Plans to list UK-based digital fashion retail giant Very Group on the London Stock Exchange are being revived, according to reports. Owner the Barclay family is keen to resurrect plans to float the £4 billion business.
UK health & beauty retailer Superdrug has launched its ‘Shop Smart’ campaign in partnership with poverty campaigner and activist Jack Monroe, to help customers navigate the growing cost of living crisis.
Luxury businesses have renewed calls for the UK government to reverse its decision to end VAT-free shopping for tourists, saying Britain is losing out to other European countries as big-spenders go elsewhere.
In an interesting development, the new series of hit TV show Love Island sees it partnering with eBay UK to dress contestants in pre-owned clothes rather than the fast fashion that's the staple fare of the show.
Grosvenor has delivered a significant improvement in its financial performance in the latest year. The group owns vast tracts of land in key area like London’s Mayfair, as well as the Liverpool One mall.
High-end intimates specialist Wolford has postponed the release of its annual results for the second time in a month. It said it will release its audited annual financial statements for 2021 “no later than June 17”.
Fast-growing sportswear company Gymshark has filed its accounts for the year to July 31, 2021 and they showed the business continuing to prosper even in a difficult time hit by lockdowns and weak consumer sentiment.
Singapore-based fashion startup Zilingo has fired its Chief Executive Officer Ankiti Bose after an independent investigation into "complaints of serious financial irregularities," the company said on Friday.