Nightmare after Christmas as 400 high street jobs a day axed
Britain’s beleaguered high streets have seen nearly 20,000 jobs lost or put in jeopardy since Christmas, as retailers struggle…
High street “to shed another 175,000 jobs in 2019”
Another 175,000 jobs are set to be lost from the high street this year, while the value of retail…
New Look Q1 sales and profits plunge in “difficult” market
Young fashion retailer New Look suffered a -4.4% drop in revenue in Q1 while underlying profits slumped more than…
Fashion sales slump -3.5% in July as shoppers shun Sales
Fashion had its worst July in eight years with sales slumping by -3.5% despite the onset of the Sale…
Next posts -1.2% drop in quarterly full price sales
High street giant Next has posted a –1.2% drop in full-price sales in Q2; a performance that was in…
Further sales drop expected from Next
High street giant Next is expected to announce a further drop in sales when it updates the market on…
Marks & Spencer slows rate of decline in clothing sales
Marks & Spencer has slowed the rate of decline in its clothing sales reporting a -0.5% drop year-on-year (-1.2%…
New Look sales and profit take hit in challenging market
Revenue at high street retailer New Look dropped by 2.5% to £1.45bn in the year ending 25 March 2017 as…
Profits drop 16% at Sir Philip Green’s fashion empire
Sir Philip Green’s fashion empire saw its profits drop by 16% to £211m in the year to August 2016, according to…
Next to open West Mids flagship store at intu Merry Hill
Next will open a new 75,680 sq ft flagship store for the West Midlands region at the intu Merry Hill…