020 7432 8855 to advertise
Supermarket giant Asda saw a 1.6% drop in sales for the third quarter as its chief executive Andy Clarke announced that a “shockwave” was hitting the sector as a whole.Mr Clarke said that, regardless of the fall in sales, he is pleased the market share is growing at a difficult...
Online giant Amazon and publisher Hachette have resolved an unpleasant row over the pricing of print and ebooks. The companies have been battling over the terms of a new contract since early May.Amazon was accused of using “aggressive” negotiation tactics, such as preventing customers pre-ordering books, reducing discounts and delaying...
Luxury fashion brand Burberry has refused to confirm reports that Romeo Beckham, 12-year-old son of David and Victoria Beckham was paid £45,000 for its Christmas advert as profits and shares dropped in the first half.In the six months to September 30th, Burberry reported a 12% drop in pre-tax profits from...
Sainsbury's has released its Christmas advert, in partnership with the Royal British Legion and inspired by the real events of 100 years ago.The supermarket upped the stakes in the battle for the best Christmas advert of 2014 by commemorating the extraordinary events of Christmas Day, 1914, when the two armies...
Vodafone, one of the largest broadband providers in Europe is set to launch broadband and TV services in the UK.The move comes as BT plan to launch a severe price war through its expected return to the mobile market.The home broadband and TV market in the UK is already very...
Selfridges has hired high fashion house Chanel’s Chris May to fill their new role of group business development director.The new appointment comes as the department store group, which consists of Selfridges in the UK, Holt Renfrew in Canada, de Bijenkorf in the Netherlands and Brown Thomas department store in Ireland, kicks...
The UK unemployment rate fell to 6% in the three months to September, down from 6.3% in the April to June period and down from 7.6% in the same period last year. This doesn’t quite hit analysts’ expectations, although wages rose faster than anticipated.Pay excluding bonuses for employees in Great...
Fashion chain New Look has said that an 8% rise in UK sales, as well the fact it managed to maintain its gross margin, was behind a 89% rise in profits for the first half.The chain added that its international expansion plans were progressing well, with the intention that a...
Sainsbury’s has seen a loss of £290 million on flat retail sales in the half year to September 27th, as the grocery sector undergoes “structural change”.The UK’s third-largest supermarket said that the effects of customers shopping more frequently as well as using online, convenience and discounters more meant that like-for-like...
Sports Direct founder Mike Ashley, owner of Newcastle United, has revealed that he plans to open 200 gyms which will offer membership from just £5 per month."This will be affordable fitness on an unprecedented scale," said a spokesman for Sports Direct. “It will revolutionise the market by making private gym...
Why not sign up for daily news emails?
