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Jeff Bezos

Amazon founder Jeff Bezos to step down as CEO

Amazon has announced that Jeff Bezos is stepping down as CEO later this year, a role he has held since he founded the groundbreaking company more than 25 years ago.
Retail business rates high street

Shops and landlords pay almost £1bn in rates despite holiday

Embattled retail landlords and shops have handed over almost £1bn to English councils in business rates since the onset of the pandemic – despite the current rates holiday, according to new figures.

Famous fashion figures warn industry is under threat as a result...

Prominent models Dame Twiggy Lawson and Yasmin Le Bon along with designers Katharine Hamnett and Alice Temperley and leading photographer Nick Knight have joined more than 400 leaders from the fashion industry in signing an open letter to the Government amid fears for the future of the industry over the Brexit trade deal.
Scotland Edinburgh

Scottish retailers call for a national strategy to support the sector

Around 13,000 jobs and turnover worth £3.48bn were lost in the Scottish retail sector during the five years before the pandemic, retail industry experts have said.
JD Sports Footasylum

JD Sports “disappointed” at shareholder rebellion over executive pay deal

JD Sports has said it is “disappointed” after almost a third of shareholders rebelled against pay deals for bosses at the sportswear retailer.

PODCAST: Scamp & Dude Founder, Jo Tutchener-Sharp

Welcome to the latest episode of our Podcast series "In Conversation" where we bring you inspiring stories, retail insights and conversation from fashion's most influential business leaders. 
John Lewis

John Lewis staff to learn fate as retail giant presses on...

Staff at John Lewis Partnership’s head office are set to learn their fate as the retail group pushes ahead with plans to cut around 1,500 jobs in a bid to cut costs.
Payments

Contactless card payment limit could be increased to £100

The contactless card payment limit could be raised to £100 under measures to be considered by the City regulator.
Retail sales high street

Retail prices slide lower amid post-Christmas sales and store closures

Retail prices have plunged further this month as post-Christmas sales and shop closures caused retailers to discount stock heavily, according to new figures.
Retail footfall

Clothing and transport prices pushed up inflation in December

UK inflation picked up pace in December after hard-hit fashion retailers held off from further steep discounts and as transport costs edged up, according to official figures.
Hammerson Brent Cross

Hammerson reveals just 41% of rents collected

Commercial landlord Hammerson has revealed it collected just 41% of rent from its tenants as the COVID-19 lockdown restrictions took their toll on the...

PODCAST: Liberty Buying Director, Sarah Coonan

Sarah tells us how she uses consumer data matched with her creative flair to find unique brands to introduce to the customers at Liberty.
Dr Martens

Dr Martens aims for stock market listing next month

Dr Martens could be listed on the Stock Exchange in London by the start of next month and hopes to be included in a...
The Index

The Index September 2020 – Part 1 The Sectors, The Channels,...

This month's edition of The Index in partnership with Klarna, tracks fashion shoppers' behaviour in September 2020 as nervousness around a "second wave" of...
Business rates

UK heads towards double-dip recession as GDP falls 2.6% in November

The UK economy is on track to head back into recession as official figures showed that GDP fell 2.6% in November after the country...
Primark

Primark owner warns of potential £1.1bn in lost sales from lockdowns

Primark owner Associated British Foods has warned of a hit from lost retail sales of more than £1bn if coronavirus lockdowns force its stores...
ASOS

ASOS predicts £40m lockdown profit boost as sales jump

Online young fashion giant ASOS has said it expects the impact of the pandemic to provide a £40m profit boost which will help drive...
Business rates

Tory MP calls for business rates to be scrapped and replaced...

Business rates should be scrapped and replaced by an increase in VAT in order to save high street businesses, according to a Conservative MP. Kevin...
Edinburgh Woollen Mill

Edinburgh Woollen Mill sold in rescue deal protecting 1,453 jobs

Philip Day, the owner of Edinburgh Woollen Mill, has secured a deal to rescue the brand and its sister business Ponden Homes from disappearing...

Edinburgh Woollen Mill close to potential rescue deal

The owner of Edinburgh Woollen Mill is close to securing a deal which may rescue the brand after it crashed into administration last year. Philip...