Struggling Joules is reportedly exploring options for a company voluntary arrangement (CVA) as it seeks to cut its costs and stave off a collapse following the termination of talks for Next to take a stake in the firm.
Seamm, a start-up digitising fashion goods for virtual worlds, has raised $1.7 million in funding “to scale go-to-market activities, attract and hire top talent, and accelerate the development of its platform”.
Are You Mad. No, that’s not a question but the name of Shaftesbury’s latest consumer-facing effort to promote sustainability. The London property giant has opened its first visible recycling unit on Carnaby Street.
Next is one of the most successful UK fashion retailers, so when it downgrades profit guidance that it only upgraded last month, you know the sector as a whole is facing tough times. And that’s what it did Thursday.
As Labour surges in the UK polls, it’s clearly scenting opportunity in areas the Conservatives haven’t fully addresses and has pledged to abolish business rates and introduce initiatives to ‘save the high street’.
The countdown has begun to the opening of London's repurposed Battersea Power Station.The official launch of the new retail, leisure and residential area will begin with a five-day ‘Festival of Power’ in October.
A key section of London’s South Molton Street is to be the subject of a major multi-million-pound upgrade. The South Molton Triangle remodel will be a venture between property giants Grosvenor and Mitsui Fudosan UK.
When Nigel Oddy joins up-for-sale Matalan on 3 October, the interim CEO will be expected to oversee an in-place growth strategy that’s already delivering results, with record revenues for fiscal 2023’s first half.