TheIndustry.fashion Team

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Tesco

Tesco quietly building support for online sales tax

Tesco has been quietly building up support for its plans to overhaul business rates, with finance chief Alan Stewart writing a series of

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Boohoo Karen Millen

Boohoo seals deal to buy Karen Millen and Coast brands

Online fashion giant Boohoo has bought the online businesses of Karen Millen and Coast in an £18.2m deal, which is likely to see the

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Hammerson

Hammerson swings to loss amid retail challenges

Hammerson, the retail property giant and Birmingham Bullring [pictured] owner, has unveiled stinging losses as its portfolio of shopping centres slumped in value

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Arcadia Topshop

Sir Philip Green’s Arcadia faces legal battle over restructuring

Sir Philip Green’s Arcadia group is facing a court battle over its plans to reduce rents through its series of CVAs. Landlords and

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Ralph & Russo

British couture house Ralph & Russo secures £40m investment

The fashion brand behind the Duchess of Sussex’s engagement dress has raised more than £40 million in a fundraising round which will see

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BRC Shopping

High street sales “suffered worst June on record”

High street sales in June fell by the biggest margin on record for the summer month, with shoppers sitting on their hands over

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Debenhams Sports Direct

Debenhams calls for Mike Ashley to halt CVA challenge as M&G...

Debenhams has called for Mike Ashley to drop a challenge to its store closures and rent reductions, after property firm M&G withdrew from

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Matalan

Matalan forced to discount amid disappointing summer weather

Value high street brand Matalan saw sales increase in the first quarter, but said it had been forced to discount stock earlier than

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Superdry SuperGroup

Superdry appoints former New Look and M&S finance chiefs

Superdry has snagged former finance bosses of Marks & Spencer and New Look to join its top team as part of a revamp.

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Primark

Primark sales growth offsets slump in sugar profits at ABF

Primark owner Associated British Foods (ABF) has reported a jump in revenue for the financial year so far, on the back of a

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JD Sports

JD Sports bucks high street decline with “encouraging” sales

JD Sports has said it is on track to at least match its profit expectations for the year, on the back of a

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Retail shopping

Shop prices are down as British Retail Consortium urges next PM...

Shop prices have fallen for the first time in eight months after high street retailers resorted to heavy discounts to lure in cash-strapped

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