U.K. retail
John Lewis Posts Wider Loss, Warns of Job Cuts
Chairman Sharon White said staff won't get a bonus this year.
British Retail Jobs Plunged to Lowest Average in ‘Over a Decade’
Retailers in the United Kingdom seem to be having a tough go of it early in the new year.
Hunter Boot Isn’t the Only Brand Authentic Wants to Get its Hands on
The Reebok and Juicy owner is looking at different ways to grow its portfolio.
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Frasers Backs Off From Hip-Hop Hat Brand
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Asos Clearing Out Overstock as Customers Whine About New Switch
Plus a JD hack affected roughly 10 million customers, the company reported.
Primark: Cautious on 2023 Despite ‘Strong Christmas Period’
Despite strong holiday sales, Primark parent Associated British Foods said that headwinds remain and could…
Here’s How Holiday Revenue Shaped Up for Burberry, Boohoo and Matalan
Revenue reports from Burberry, Boohoo and Matalan paint a picture of how the holiday period shaped up for big…
Lenders Gain Control of Homewares, Fashion Chain Matalan
When lenders take over Matalan, founder John Hargreaves loses equity in the retailer and 68 million pounds in…
‘Expect High Street Casualties’ in UK Retail
Flagging footfall and fading holiday sales didn't stop a luxury reseller from nabbing a rival while Frasers…
Atterley Collapses as Wilko Hires New CEO
Atterley's fall into administration and Wilko's financial struggles highlight the perils currently facing…
Child Rape, 99-Hour Workweeks Alleged in Tesco Factory Firestorm
Former workers at a Thai garment factory are accusing Tesco and auditing firm Intertek of "negligence" over…
Strikes Railroad Retail Footfall
Also across the pond, Skechers opened an Irish flagship store and Matalan has attracted four bidders.
Restructuring Hire Under Discussion at Asos: Report
Despite the British e-tailer's ongoing financial woes, Asos has partnered with Hived for sustainable same-day…
Financial Misfortunes Infecting International Retail
Celio acquired Camaïeu's trademarks, while M&Co could be put up for sale. And online luxury furniture…
Tom Joule and Next to Acquire Bankrupt Joules
The duo linked up in a $27.7M deal for the bankrupt retailer that will save 1,450 jobs.