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 revenue dived more than 44% to £352 million in the year to the end of January as the business was one of many unable to open its doors in the UK and elsewhere for large...
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 iconic Oxford Street flagship, the Exchange Square outlet in Manchester and Brown Thomas in Dublin. It is understood bids in excess of £4 billion are likely to be sought for the overall business, with its...
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 retailer soared on Thursday morning after it hailed a 92.1% jump in orders for the 10 weeks to date, compared with the same period in 2019.
It said the strong reopening period came after a third...
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 retailer dipped on Thursday after it reported a £16.4 million pre-tax loss for the year to January 31, compared with a £65.2 million profit for the previous year.
The group said its stores were closed for...
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 heavy loss.
The group – whose food and drink sites are based at airports and railway stations – saw pre-tax losses for the six months to March 31 hit £299.7 million, up from £34.3 million a...
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 retail group Inditex, which also owns the Bershka and Pull & Bear brands, said sales between May 1 and June 6 were more than double the same period last year and 5% ahead of the...
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 the brand to growth.
The US-based retailer said it is proposing to close the shops when their leases end in July but did not clarify how many jobs would be impacted by the move.
Gap has also...
Leyland SDM, the decorating and DIY specialist, has digitised in-store processes and colleague communication in partnership with YOOBIC, the digital workplace solution for frontline teams, to support its rapid growth serving the professional trade, home renovators and DIY enthusiasts across London.
Leyland SDM has grown to become one of the most recognisable and trusted decorating and DIY brands in the...
Prime Day has become an increasingly important retail event in the UK, as much for consumers as it is for Amazon’s publicity and profits.
Last year, the delayed Prime Day in October resulted in record breaking sales and marked the unofficial start to the Christmas shopping period, but it recent years Amazon is not the only one that has reaped...
Swiftcomplete, the address verification and places search specialist, today announces its partnership with precision addressing system what3words. Swiftcomplete’s address verification is the first to offer what3words as a standard, built-in feature, meaning that what3words can be switched on anytime a Swiftcomplete address finder is added to an e-commerce checkout page.
Swiftcomplete is integrated into ecommerce checkout pages where what3words can...