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Fashion retailer H&M has reported that it saw a 5% increase in sales in April, which was lower than expected due to the unpredictable weather conditions around the UK and internationally. The company commented “the cold spring which continued into April in several of H&M’s large markets has had an unfavourable...

Beauty giant L'Oréal has appointed company stalwart Vismay Sharma to head up its UK and Ireland division. Having worked for the company for 20 years around the world, Mr Sharma will take up his new position in July. His predecessor, Michel Brousset, is being promoted to president of the consumer...

Premier Foods has announced that the MD of Nissin is to become a non-executive director on its board following an agreement to sell 19.9% of the company to the Japanese firm. Gavin Darby, chief executive of Premier Foods, has come under fire from shareholders who are angry that a proposed takeover...

Luxury fashion brand Michael Kors has launched its biggest European flagship store on London’s Regent Street. The new store, covering three floors will include products such as accessories, home and sunglasses as well as being the first store in the UK to sell menswear. Along with its usual products the Regent Street...

It has been reported that Sir Philip Green could still be making money from BHS as staff and onlookers are hoping a strong buyer comes through. After Sir Philip sold the company for £1 in 2015 an investigation was launched regarding a £571 million pension deficit at the business. Mr Green...

Supermarket group Sainsbury’s is introducing an apprenticeship scheme for software developers, as part of a move to encourage people with an enthusiasm for coding into the industry. Starting this summer, 10 successful applicants will take part in a bespoke two-year programme which will see them sitting at the heart of Sainsbury’s...

Helen Dickinson, chief executive of the British Retail Consortium attended an investiture ceremony at Buckingham Palace on Friday to collect an OBE for services to the retail industry. Prince William, Duke of Cambridge, presented the award, which is in recognition of Ms Dickinson’s “advocacy of retail and positive contribution to the...

The chief executive of Tesco, Dave Lewis, was paid £4.6 million last year, including a £3 million bonus for taking the retailer back to profit. In the year to February 27th, the retailer posted pre-tax profit of £162 million, a significant improvement on a loss of £6.4 billion the previous...

High street value fashion retailer PEP&Co has brought forward its Christmas recruitment plans, which include creating over 100 temporary jobs in stores, beginning this week. The chain, which launched last year, recently appeared in the TV series Bargain Shop Wars, which saw an increase in footfall to its stores and traffic...

Bakery chain Greggs has re-launched its mobile payment app with a simplified registration process and a loyalty scheme that customers can begin using straight away without having to upload funds. The app allows customers to pay for goods through PayPal, Apple Pay, by preloading money onto their account or with cash...