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Tesco launches £5m grant scheme to support schools with funding

  Tesco is introducing a £5 million grant programme to give children across the UK a stronger start in life. The scheme was launched last week by Diversity star Jordan Banjo at the supermarket’s headquarters. Through a partnership with UK community charity Groundwork UK, the grants will help schools and children’s groups to...

About 11 months ago

Burberry opens refurbished flagship store on New Bond Street

Burberry has reopened its flagship store on London’s New Bond Street following a major refurbishment. Marking an evolution of the luxury brand’s store concept, the shop at 21-23 New Bond Street aims to offer an immersive shopping experience. The minimalist interior features an eclectic mix of contemporary furniture to create a stripped-back...

About 11 months ago

John Lewis Partnership pushes ahead with plans to build and operate rental homes

The John Lewis Partnership is pressing ahead with plans to build and operate rental homes in areas where it has a local presence through Waitrose shops. The news follows the partnership’s announcement late last year that it was embarking on a multi-decade £500 million joint venture with investment company ABRDN. The partnership...

About 11 months ago

H&M shares jump 17% as summer collection boosts profit

Fashion retailer H&M’s shares rose 17% following the release of their second-quarter profit, which exceeded expectations. The company attributed the increase to cost-cutting measures and favorable weather conditions that benefited its summer collection. The stock reached its highest level since January 2022. H&M reported a 9% increase in net sales in the first...

About 11 months ago

Ted Baker cuts 200 head office roles

Ted Baker has cut around 200 head office roles as part of a restructuring exercise. According to Drapers, the jobs were made redundant earlier this month across the fashion retailer’s sourcing, finance, production and footwear departments. Ted Baker was acquired by Authentic Brands Group in a £211 million deal in the autumn of last...

About 11 months ago

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