Press Association
Consumer spending predicted to outperform economy
Consumers are set to continue spending despite economic uncertainty over Brexit but could begin to tighten the purse strings over the next two
Libra: Facebook to launch cryptocurrency and digital wallet in 2020
Facebook is to launch a cryptocurrency next year – backed by the likes of Mastercard, Visa and PayPal – which will allow people
Ex-BHS owner Dominic Chappell faces court over tax evasion charges
Former BHS owner Dominic Chappell is to appear in court on Tuesday accused of tax evasion and buying two yachts to launder money.
Sir Philip Green: Arcadia was not “close to collapse”
Sir Philip Green has rejected suggestions that his Arcadia retail empire came close to collapse before a restructuring plan was clinched with regulators
Zara owner rings up new sales record thanks to online push
The owner of fashion giant Zara, has notched up a 10% hike in first-quarter profits after record sales thanks to a further global
Ted Baker warns over profits amid “extremely difficult” trading
Ted Baker has warned over profits as sales slumped amid “extremely difficult” trading and woes with its spring and summer ranges. The fashion
Quiz profits plunge amid slump in consumer confidence
Fast fashion retailer Quiz has seen full-year profits almost entirely evaporate, plunging amid “challenging trading conditions”. The fast fashion business saw pre-tax profits
May footfall slumps to worst in six years as high street...
Footfall at the UK’s shopping hubs plummeted last month, making it the weakest May for six years as destinations struggled to attract visitors
New Look founder leaves retailer amid boardroom reshuffle
New Look’s founder Tom Singh has announced his retirement from the fashion retailer amid a major boardroom reshuffle. The chain has upended its
John Lewis names Sharon White, CEO of Ofcom, as its next...
The John Lewis Partnership has named Sharon White, chief executive of Ofcom, as its next chairwoman. She will succeed current chairman Sir Charlie Mayfield,
ONS: High street retail jobs fall in every region except London
The number of high street retail jobs fell in every region of England, Scotland and Wales except for London between 2012 and 2017,
Joules sales soar despite high street gloom
Joules has defied high street gloom once again to deliver a year of double-digit sales growth, the company said. The British clothing and