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...
Boohoo signs up to tougher ethical standards regime
Online fashion giant boohoo has agreed to sign up to a forensic supply chain initiative as part of the company’s attempts to improve its...
Halfords set to see profits almost double as public transport ditched for bikes
Halfords’ profits are set to almost double for the past year after people shunned public transport in favour of bikes and cars during the...
Lockdown switch away from suits hurts sales at Ted Baker
The lockdown preference for comfortable clothes rather than suits and shirts hurt Ted Baker as the company saw its revenue collapse.
The clothes retailer said...
Selfridges put up for sale with £4bn price tag
The Weston family has reportedly lined up Credit Suisse to explore a sale, prompted by an approach for the business.
The sale would include the...
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...
Upper Crust owner extends losses as pandemic restrictions bite
Upper Crust owner SSP has warned it does not expect to recover to pre-pandemic levels for another three years as it sunk to a...
Sales at Zara owner jump beyond pre-pandemic levels after online shopping surge
The owner of fashion brand Zara has said its latest sales are ahead of pre-pandemic levels after benefiting from a surge in online shopping.
Spanish...
Retailer Gap set to axe 19 UK and Ireland stores
Gap has said it plans to close 19 stores in the UK and Ireland next month as part of a shake-up aimed to return...