Frasers Group is reportedly on the brink of acquiring Harvey Nichols through a pre-pack administration deal, bringing an end to the auction process for the iconic luxury retailer, according to Sky News. Sources indicate that […]
John Lewis has announced a leadership transition as Managing Director Peter Ruis steps down to pursue new projects, handing the reins to current Non-Executive Board member Will Kernan in an orderly succession plan. Ruis will […]
John Lewis Partnership chairman Jason Tarry has warned staff that worsening trading conditions are placing pressure on profits. Tarry told the employee-owned group’s internal magazine that it was preparing for a period of “lower sales […]
Next has opened its largest UK store at the Bluewater shopping centre in Kent, tripling its footprint at the shopping centre to 132,000 sq ft in a relaunch designed by London-based studio Dalziel & Pow. […]
Frasers Group is reportedly seeking to install its chief executive, Michael Murray, at the helm of Hugo Boss in a bid to tighten its grip on the business. The Sports Direct owner is strongly considering […]
Online Home Shop (OHS) has posted gross sales of £100m for 2026, marking a second record-breaking year for the family-owned online homeware retailer. Sales jumped by 68% year-on-year in the 12 months to 31 January […]
Asda has updated its performance for the year to 31 Dec 2024 announcing total revenue down by 0.8% to £21.7bn in FY24, while like-for-like sales (excluding fuel) were lower by 3.4%. Asda grew adjusted EBITDA after […]
The John Lewis Partnership, home to Waitrose and John Lewis, reported a significant improvement in financial performance for the full year 2024/25 as profit before tax and exceptional items tripled from £42m to £126m. Profit […]
Marks & Spencer (M&S) is bolstering its “Brands at M&S” online platform with the addition of contemporary fashion and lifestyle brands, Hush and Whistles, this season. This move reinforces M&S’s commitment to growth in womenswear […]
The John Lewis Partnership has announced a £114m investment in pay for 65,000 Partners across the business this year. More than three-quarters (77% equal to £88m) of the pay investment is voluntary and is beyond […]
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