Airline Ryanair has warned that profits may miss forecasts for the year thanks to a dip in ticket prices and booking levels. Competition from carriers in UK, Scandinavia, Spain and the Irish Republic also contributed to the announcement that profits may miss or be at the lower end of its...
Home Retail Group’s chief executive Terry Duddy has announced that he is to step down from the company by July next year.The company said that it was appointing chairman John Coombe to conduct a search for an appropriate candidate both from within the company and external candidates.In a statement, Terry...
Department store Debenhams is to invest in innovative marketing for its autumn/winter campaign, including upping its print and television advertising and introducing augmented reality into its stores for the first time.The campaign will be spearheaded by a TV campaign featuring musician Foxes whose debut solo single 'Youth' has been selected...
In an unusual move, and a possible legal first for Canada, a Quebec hotel is suing a former guest for damages over a review he wrote on review site TripAdvisor.Laurent Azoulay complained that there were bedbugs in the room he was staying in at the Hotel Quebec. Another room wasn’t...
Spitalfields has launched its first major advertising campaign, fronted by local models, to promote the new Saturday Style Market that showcases the work of independent designers.Jason Dervin, Spitalfields Estate General Manager said: “Spitalfields is proud of its reputation for supporting new talent and fresh ideas. The quality, creativity and skill...
Vodafone has sold its 45% stake in US telecoms company Verizon Wireless in one of the biggest deals in corporate history as it prepares to launch a multi-million plan to accelerate the introduction of 4G and faster broadband.The overhaul, called Project Spring will also add to Vodafone's high street stores...
UK manufacturing has seen its strongest growth in two and a half years in August, according to a new survey.This marks the fifth consecutive month of expansion for the sector and the highest since February 2011.Meanwhile, the Markit/CIPS purchasing managers' index (PMI) also found that output and new orders rose...
Sainsbury’s has gone back to its roots today with the opening of its new West Croydon Local store. The new convenience store, which is on London Road, is on the same site as one of Britain’s earliest ever self-service supermarket.Sainsbury’s was founded in 1869 by John James Sainsbury with a...
Luxury goods group Hermes has outlined plans to raise its prices next year as prices of raw materials such as leather and silk edge higher.The retailer, which posted a 14% leap in net profit in the half year, also saw sales increase 11% on the previous year.In particular, the Chinese...
Barbers and bookies are filling gaps on high streets left by the closure of independent shops, according to a new report.Coffee shops and nailbars are also filling up the empty slots, with Independent clothing stores, shoe shops and newsagents shutting at a record rate with nearly 200 closing in the...
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