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The latest news from the retail industry

£7bn spent by UK consumers with local independent businesses in 2020

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UK consumers spent over an estimated £7.2bn supporting local independent business in 2020, new data from Tyl by NatWest reveals. The survey, which explored consumers’ pandemic purchasing...

TAG Heuer and Porsche join forces to unveil an extensive partnership

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The Swiss luxury watchmaker TAG Heuer and the German sports car manufacturer Porsche have announced their new partnership: an authentic alliance between two brands...

Boohoo buys Dorothy Perkins, Wallis and Burton

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Online fashion retailer Boohoo has bought Dorothy Perkins, Wallis and Burtons for £25.2million. Around 260 jobs, mainly head office roles, will be saved as...

New Pay As You Grow facility will enable more flexible repayments on Bounce Back...

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The British Business Bank, the UK’s economic development bank, today announces further details of Pay As You Grow, which helps UK smaller businesses that...

Dixons Carphone to tackle digital poverty and pledges £1million to support digital learning

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Dixons Carphone is to give £1million to support disadvantaged pupils, parents and teachers as part of a longer-term commitment to help end digital poverty...

Card Factory launches new customer App

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Greeting cards retailer Card Factory has launched a new app to allow customers to easily access their extensive online product range including thousands of...

Hollister partners with The Mix to celebrate World Teen Mental Wellness Day 2021

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Hollister Co., the global teen retailer, today announced its partnership with The Mix, a UK charity dedicated to providing essential support to under 25s, in aid...

Independent clothing brand aims to launch 100% biodegradable collection using sustainable seaweed fibre

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In a bold move intended to help in the fight against climate change, one independent retailer is seeking funding to help become the first...

Asos buys Topshop, Topman, Miss Selfridge and HIIT brands

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ASOS has announced it is paying a total of £330m for the Topshop, Topman, Miss Selfridge and HIIT brands, plus stock following the collapse...

Majority of Paperchase High Street stores could be saved

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High street stationery chain Paperchase could be salvaged this week in a pre-pack rescue deal led by private equity giant Permira. According to Sky News...