Retail Gazette

FEBRUARY 22, 2024

Lawyers accused the investment bank of a “class-driven” decision when it attempted to force Frasers Group to abandon bets on the share price of Hugo Boss in 2021, The Telegraph reported. Ashley told a High Court judge that Morgan Stanley’s sudden demand for £790m of collateral in May 2021 was “completely unbelievable”.

ATS 114

ATS Marketing Fashion 114

Cisco Retail

AUGUST 11, 2021

Cisco Security was honored to be a sponsor of the 24th Black Hat USA 2021 Conference – the internationally recognized cybersecurity event series providing the security community with the latest cutting-edge research, developments and training. To learn more about Cisco Talos, visit talosintelligence.com. We’d love to hear what you think.

ATS 145

ATS Planning 145

Retail Gazette

APRIL 26, 2024

Key investors have been steadily reducing their stakes in Moonpig since its bumper £1.2bn listing on the stock market in 2021, where shares were offered at 350p apiece. Click here to sign up to Retail Gazette‘s free daily email newsletter

Marketing 59

Marketing ATS 59

Retail Gazette

FEBRUARY 5, 2024

It dropped the case in 2021. Click here to sign up to Retail Gazette‘s free daily email newsletter Mike Ashley also clashed with HMRC when it conducted a long-running investigation into Newcastle United, which was once owned by the tycoon.

ATS 119

ATS 119

Retail Gazette

FEBRUARY 4, 2024

Zuber bought Asda, alongside brother Mohsin and private equity firm TDR Capital, in a £6.8bn deal in 2021. Meanwhile, The Telegraph said that TDR is exploring bringing in a CEO with more grocery experience to replace Mohsin, who has been at the helm of Asda since Roger Burnley left the business in 2021.

Supermarket 122

Supermarket Grocer Accounting ATS 122

Retail Gazette

MARCH 28, 2024

In its last accounts, which were published more than two years ago, showed a £15m loss for the lockdown-affected year to August 2021. Click here to sign up to Retail Gazette‘s free daily email newsletter The retailer’s accounts are seven months overdue. Its administration comes on the back of Ted Baker’s collapse last week.

Accounting 119

Accounting Fulfillment Fashion Planning 119

Retail Gazette

JANUARY 29, 2024

The CEBR and business leaders highlighted Rishi Sunak’s decision to charge tourists VAT on shopping in 2021, going back on a tax rebate implemented for decades, as a reason behind the UK’s slow recovery in tourism. Click here to sign up to Retail Gazette‘s free daily email newsletter

Shopping 131

Shopping Consumer 131

Broad Reach Retail

MARCH 9, 2021

Sign up for our newsletter below! Download the full Tips for Tenants: Spring 2021 Edition Graphic to share with your team. The post Tips for Tenants: Spring 2021 appeared first on Broad Reach Retail. Check your service agreement to see what’s included, and schedule a check-up before you notice the AC isn’t working!

Promotions 52

Promotions Planning Marketing 52

Retail Gazette

DECEMBER 28, 2023

Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning Jigsaw had undergone a major overhaul with ex-CEO Beth Butterwick, who left the retailer in October to helm Clarendon Fine Art, closing almost a quarter of its stores in 2021.

Fashion 119

Fashion Marketing 119

Retail Gazette

APRIL 4, 2024

Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning Haythornthwaite, who joined as Ocado as chair in 2021, will join NatWest this month as the banking group looks to contain the fallout from a dispute with former UKIP leader Nigel Farage.

Payment Services 110

Payment Services ATS 110

Retail Gazette

FEBRUARY 12, 2024

The former Arcadia brands and Debenhams, which were snapped up by Boohoo in 2021, have narrowed its losses after two years under the fast fashion group’s ownership. Click here to sign up to Retail Gazette‘s free daily email newsletter Dorothy Perkins reported the biggest drop in pre-tax losses, narrowing from £15.9m

Fast Fashion 126

Fast Fashion Fashion Returns Marketing 126

Retail Gazette

MARCH 1, 2024

He stepped down from the supermarket shortly after its takeover by the Issa brothers in 2021. Click here to sign up to Retail Gazette‘s free daily email newsletter In his most recent role, Thakrar worked as a partner and headed consumer and retail at KPMG UK. Footfall in stores grew 7% year-on-year, while Boots.com sales were up 17.5%

Grocer 111

Grocer Supermarket Returns Beauty and Health 111

Retail Gazette

MARCH 11, 2024

Since December 2021, the benchmark rate has risen 14 times, and has remained at 5.25% since last autumn. Click here to sign up to Retail Gazette‘s free daily email newsletter Norman argued that the central bank only had a “marginal” impact on lowering inflation from its 11.1% peak in October 2022 to 4% in January.

ATS 111

ATS Fashion 111

Retail Gazette

OCTOBER 25, 2023

Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning A possible share sale could value the marketplace platform at a premium to its previous valuation of £3bn (€3.5bn) in May 2021, and would help generate cash for early investors. Vinted narrowed its pre-tax losses from €118.2m

Fashion 115

Fashion Marketing ATS 115

Retail Gazette

APRIL 7, 2024

The brothers and TDR also bought Asda in 2021 in a £6.8bn deal. Click here to sign up to Retail Gazette‘s free daily email newsletter EG Group investors have been told that it is in “active discussions with Zuber regarding the sale” of UK assets.

Supermarket 116

Supermarket Planning ATS 116

Retail Gazette

JANUARY 31, 2024

LloydsPharmacy was sold to investment firm Aurelius UK in 2021 for £477m. Click here to sign up to Retail Gazette‘s free daily email newsletter Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning However, the liquidators said just £8.2m

Accounting 139

Accounting Marketing ATS 139

Retail Gazette

JANUARY 22, 2024

CD&R’s £7bn takeover of the supermarket in 2021 was scrutinised by the Competition and Markets Authority due its ownership of MFG. Click here to sign up to Retail Gazette‘s free daily email newsletter The regulator ruled that the sale of 87 of MFG’s forecourts would be sufficient to alleviate its concerns.

Supermarket 105

Supermarket Location Marketing 105

Retail Gazette

APRIL 23, 2024

Revolution Beauty is set for a legal battle as a former investment has filed a claim of over £45m as it accuses the business of “deceit” Chrysalis Investments bought a £45m stake in the company in July 2021, but sold its shares for £5.7m Click here to sign up to Retail Gazette‘s free daily email newsletter

Accounting 59

Accounting Planning ATS 59

Retail Gazette

MARCH 17, 2024

Selfridges was snapped up Signa and Central in 2021 for £4bn , with the business split between an operating company and a property company. Click here to sign up to Retail Gazette‘s free daily email newsletter Despite the move, Signa still owns 50% of the property company and holds around 35% in the operating company.

Department Stores 110

Department Stores ATS 110

Retail Gazette

SEPTEMBER 24, 2023

The funds would help the grocer pay off some of the £6.6bn debt pile that was dumped upon it following CD&R’s acquisition in 2021. Click here to sign up to Retail Gazette‘s free daily email newsletter CD&R has already sold off seven of the supermarket’s warehouses, which it now leases back.

Grocer 116

Grocer Supermarket Planning 116

Retail Gazette

DECEMBER 19, 2023

The £500m in borrowings are part of the debts taken on by the supermarket to finance the acquisition of Asda in 2021. Asda’s debt interest bill has risen from an estimated £90m in 2021 as the Bank of England has rapidly increased interest in a bid to bust inflation.

Grocer 119

Grocer Finance Supermarket ATS 119

Retail Gazette

NOVEMBER 20, 2023

The expansion comes after Next, which now operates Gap UK, acquired 51% of the US fashion giant’s UK business in 2021 following its collapse. Click here to sign up to Retail Gazette‘s free daily email newsletter Gap UK has added Banana Republic and Athleta to its website as it rolls out 20 more concessions inside Next stores.

Fashion 115

Fashion Returns Management Shopping 115

Retail Gazette

JANUARY 5, 2024

The £500m in borrowings are part of the debts taken on by the supermarket to finance the acquisition of the business back in 2021. Click here to sign up to Retail Gazette‘s free daily email newsletter Brothers Mohsin and Zuber Issa bought the retailer in a highly-leveraged £6.8bn takeover alongside the private equity firm TDR.

Supermarket 124

Supermarket Grocer Finance Accounting 124

Retail Gazette

SEPTEMBER 10, 2023

The funds would help Morrisons pay off some of the £6.6bn debt pile that was dumped upon the grocer following the CD&R’s acquisition in 2021. Click here to sign up to Retail Gazette‘s free daily email newsletter Both businesses are owned by the Issa brothers and TDR Capital.

Grocer 124

Grocer 124

Retail Gazette

MARCH 21, 2024

It made £111m in productivity improvements over its last financial year, bringing its total to £420m since it kicked off its Partnership plan in January 2021. Click here to sign up to Retail Gazette‘s free daily email newsletter

ATS 111

ATS Grocer Fulfillment Planning 111

Retail Gazette

MARCH 1, 2024

The move comes after a 10% uplift for hourly-paid retail roles in 2023, and a 28% total rise in retail pay since the Issa brothers acquired Asda in 2021, with a total investment of nearly £415m. Click here to sign up to Retail Gazette‘s free daily email newsletter The supermarket’s investment will see an 8.4%

Grocer 122

Grocer Supermarket 122

Retail TouchPoints

FEBRUARY 15, 2022

In a self-penned column published in the Substack newsletter Common Sense , Sey said she quit because “the company I love has lost sight of the values that made people everywhere want to wear Levi’s.” But Sey, who has four children in the public school system, didn’t stop, citing the company’s tolerance for political activism on other topics.

Finance 264

Finance Promotions Marketing Management 264

Retail Gazette

DECEMBER 20, 2023

According to This Is Money , ministers promised to regulate the industry in 2021 and published draft legislation earlier in the year. Click here to sign up to Retail Gazette‘s free daily email newsletter However, the new rules have not yet been implemented.

Planning 116

Planning ATS 116

Retail Gazette

JANUARY 19, 2024

The Osbornes registered the name of their home and gardening company, L V Bespoke, as a trademark back in 2021, having launched the business during the pandemic. Click here to sign up to Retail Gazette‘s free daily email newsletter It’s just absurd to think that they’re challenging on the grounds that they did.”

Fashion 107

Fashion Consumer ATS 107

Retail Gazette

SEPTEMBER 13, 2023

L Catterton, which is backed by luxury giant LVMH, bought a majority stake in Birkenstock for an undisclosed sum back in 2021. Click here to sign up to Retail Gazette‘s free daily email newsletter Descendants of the footwear brand’s founder – brothers Alex and Christian Birkenstock – have kept a minority stake in the business.

Fashion 100

Fashion 100

Retail Gazette

JANUARY 19, 2024

December’s drop was the largest monthly fall since January 2021, when Covid lockdown restrictions impacted sales. Click here to sign up to Retail Gazette‘s free daily email newsletter in December, reversing a 1.4% increase in November, despite retailers reporting a heavier-than-usual promotional market.

Promotions 111

Promotions Consumer Shopping Marketing 111

Retail Gazette

MARCH 27, 2024

The latest expansion efforts come three years after EMW was rescued by international investment consortium Purepay Retail Limited in January 2021, followed by Peacocks a few months later. ” Click here to sign up to Retail Gazette‘s free daily email newsletter .

Location 119

Location Planning ATS Fashion 119

Retail Gazette

OCTOBER 11, 2023

Running until 29 October, the online giant’s adverts highlight the expansion of the range since its initial launch in 2021 – at the same time that Amazon opened its first Fresh store in the UK. Click here to sign up to Retail Gazette‘s free daily email newsletter The campaign also features the new tag line, ‘Food too, who knew?’

Promotions 110

Promotions Advertising Supermarket Marketing 110

Retail Gazette

JANUARY 14, 2024

The business was sold to American footwear group Wolverine Worldwide back in 2021 and has since gone through a series of changes. Click here to sign up to Retail Gazette‘s free daily email newsletter The premium activewear retailer said turnover fell 8.5% while profit was down to £66m from £94.5m

Wholesale 59

Wholesale 59

Retail Gazette

SEPTEMBER 17, 2023

Some 24,179 jobs were lost in 2021 and 53,364 jobs were aced in 2020 when the pandemic took its toll. Click here to sign up to Retail Gazette‘s free daily email newsletter However, the bulk of Wilko staff are not yet counted in that total, according to This Is Money.

Accounting 130

Accounting ATS 130

Retail Gazette

DECEMBER 17, 2023

Back in 2021, private equity giant Clayton Dubilier & Rice ( CD&R) paid £7bn to acquire Morrisons, with the deal being finalised before the steep hike in interest rates. Click here to sign up to Retail Gazette‘s free daily email newsletter

Supermarket 126

Supermarket Payment Services Grocer Returns 126

Retail Gazette

NOVEMBER 20, 2023

The Treasury ditched tax-free shopping for overseas visitors in 2021 and insists reinstating the measure would lead to £2bn of lost tax revenue. Click here to sign up to Retail Gazette‘s free daily email newsletter However, supporters say this would be offset through higher sales and increased visitor numbers.

Shopping 110

Shopping Planning Marketing 110