Amazon is buying Belgian company Cloostermans, a textile machinery manufacturer that now specializes in mechatronic automation tools. Cloosterman has been supplying the American retail giant since 2019.
The next wave of UK port strikes is on the horizon, adding another layer of concerns for retailers in the run up to the Christmas trading period. Felixstowe is under the threat of a second eight-day strike this month..
Ever-expanding retail group Frasers is on the search for fresh investment with its new chief executive Michael Murray saying he wants to build the business’s previously frayed relations with the City of London.
BoohooMan needs some big names to match its Tall collection and here they don’t come much bigger. Now starring as ambassadors for the just-released collection are American basketball players Shaqir and Shareef O’Neal.
The sportswear, intimates and loungewear brand is stepping up its commitment to fitness with Oysho Training, its first sports, yoga and running workout app. The app is already available in nine countries.
Discount retailer TJX UK has announced its results for the 52 weeks up to the end of January and is clearly bouncing back from the pandemic, despite the latest accounts including some periods of Covid store closures.