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ASOS continue to grow as they post a full year profit increase of 28% to £102 million. They posted a £500 million rise in revenue, which put them at a total of £2.4 billion for the year up to 31st August. The company announced that EU sales grew by 36%, while US...

Card Factory has appointed former Britvic chief executive Paul Moody as their new chairman.  Geoff Cooper, who was acting chairman since 2014, announced in 2014 that he was stepping down due to personal health reasons. Paul Moody will join the company with nearly 20 years of experience at the soft drink brand...

Deicmann are to expand into the Middle East and North Africa through a partnership deal  with the Azadea Group. This will be the first time that Deichmann has worked with a franchise partner. They are set open their first store in Dubai in 2019. The footwear retailer currently has stores in 26...

Endless has beaten Sports Direct owner Mike Ashley to the takeover of specialist golf retailer American Golf. The deal will see the firm saving around 900 jobs. Endless’ also rescued Jones Bootmaker from the same situation last year.  Jones was then sold to pavers less than a year later. According to reports, 112...

Luke Johnson, the founder and chairman of Patisserie Valerie, has pledged up to £20 million in new loans in order to save the company from collapse and saving 2,800 jobs. Mr Johnson told the Sunday Times ‘I’ve never had an experience like this in my careers and I hope never to...

Shoe Zone have announced positive results for the second half of the year, performing well both online and in stores. Shoe Zone has said that they are expecting to report that its revenues for the will have increased by 1.8% to £161 million. It is expecting to report a full year pre-tax...

Amazon Fashion is set to lunch its first European pop up store on Baker Street later this month. The store will span across 3,000 square feet and will be open from the 23rd October until the 27th October. It will stock a mix of their own labels such as Find., Truth &...

Sports Direct has its sights set on the iconic 350,000 square foot House of Fraser building in Glasgow.  The deal could be worth up to £95 million. They have promised that the site will be turned in to the ’Harrods of the North’, which will keep 800 people in jobs. The deal...

Ikea has opened a ‘Planning Studio’ store in Tottenham Court Road, London.  This is the first store to be launched in this format. The store is aimed for customers who are planning larger scale projects such as kitchens and bathrooms. Jane Bisset, IKEA London city centre market leader, said: “Our new city...

Fashion retailer Coast has entered administration and will close all 24 of its stores.  However, Karen Millen has stepped in and bought some parts of the business, saving 600 jobs. The brand informed staff yesterday that PwC had been appointed as administrators of Coast Holdings, Coast Retail and Coast Fashions.  This...