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The luxury fashion brand Goat will be opening its first ever store in London's Conduit Street in autumn.Goat whose celebrity fans include the likes of Gwyneth Paltrow, Victoria Beckham and Kiera Knightly was founded over ten years ago as a cashmere brand. Since then Goat has developed into a full...
A recent report has discovered that UK companies have hit a three-year high profit warning despite a continuing recovery in the wider economy.Companies that have issued profit warnings this year included retailers Asos and Mothercare, luxury goods brand Mulberry, construction firm Balfour Beatty and outsourcing giant Serco.Increased competition, squeezed margins...
The department store group Debenhams has announced Matt Smith will be joining their team as chief financial officer.Matt Smith, who previously held the same position at Mothercare since 2013, will be replacing Simon Herrick who left Debenhams at the start of this year after a Christmas profit warning and a...
Business secretary Vince Cable is to begin a probe into the administrators of Comet, more than 18 months after the electrical retailer went into administration with the loss of 7,000 jobs.Three partners in Deloitte are under investigation in the probe as to whether they breached accounting guidelines: a possible conflict...
It has been announced that next year’s National Apprenticeship Week will run from Monday, 9 March to Friday, 13 March 2015.Co-ordinated by the Skills Funding Agency, the week will include hundreds of events and activities across the country.Employers, apprentices, business support organisations, learning providers, colleges and schools across the land...
A poultry factory which is at the centre of alleged hygiene failings is to be investigated within 24 hours according to health secretary Jeremy Hunt.The facilities belonging to 2 Sisters Food Group at Llangefni, Anglesey, and in Scunthorpe, Lincolnshire, were named in a feature for the Guardian concerning alleged hygiene...
US –based video game publisher Electronic Arts (EA) has reported a 51% rise in profits from April to June, boosted by a strong performance by key titles such as Titanfall and FIFA 2014. The new generation of gaming consoles also boosted the firm to $335 million (£196 million) in net...
A report by the Resolution Foundation think tank has said that even a relatively “benign” rise in interest rates could double the number of households facing a debt “crisis”.The report said that by 2018, 1.1 million households could be in "debt peril", compared with the current 600,000, spending over half...
Retail sales in the UK saw a bounceback in July according to the Confederation of British Industry (CBI). The business group’s Monthly Distributive Trades Survey showed that 46% of retailers reported a rise in sales volumes in July, with 25% reporting a fall. The balance of 21% was a significant...
Administrators of lingerie firm La Senza are to close an additional 12 stores over the next few weeks in Cambridge, Brighton, Leeds Trinity, Northampton, Canterbury, Derby, Kingston, Maidstone, Bluewater, Cardiff, Edinburgh and Silverburn Glasgow.The move, which follows the closure of six stores recently, is anticipated to impact 130 employees.“We have...
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