Browse all articles

Four years after being famously hacked, LinkedIn has admitted that data stolen in the 2012 hack is still being sold on data sharing websites, impacting 167 million customers. The data includes email addresses, hashed passwords, and member IDs. In the original hack, only 6.5 million usernames and passwords were posted online,...

Department store chain Debenhams has announced Sergio Bucher, former head of Amazon Fashion Europe, as their new chief executive. Mr Bucher was previously general manager for retail and e-commerce worldwide at Puma. Prior to that held retail roles at Nike and Inditex, where he led the start-up of its lingerie retail...

Dixons Carphone has announced “excellent” results for the year, with group like-for-like revenues up 5% with growth across all businesses and categories. Revenues in the UK and Ireland were up 6%, driven by mobile phone market share gain together with strong growth in electricals. Seb James, group chief executive, said: “Against the...

Marks & Spencer’s chief executive Steve Rowe has warned that profits are likely to be hit in the short term before seeing the results of his turnaround plan. For the year to 2nd April, underlying profits rose 4.3% to £689 million, but Mr Rowe, who took over the job last month,...

Kingfisher’s profits in its first quarter of 2016 have been strong, helped by good performances in the UK and Poland. Figures show that the quarter ended with a 3.6% increase in total sales, with regional contributions including a 6.2% rise in the UK and Ireland, which includes Screwfix and a 10.8%...

It has been announced that Ribble Cycles, the cycle manufacturer and retailer, will be expanding internationally by launching in Australia. The news comes after the company made changes to its senior management by appointing Matthew Lawsom as chief digital officer and Jon Owen as chief executive earlier this year. The company, owned...

The Card Factory has reported that total sales grew 6.5% in its first quarter, but footfall in its stores saw a drop. The company said that its first quarter like-for-like sales were softer than levels achieved recently although it confirmed that it was continuing to aim for its full year like-for-like...

It has been revealed that administrators for fashion retailer Austin Reed, which went under in April, are likely to slice up the estate rather than sell it in its entirety. Sister brands CC and Viyella are expected to be sold off separately to the Austin Reed name which is largely expected to...

Bookseller Waterstones has announced that it will stop selling e-books ahead of an agreement with digital book specialist Kobo. Waterstones boss James Daunt said Kobo provided "an excellence of service we ourselves are unable to match". The chain stopped selling e-readers in October and from June 14th will start to transfer customers...

Rural fashion and lifestyle retailer Joules has seen its shares valued at 160p each, giving the company a market value of £140 million ahead of its flotation on Thursday. The deal, which will raise £77.5 million, will see founder Tom Joule receive a £477.7 million payout as he takes his...