fbpx

Finance

JD.com files for second listing on Hong Kong stock exchange

China's second largest retailer, JD.com may launch the offering to raise at least $2 billion as soon as next week. Bloomberg News has reported, JD.com...
Gap

Gap reports huge first-quarter loss

Gap Inc, which operates a portfolio of lifestyle brands, including Old Navy, Gap, Athleta and Banana Republic, reported its financial results for...
Retail sales

Online retail sales more than double but fail to offset store...

UK retailers saw record online sales last month as trading more than doubled but it still failed to offset the impact of empty high...
Jacket Required

The Morris Fyfe Agency launches government petition for agents and distributors

Daniel Morris, co-founder of The Morris Fyfe Agency, has launched an online petition calling for business rates grants and holidays for retail companies to...
Tiffany LVMH

LVMH clarifies stance on Tiffany & Co deal

LVMH has clarified its position on its planned acquisition of Tiffany & Co following reports that the deal was in question. In a brief statement...
New Look

New Look begins negotiations with landlords

New Look has begun crunch talks with landlords as it prepares to open its stores after the COVID-19 lockdown. The young fashion retailer has appointed...
Empty Oxford Street Retail reopenings Clothing sales

Shop prices show biggest decline since 2006

Shop prices fell by 2.4% in May compared to a 1.7% decrease in April - below the 12 and six-month average price decreases of...
Charlotte Tilbury

Puig closing in on £1bn deal for Charlotte Tilbury

The Puig group is said to be close to securing a $1bn deal to acquire personality led beauty brand Charlotte Tilbury. A deal could be...

LVMH’s £13bn takeover of Tiffany & Co placed into doubt

French luxury conglomerate, LVMH's £13 billion acquisition of Tiffany & Co has been thrown into doubt as the jewellery retailer grapples with a major...
intu Lakeside

Intu expects rent collections to tumble by £181.6m

Shopping centre owner, Intu has said it expects the amount it collects from rents and service charges to nosedive by £181.6 million this year. The...
Ted Baker

Ted Baker founder no longer its largest shareholder

Ted Baker founder Ray Kelvin has slashed his stake in the premium fashion and lifestyle brand following a share placing to raise £95m in...
Monsoon Accessorize

Monsoon Accessorize requests rent waivers from landlords

Monsoon Accessorize is reported to have written to landlords to request waivers on rents or risk stores being closed altogether. The struggling high street chain...