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Laura Ashley profits wiped our despite positive momentum in fashion

Sales at Laura Ashley have dropped as the fashion and home brand grapples with tough high street conditions and plans an overhaul of

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Sainsbury’s-Asda tie-up could push up prices, warns watchdog

Sainsbury’s and Asda would probably need to sell off a significant number of stores and potentially one of the two brands to address

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Retail sales return to growth as shoppers took advantage of January...

Retail sales rose in January and beat market expectations as shoppers took advantage of discounts following a disappointing Christmas. Retail sales increased by

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Profits at Mike Ashley’s business empire tumble

Mike Ashley’s personal investment firm saw profits tumble in 2017 as his main assets Sports Direct and Newcastle United endured a difficult year.

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New Look swings to profit under radical overhaul

Fashion retailer New Look has said its turnaround is bearing fruit as it swung to a year-to-date profit and cheered a recent improvement

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Gucci growth fuels 23.3% revenue rise at Kering

Luxury group Kering has hailed a “remarkable” year after rapid growth on the back of demand for Gucci in Asia and North America.

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Debenhams

Debenhams confirms £40m cash injection in bid for survival

Debenhams has secured a lifeline from its lenders as the department store chain seeks a broader refinancing deal amid long-term pressures on the

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Nightmare after Christmas as 400 high street jobs a day axed

Britain’s beleaguered high streets have seen nearly 20,000 jobs lost or put in jeopardy since Christmas, as retailers struggle with mounting costs and

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Boohoo bucks high street woes as sales surge

Online fashion firm Boohoo has shown its high street rivals a clean pair of heels after revealing a 44% surge in sales and

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Shop Direct sales boosted by extended Black Friday deals

Sportswear and toys boosted Shop Direct’s sales after the retailer extended its offering for the much-hyped Black Friday discount event, but the company

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Matalan promotions helped draw in Christmas shoppers

Matalan has posted an increase in Christmas sales as it benefited from discounting and a surge in online spending. In the five weeks

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New Look pushes button on debt-for-equity swap as Christmas disappoints

New Look has warned over profits and announced plans for a debt-for-equity swap as part of a painful restructuring aimed at putting the

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