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Unilever investors call AGM vote to push for healthy food targets

Unilever investors call AGM vote to push for healthy food targets

A group of investors in Unilever said on Thursday they had filed a fresh resolution urging the company to fix a "crucial blind spot" in its strategy and set ambitious targets to sell healthier foods.
Beauty
Unilever will not increase 50-billion-pound offer for GSK consumer arm

Unilever will not increase 50-billion-pound offer for GSK consumer arm

Unilever PLC on Wednesday effectively abandoned its plans to buy GlaxoSmithKline's consumer healthcare business, saying on Wednesday that it would not raise a 50 billion pound offer that GSK previously rejected.
Beauty
Plan B rules to end in England, should ease retail pressures

Plan B rules to end in England, should ease retail pressures

​British Prime Minister Boris Johnson announced the end of Covid-19 measures introduced to curb the rapid spread of the Omicron variant in England as he looks to live with the virus after a peak in cases.
Fashion
Basingstoke's Festival place enjoys encouraging December footfall and sales

Basingstoke's Festival place enjoys encouraging December footfall and sales

​Reports continue to filter through that Christmas was better than hoped for many businesses and retail destinations and on Wednesday, Basingstoke mall Festival Place added to the upbeat mood.
Fashion
Tommy Hilfiger links with Give Back Beauty for fragrances and wellness

Tommy Hilfiger links with Give Back Beauty for fragrances and wellness

​PVH’s Tommy Hilfiger brand is partnering with Give Back Beauty (GBB), a globally-focused group, for an exclusive worldwide license of the beauty and wellness business under the Tommy Hilfiger brand.
Beauty
Price and convenience drives consumers today - report

Price and convenience drives consumers today - report

​Shopping online will remain a focus for most UK consumers this year but priorities are shifting towards cost, convenience and choice, according to a new survey.
Fashion
Amazon UK to continue accepting Visa credit cards

Amazon UK to continue accepting Visa credit cards

​Online retail giant Amazon looks set to resolve its feud with credit card giant Visa over processing fees following a six-week who-will-blink-first standoff.
Fashion
CMA targets fashion over greenwashing

CMA targets fashion over greenwashing

​Fashion brands overstating their environmental credentials had better watch out. The UK’s Competition and Markets Authority (CMA) is cracking down on businesses that make misleading sustainability claims. 
Fashion
THG has strong Q4 as Beauty and Ingenuity units soar, but margin forecast disappoints

THG has strong Q4 as Beauty and Ingenuity units soar, but margin forecast disappoints

​THG’s Q4 trading update on Tuesday showed that the group’s shares may have been under heavy pressure in recent months but its sales continue to soar.
Fashion
Unilever's offer for GSK's consumer health raises doubts, questions over strategy

Unilever's offer for GSK's consumer health raises doubts, questions over strategy

The bid for GSK's assets, including Sensodyne toothpaste and Advil painkillers, comes as Unilever is dealing with steep inflation and sluggish growth in emerging markets, where it derives 60% of its revenues.
Beauty
UK weekly footfall rises as more office workers hit high streets

UK weekly footfall rises as more office workers hit high streets

​Early signs of the confidence shown by workers returning to their offices saw a boost for UK high street footfall in the latest week. Footfall across UK retail destinations rose 1.5%, according to Springboard.
Fashion
Fortnum & Mason has strong Christmas, despite making full-year loss

Fortnum & Mason has strong Christmas, despite making full-year loss

​Fortnum & Mason had a strong Christmas period, but its latest accounts for the year to last July also showed it swinging to a pre-tax loss for the first time since 2009.
Luxury
Ex-M&S and Sainsbury's chairmen die, both helped shape UK retail

Ex-M&S and Sainsbury's chairmen die, both helped shape UK retail

​Two key executives who helped to shape UK retail died in the last few days. Paul Myners was the former chairman of M&S and Landsec and John Sainsbury was the driving force behind the supermarket chain for 23 years.
Fashion
Asda owners believed to be in talks on Boots bid

Asda owners believed to be in talks on Boots bid

​Speculation is intensifying over who might buy Boots from its current owner Walgreen Boots Alliance, and the latest names in the frame are the Issa brothers, the retail tycoons who recently took control of Asda.
Beauty
Ex-Farfetch COO Robb said to be key candidate for ASOS chief executive post

Ex-Farfetch COO Robb said to be key candidate for ASOS chief executive post

Former Farfetch COO Andrew Robb is in the running to be the next CEO of ASOS, a report has claimed. There had been speculation in recent weeks that Robb was a contender for one of global fashion's top leadership posts.
Fashion
New £300m loan puts green goals at heart of Burberry finances

New £300m loan puts green goals at heart of Burberry finances

​Burberry is the latest big name in fashion to link its finances to its drive to operate a greener and more ethical business. It has refinanced its revolving credit facility to a £300m sustainability-linked loan.
Luxury