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Mulberry have unveiled plans to launch in South Korea as it stated that its annual pre-tax profit have risen by 36% to £11.3 million when start-up costs and expenses related to its expansion in Asia are excluded. Thierry Andretta, Mulberry chief executive, said: "We have made significant progress during the year on our...

Boohoo, increased its group revenue by 53% to £183.6 million in its first quarter. The company said it had seen strong revenue growth and market share gains across all of its territories in the three months to 31 May as UK and international sales rose by 49% and 60% respectively. Mahmud Kamani...

Poundworld has entered administration, putting more than 5,000 jobs at risk. Administrators from Deloitte have been appointed after talks with potential buyer R Capital failed. Clare Boardman, joint administrator at Deloitte, said: “The retail environment in the UK remains extremely challenging and Poundworld has been seeking to address this through a restructure...

New Look have reduced prices, saying 80% of the clothing it sells is now under £20 as it tries to turn around its business. The tactic comes after the retailer stated a sharp fall in sales for its 2017-18 financial year. New Look is one of many retailers this year that had a Company...

Waitrose has joined up with private healthcare provider Bupa to offer shoppers a range of health services and activities in-store. 17 Waitrose shops will be trialling a variety of different Bupa services to help customers get tailored advice on their health. Services will include the positioning of health stations in-store where customers can...

Mr Porter has launched a new online entity which has been created to show a growing selection of leading watch brands which will feature curated content, educational articles and style advice coupled with tips on how to select and maintain a luxury timepiece. The new platform, named The Luxury Watch Guide, marks MR Porter's...

Photobox Group has opened a new state-of-the-art headquarters in London’s Clerkenwell. In collaboration with London based design and build firm Oktra, they converted former printworks Herbal House into a 37,000 square foot office.  Jody Ford, chief executive of Photobox Group, said: “Our new HQ directly reflects our ambition to deliver amazing experiences for our customers...

Fashion brand Joules has reported that group revenue has risen by 18.4% to £185.9 million in the year to 27 May. Joules confirmed that revenue in the retail department is up 15.9% compared to the prior year with the increase driven by a strong online performance, as well as continued growth across the...

Amazon are looking to create 2,500 permanent jobs in the UK in 2018 to bring the total UK workforce to 27,500 by the end of the year. They have said roles will include: Software Developers, Engineers and Technicians, as well as entry-level positions and on-the-job training opportunities. Doug Gurr, Amazon UK country manager, said: “The...

B&Q Press Release Yesterday (7 June), B&Q has announced proposals to simplify the way we sell kitchens and bathrooms. We will be making it simpler for customers so that they deal with just one person; making the experience faster with the whole process from booking a design appointment to home delivery...