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© 2024 a Reach plc subsidiary
Retail
08:51, 2 NOV 2023
American Golf owner loses almost £10m as cost-of-living crisis hits sales
North West
Following the end of the financial year, former Matalan interim CEO Nigel Oddy succeeded Gary Favell as chief executive of American Golf
Bookmark
Asos mothballs Midlands warehouse after revenue slump
Retail & Consumer
Online retailer says it hopes workers can be relocated
Bookmark
Better autumn sales help Next Plc raise its profit outlook
Retail & High Street
Sales turned around in the second half of last month after an unseasonably warm September
Bookmark
Missguided: Why Frasers Group sold fast-fashion brand to Shein
North West
An expert at a leading North West business school has detailed the reasons behind Frasers Group made this deal, the risks involved and the impact it could have on Manchester
Bookmark
Muse named development partner for Mell Square regeneration scheme in Solihull
Economic Development
Bid included architects Howells, planning consultants Turley, and designers Planit
Bookmark
Billionaire Issa brothers complete £2bn EG Group deal with Asda as almost £300m knocked off price
North West
When the deal was first confirmed earlier this year, the purchase price for the divisions was announced as £2.27bn
Bookmark
Road changes agreed as traders left 'struggling to survive'
Transport
Traffic changes that left Coventry traders “struggling to survive” will be partly scrapped by the council.
Bookmark
Castore creates hundreds of jobs as profits almost double at Andy Murray-backed sportswear brand
North West
Castore was founded in Liverpool by brothers Tom and Phil Beahon and counts a number of high profile figures among its shareholders including the billionaire owners of Asda
Bookmark
Designer eyewear firm Inspecs sees revenues soar to almost £160 million
Company Results
The AIM-listed company, which is headquartered in Bath, released a trading update for the nine months ended September 30
Bookmark
Missguided sold to SHEIN by Mike Ashley's Frasers Group
North West
Missguided was rescued out of administration by Frasers Group last year for £20m after it racked up debts of over £80m
Bookmark
Motorpoint Derby car showroom closed due to Storm Babet
Retail
Group’s Derby store on the eastern side of the city was affected when the River Derwent burst its banks
Bookmark
Safestyle shares suspended amid growing uncertainty as buyer is sought
Retail
As one of the UK's largest windows and doors companies, Safestyle has struggled against weaker demand
Bookmark
Wilko shops to return to high streets in time for Christmas
Retail & High Street
Budget retailer The Range, which bought the homeware retailer’s brand following its collapse, has said it is planning a national roll-out of new standalone Wilko stores
Bookmark
Boohoo hands shares to hundreds of employees at discounted price
North West
Last year's SAYE share scheme saw more than 1,100 employees take part
Bookmark
Wilko products go on sale at The Range as it brings brand into its UK stores
Retail & High Street
The Wilko brand, website and intellectual property was bought by The Range for £5m
Bookmark
Almost 300 jobs created by group behind clothing brand Regatta
North West
The company was founded by Lionel Black in 1981 and is still run by the family
Bookmark
Former JD Sports boss Peter Cowgill invests in brand that survived liquidation
North West
Two-time former heavyweight boxing champion Anthony Joshua is not currently involved in the new company
Bookmark
Myprotein founder, who made over £300m after leaving school with one GCSE, launches new venture
North West
Mr Cookson grew up in Manchester and now splits his time between the UK and Monaco
Bookmark
Clugston Distribution sees strong revenue acceleration through Covid 'catching-up' period
Company Results
Scunthorpe trucking firm invests to strengthen the infrastructure of the business after high growth period
Bookmark
Building commences at Cotswolds Designer Outlet
Construction
Construction will start in November 2023 ahead of a Spring 2025 opening
Bookmark
Pendragon shareholders back £397m US Lithia Motors deal
Deals
Almost 98% of shareholders back plan to sell Evans Halshaw and Stratstone dealerships and CarStore business
Bookmark
The Very Group's profits tumble by over 90% as sales stall
North West
BusinessLive recently reported that the company had jobs at risk at its Merseyside head office
Bookmark
Unilever sets out new 'action plan' to boost performance
Company Results
The consumer goods giant has announced a leadership shake-up
Bookmark
Garden furniture business formerly owned by Joules moves to Swindon
Offices
Garden Trading was bought out of administration by Yorkshire-based private equity house TIM Group Holdings (TGH) last year
Bookmark
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