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Finance

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Mike Ashley Sports Direct Frasers Group

Mike Ashley’s Frasers Group adds name to business rates letter

Mike Ashley’s Frasers Group has added its name to a list of 52 retailers calling on the Government to take urgent action on

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Forever 21

Forever 21 sold in a deal that ends the founders’ control

A US bankruptcy judge has said he would approve a deal for young fashion giant Forever 21 to be sold to two of

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Business rates

More than 50 retailers write to Chancellor demanding rates overhaul

More than 50 major retailers have written to the Government, calling on ministers to overhaul business rates at the Budget next month. In

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intu

Intu shares hit as Hong Kong investor pulls out of cash-call...

Shares in shopping centre owner intu have slumped after an investor pulled out of talks over an emergency cash call. Shares plunged by

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New Look

New Look narrows losses amid overhaul and management shake-up

New Look has narrowed losses thanks to efforts under a turnaround plan, but saw sales remain under pressure in tough high street conditions.

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Marks & Spencer

Marks & Spencer unveils new finance chief

A former Goldman Sachs banker and chief finance officer for one of the UK’s biggest sandwich-makers has joined Marks & Spencer as its

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JD Sports Footasylum

Footasylum takeover by JD Sports provisionally blocked by competition watchdog

JD Sports’ attempted takeover of Footasylum could result in customers being worse off, with younger shoppers and students particularly hard hit, according to

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John Lewis War Paint

John Lewis to roll out Dragons’ Den-backed men’s make-up brand

John Lewis has said it roll out a Dragons’ Den-backed make-up brand for men to customers across the country via its website after a trial

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intu

Intu confirms interest from Hong Kong investor

Shopping centre owner intu has revealed it is in talks with a major Hong Kong-based retail property investor. Intu, which is attempting to

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Selfridges

Selfridges managing director departs

Selfridges managing director Simon Forster has left the luxury department store a little more than a year after being promoted to the role.

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Burberry

Burberry closes one in three Chinese stores after coronavirus outbreak

Burberry has shut 24 of its 64 stores in mainland China as fears over a growing coronavirus outbreak continue to grip the country.

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Boxpark

Boxpark in talks to secure investment to drive rapid UK expansion

Boxpark has said it is in “advanced negotiations” with investment partners as it seeks a cash injection to drive the company’s ambitious expansion

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