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U.K. retail

Ted Baker to Shutter Stores and Slash Staff Amid UK Administration

Administrators Teneo made the decision to shut loss-making stores and lay off staff after Ted Baker's U.K…

Boohoo Seeks Buyer for Leicester ‘Center of Excellence’

The e-tail giant confirmed that its Thurmaston Lane plant has shut its doors for good.

UK Roundup: Numbers From Next, John Lewis

Next and John Lewis eye retail's future as UK inflation cools, but March saw Ted Baker, Matches & others fall…

Who is Shein’s Human Owner? Questions Threaten IPO Ambitions

The e-tail juggernaut breached U.K. law by failing to disclose its ultimate beneficial owner, but that could…

Boohoo Source: Liquidity Not an Issue

A Boohoo source said the firm has 290 million pounds ($366.2 million) of liquidity and can operate with a…

Boohoo to Shut Down UK Distribution Center

The news follows a potential decision to eliminate its "model factory" in Leicester.

Can Leicester Beat Fast Fashion—Boohoo Included—and Save Made in the U.K.?

The e-tail giant is contemplating shutting down its job-generating "model factory," but this might be the…

U.K. Retail Recovers on Boxing Day With Boost From Central London

Bond Street experienced the highest footfall growth on Boxing Day with a 20 percent year-over-year increase.

Report: Frasers in Advanced Talks for Matches

Mike Ashley's Frasers Group has the inside track in talks for Matches in a deal valued at 50 million to 75…

Is the UK Due for Mandatory Corporate Due Diligence?

Baroness Young of Hornsey introduced a bill that would hold British businesses accountable for abuses in…

Fashion Sales Strong at Primark, Marks & Spencer

Limited price increases helped Primark while better merchandising boosted M&S sales, with both retailers…

Frasers Is Now Boohoo’s Biggest Shareholder

Not even Boohoo founder Mahmud Abdulla Kamani owns as many shares as Frasers. Meanwhile, Primark presses…

Boohoo, Asos Show Fast Fashion’s Still Trying to Right the Ship

Boohoo and Asos struggle to find sales even as U.K. rivals report revenue gains and national retail sales…

JD Sports Reports 12% Sales Increase Amid ‘Strong Trading’ at DTLR, Shoe Palace

The retail conglomerate is on a store-opening spree through January.

H&M Cosigns Retail’s Latest Trend

The Swedish fashion retailer joins peers such as Zara and Uniqlo in drawing a line in the sand.