LVMH and Google Cloud create strategic partnership for AI and cloud-based innovation
LVMH and Google Cloud have announced a strategic partnership to accelerate innovation and develop new cloud-based artificial intelligence (AI) solutions. Both companies will join...
DFS buoyed by pent-up sofa demand after showrooms reopen
DFS has revealed that sofa orders surged after it saw pent-up demand released following the reopening of its showrooms in April.
Shares in the furniture...
Card Factory slides to £16m loss following Covid store closures
Card Factory has swung to a loss for the past year after store closures slashed its sales by more than a third.
Shares in the...
This year unlikely to be as good as bumper pandemic performance, B&M warns
B&M has warned investors to expect a drop in revenue in its current financial year as the company comes off an excellent performance during...
Etsy to buy popular used clothing app Depop
Etsy has said it will buy Depop, an app that is popular among young people looking to buy and sell used clothing and vintage...
B&Q owner Kingfisher ties loans to climate plans
The owner of B&Q and Screwfix has signed an agreement that will let it borrow more than half a billion pounds with lower interest...
Wickes set to post strong profits after surge in DIY sales
Wickes bosses have said the DIY chain is set to post annual profits towards the top of its targets after sales soared in recent...
B&M set to post at least £590m in earnings amid pandemic gains
B&M is expected to unveil bumper earnings for the past year as its value proposition continued to attract customers during the pandemic.
The discount retail...
Dreams sold to Tempur for £340m
The UK’s biggest beds seller Dreams has been bought by mattress maker Tempur Sealy in a deal for £340 million.
The takeover ends eight years...
M&S to close more stores after plunging to £201m loss
Marks & Spencer is set to close more stores after plunging to a hefty loss for the past year after being hit hard by...
