All News articles – Page 185
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NewsM&S executive says Oxford Street decline is driving surge in crime
A Marks & Spencer executive claims a recent crime wave in the West End is a reminder of Oxford Street’s decline.
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NewsSuella Braverman calls for Oxford Street perpetrators to be ‘hunted down’
The Metropolitan Police made nine arrests yesterday as hundreds of teenagers gathered outside JD Sports as a robbery campaign went viral on Snapchat and TikTok.
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NewsWilko collapses into administration
Wilko has fallen into administration after failing to secure a rescue deal, but stores will remain open while a buyer is urgently pursued.
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NewsMarks & Spencer calls on government to end VAT on period pants
Marks & Spencer has urged the government to remove VAT applied to period pants and has launched a petition for a parliamentary debate on the issue.
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NewsMajestic Wine partners with Uber Eats
Majestic Wine has announced a partnership with Uber Eats as it accelerates its on-demand delivery ambitions.
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NewsMarks Electrical hails strong sales ahead of AGM
Marks Electrical hailed strong sales growth in the first four months of the year “driven by excellent customer service” ahead of its AGM today.
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NewsWatches of Switzerland sales dip
Watches of Switzerland has reported a fall in total sales but said performance remains “in line with our guidance and expectations” in the first quarter ending July 2023.
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NewsWilko stops home deliveries for online orders
Wilko has pressed pause on home deliveries for orders on its website as it is in the midst of talks for a potential rescue deal.
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NewsUnder Armour sales slip against ‘challenging consumer environment’
In a trading update for the first quarter ending in June, Under Armour reported total sales of $1.3bn (£1.02bn), down 2% from the same period last year, and 1% in currency-neutral terms. Operating income was $21m (£16.5m) and net income was $9m (£7m).
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NewsPolice dispersal order in place on Oxford Street amid TikTok crime-spree fears
Oxford Street, one of the country’s main shopping destinations, is subject to a dispersal order and police have stepped up their presence following concern over a potential ‘mass shoplifting’ event publicised on social media site TikTok.
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NewsSchuh launches rental collection with Hirestreet
Footwear retailer Schuh has announced a new partnership with rental marketplace Hirestreet following a “record summer for occasionwear rental”.
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NewsJohn Lewis signs deal with Google to boost AI efforts
The John Lewis Partnership has signed a £100m agreement with Google as it plans to cut data storage costs and boost its artificial intelligence efforts.
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NewsIceland unveils new round of price cuts
Frozen food specialist Iceland has cut the price on 200 of its “most popular products” as part of the launch of its money-saving initiatives to “help parents who are feeling the pinch during the school summer holidays”.
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NewsMatchesfashion unveils partnership with Sellier
Matchesfashion has partnered with luxury resale platform Sellier in a bid to boost its luxury pre-loved offering of “the most coveted accessories on the market”.
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NewsJD Sports takes full ownership of Poland’s MIG
JD Sports has entered “a conditional agreement to acquire the outstanding 40% minority stake” of Marketing Investment Group (MIG) making it the 100% sole owner of the Poland-based footwear and clothing company.
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NewsAlibaba expands into Europe with commerce network partnership
Alibaba’s Spanish marketplace Miravia has partnered with ecommerce network for global retailers and brands CommerceHub to power its European expansion.
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NewsFormer PrettyLittleThing boss acquires stake in Boohoo
PrettyLittleThing co-founder and former chief executive Umar Kamani has made a “significant investment” in online fashion giant Boohoo, which was originally established by his father Mahmud Kamani and Carol Kane.
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NewsTikTok Shop launches same-day fulfilment in the UK
TikTok Shop has launched Fulfilled by TikTok (FBT), a new logistics program designed to make it easier for merchants to sell on the platform in the UK.
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NewsFood prices may never fall following Ukraine invasion
The price of food may not fall back down, according to the chief economist at the Bank of England.
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NewsThe Original Factory Shop snaps up M&Co sites
The value retailer is to open 16 stores in the next three months, creating up to 160 jobs.