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Fashion retailer Boohoo.com has now received court approval ahead of its acquisition of fellow fashion brand Nasty Gal. The move will cost the company $20m and is expected to be completed by the 28th February. Chief executives of Boohoo released a statement regarding the purchase, noting that the move “represents...

Tesco have made arrangements to trial a scheme in which their waste sugar will be collected and given to help feed the struggling bee population in the country. The sugar will come mainly from bags that have split and therefore been declared not fit for consumption, with the trial operating...

Food and drink company Nestle have sold their natural spring water brand, Fürst Bismarck to Hansa-Heeman AG, who are a food and drink supplier based in Germany. The move has been said to be an attempt to strengthen the company’s sales in Northern Germany, where they are currently quite a...

Reductions in produce brought about by bad weather are said to have driven prices up for leafy vegetables. Sales have fallen by £8m being down by almost half; courgettes for example were down by 58%. Countries such as Italy and Turkey have felt the impact of poor harvests caused by...

Luxury brands continue to feel the pinch of an unstable economic climate, with the fashion company announcing that revenue had declined in its European and North American markets. For the three months ending on 31st December, total revenue was down from $1.4bn to $1.35bn, although revenue in Asia had massively...

The parent company of fashion retailers Whistles and Phase Eight has acquired women's fashion and online retailer Damsel in a Dress. The acquisition is the third by TFG London in the past two years, as the company continues to expand and strengthen its UK fashion portfolio. TFG London chief executive Ben Barnett...

Figures from the British Retail Consortium and KPMG’s monthly sales monitor show that total sales in January rose by 0.1%. Over the three-months to January, food sales increased by 0.6% on a like-for-like basis and by 2% on a total basis. During the same period, non-food retail sales rose by 0.2% on...

Following an announcement last December that Boohoo.com had entered into an asset purchase agreement to acquire Nasty Gal for US$20 million; the retailer is now on track to acquire US brand Nasty Gal. Boohoo said in a statement: “As previously announced, the transaction has been governed by a US Bankruptcy Court...

 Some convenience store owners have expressed concerns in the wake of the deal between Tesco and Booker being announced. The supermarket giant currently owns approximately 30% of the UK grocery market, with the deal with Booker set to increase that by 2%. Under the Booker company name are the symbol...

 Whilst they are currently trialling their checkout-free grocery chain in an employee-only store based in Seattle, US, tech company Amazon has reportedly begun searching for a London location. They registered a UK trademark for their Amazon Go stores back in December 2016, with the stores potentially placing pressure on existing...