Topps Tiles has said that it is expecting sales to grow to around £215 million from £211.8 million last year. Like-for-like revenue was the same in the year to the 29th September, but there was a boost of 1.2% in the final 13 weeks of the period. Matthew Williams, Topps Tiles chief...
Pret A Manger has announced that they will label all ingredients on their freshly made products, including allergens. This comes after Theresa May called for a review of food labelling laws on Tuesday....
Amazon has raised its minimum wage for workers across the UK and US. Pay will rise in the UK from £8.20 an hour to £10.50 an hour in London, whilst other areas in the UK will pay £9.50 an hour. In the US, the lowest paid worker will earn $15 an...
John Lewis sales were up by 1.8% last week from the same period last year. Fashion sales were up by 5.6% as their own brand womenswear continued to impress at a growth of 9.6%. Electrical and home technology has also contributed to the growth, with a 4.1% increase. This is largely down...
Tesco have announced a growth in sales for the 11th consecutive quarter. Like for like sales in the UK were up 2.5% in the second quarter, meaning the total half year profits have risen by 2% to £564 million. The acquisition of Booker at the end of last year has also...
Selfridge’s revamp has helped the business increase sales by 11.5%, as operating profits grew to a record £181 million for its last financial year. They are now into the final year of their four year investment plan, which is worth £300 million. The plan is meant to be revamping its London...
Private equity firm Piper, has invested £11 million into online flower gifting brand, Bloom & Wild. Piper has said that the aim for the investment is to enable Bloom & Wild to expand as it continues its rise towards being the UK market leader in online flower gifting. It will also...
Sports direct has sacked all of the senior management of House of Fraser including directors after buying the department store out of administration. Sports Direct bought House of Fraser out of administration for £90 million in August. Mike Ashley has said that he aims to turn the department store into the ‘Harrods...
Marks & Spencer have launched a new fashion range for children with disabilities. The new range, named Adapted for Easy Dressing, was designed and developed in collaboration with customers, including parents from 3 different specialist schools. M&S has said that they have tried to keep the range as seamless as possible and...
Chanel has acquired luxury swimwear brand Orlebar Brown from its founder Adam Brown and the private equity firm, Piper. Initially founded in 2007 as an online retailer by Brown and former business partner Julia Simpson-Orlebar, the company has now grown to have 24 stores across 11 different countries. Piper first invested £8...
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