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Boohoo

Hedge fund criticises Boohoo’s management incentive scheme

Boohoo is facing criticism from activist shareholder Shadowfall over the £150m management incentive scheme revealed last week. The hedge fund and shareholder said it had...
New Look

New Look threatening landlords with potential pre-pack administration

New Look is reportedly threatening landlords with a potential pre-pack administration as it aims to move its store estate over to turnover-based rents. Multiple sources...
The Hut Group

The Hut Group eyeing a £5bn float

The Hut Group, parent of online beauty brands such as Lookfantastic, Illamasqua and Glossy Box as well as online fashion retailer Coggles, has reignited...
intu Lakeside

Intu confirms appointment of administrators

Shopping centre operator Intu has confirmed the appointment of administrators after failed crunch talks with its lenders. The owner of sites such as the Trafford...
Sports Direct

HMRC considering investigation into Frasers Group for abuse of furlough scheme

Tax officials are considering an investigation into billionaire Mike Ashley's Frasers Group, which may lead to the Treasury clawing back millions in furlough...
Nike Footwear Display

Nike reports 38% fall in sales in last quarter

Nike has reported that sales fell 38% in the latest quarter, as mass closures of physical stores amid the coronavirus pandemic overshadowed...

PrettyLittleThing partners with Laybuy

PrettyLittleThing has partnered with payments specialist Laybuy to offer customers the choice of spreading the cost of purchases over six weekly interest-free instalments from...
Boohoo

Boohoo unveils £150m management incentive plan

Online fashion group Boohoo has unveiled a £150m incentive plan for senior directors following its stated ambition to grow the group into a global...
Intu shopping centre

Intu preparing to appoint administrators

UK retail property giant Intu on Friday said talks with its lenders had failed to reach an agreement to save it from...
Oxford Street 2020

June quarterly retail rent collections plummet

Landlords have collected just 13.8% of rents due from retailers on the June quarterly rent day this week; this compares to 19.8% collected in...
N Brown Group

N Brown Group reports 29% FY profits fall

UK clothing and footwear retailer, N Brown group has reported a decline in revenue and pre-tax profit following a...
Clearpay

Clearpay reaches 1m UK shoppers

Clearpay, the buy now pay later interest-free platform, has revealed it has now topped 1m active shoppers in the UK in its first year...