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10 recent articles.

The industry leading careers event is back in one week

The Retail Appointment Live is back in one week’s time.  Held at The Pullman hotel in London’s King’s Cross, the influential Retail Appointment Live event is set to be the company’s biggest ever. It is a great opportunity to interact with over 20 of the biggest names in retail and hospitality. ...

4 days ago

Sainsbury’s-Asda merger could be put on hold due to investigation

The Competition and Markets Authority has referred the merger between Sainsbury’s and Asda for a further ‘in-depth investigation’. The CMA announced on Wednesday that the deal raises ‘sufficient concerns’ to face further investigation. The ‘phase 2 investigation’ will be a more in depth review, held by a hand-picked group from the authority’s...

4 days ago

Farfetch to take on Amazon in $5bn IPO

Farfetch will have completed its initial public offering on the New York stock exchange.  It could be valued up to $4.8 billion. The family holding that controls Kering group, Atermis, is planning to invest $50 million, according to documents filed by Farfetch to the US Securities and Exchange Commission earlier this...

4 days ago

Jaguar Land Rover has put staff on three day week

Jaguar is set to put one thousand staff members in the west midlands on three day weeks. Ralf Speth, CEO of Jaguar Land Rover, said that tens of thousands of jobs in the UK will be at risk if a no deal Brexit goes ahead. He said that he is unsure whether...

5 days ago

Coca Cola are looking at using cannabis compound in drinks

Coca Cola has confirmed interest in using a cannabis compound in some of its drinks.  Kent Landers, who is a company spokesman for Coca Cola, has said that no decision had been made to move in to the cannabis market, but admitted that it was keeping a close eye on how...

5 days ago

Ocado sales grow 11.5% due to boost in warehouse capacity

Ocado’s revenue in the 13 weeks leading up to the 2nd September has grown by 11.5% to £348.6 million. Average orders per week grew by 11.4% to 283,000 and the average order value rose from £106.25 to £106.26. Ocado have said that they benefited from the extra capacity provided by its newest...

5 days ago

H&M post boost in third quarter sales

H&M group have said that its third quarter sales have grown by 9% year-on-year to 64,800 Swedish kronor.  In a statement, H&M said: “The H&M group’s continuous transition, to face the major shift within the industry, has contributed to a gradually improved sales development and increased market share in many markets...

6 days ago

Coast owner ramps up plans to sell business

Sky news has reported that Aurora Fashions is speeding up plans to sell Coast due to the collapse of House of Fraser, where they hold a large number of concessions. Pricewaterhouse Coopers are to help Aurora with the sale. A spokesperson for Coast told Sky News: “We have been working with PwC...

6 days ago

Boohoo appoint John Lyttle as chief executive

John Lyttle will join Boohoo as their new chief executive in March next year.  He is currently the chief operating officer at Primark. During Lyttle’s tenure, the online fashion retailer’s turnover increased by 158% to over £7 billion. Before Primark, Lyttle held senior positions at Matalan and Arcadia. Joint chief executive Mahmud...

6 days ago

Morrisons launch new meat free vegan ready meal range

Morrisons is set to introduce its own vegan ready meals late next month. They have said that they will be stocking bean ‘non carne’, an alternative to chilli con carne, ‘veggies in blankets’ and vegan cheese, which will include a dairy free Red Leicester, all under their own specialist label. David Potts,...

About 1 week ago

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