Boohoo to create 5,000 jobs in expansion plans
Online retailer boohoo has announced plans to create 5,000 jobs by expanding its warehouse and building new IT systems over the next five years.
The...
Watches of Switzerland enjoys boost from households’ savings
Wealthy households unable to spend the cash they saved during the pandemic on expensive meals and overseas holidays have been snapping up posh watches...
Mike Ashley confirms plan to step down as boss of Sports Direct’s parent company
Frasers Group has confirmed that it is planning a leadership reshuffle that would see founder Mike Ashley step away from his role as the...
Sweaty Betty bought by US firm Wolverine in £300m deal
Sweaty Betty, the upmarket British sportswear brand, has been snapped up by a US-based company for around £300 million.
The brand, which is known for...
Mike Ashley ‘set to step down’ as boss of Sports Direct’s parent company
Sports Direct founder Mike Ashley is set to step down from leading his retail empire and hand the reins to his prospective son-in-law, according...
Joules swings to profit thanks to online sales boost
Fashion chain Joules has returned to annual profit as it rode out the lockdown disruption thanks to surging online sales.
The Leicestershire-based group – famous...
Sales rebound at New Look after restructuring
New Look has said that larger shopping sprees have offset lower footfall as the fashion retailer seeks to recover from a difficult year amid...
Mike Ashley’s Frasers Group set for ‘upbeat’ update after reopening stores
Sports Direct owner Frasers Group is expected to unveil an “upbeat” trading update amid hopes its sales will have rebounded strongly after the reopening...
Lingerie chain Victoria’s Secret UK goes into liquidation
Victoria’s Secret UK has moved out of administration and into liquidation. The UK arm of the lingerie retailer went into administration last year.
A spokesman...
Ted Baker quits Ugly Brown Building HQ for Gorgeous Brown Building
Fashion brand Ted Baker is moving to a new headquarters in central London.
The company confirmed it has signed a 10-year lease with Westminster City...