapsed fashion chain Peacocks has been saved by a senior executive with backing from an international consortium, it has been announced.
Chief operating officer Steve...