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Fashion retailer Ted Baker has appointed Fumbi Chima and Meg Lustman as non-executive directors with immediate effect. Chima is currently working as chief information officer at BECU, the US-based credit union, and is also a non-executive director of Whitbread. Her career has also included senior roles at Adidas, Fox Network Group,...

Foot Locker is to acquire Japanese streetwear brand Atmos and US athletic footwear and apparel retailer WSS in separate deals worth approximately $1.1 billion. Atmos sells premium sneakers and apparel under an exclusive in-house label and has 49 stores around the world, including 39 in Japan. Foot Locker said the acquisition...

Greggs has returned to first half profit after the company benefited from the easing of Covid-19 restrictions in the period. In the six months to 3 July, Greggs posted a pre-tax profit of £55.5 million compared to a loss of £65.2 million in the same period a year ago. Meanwhile, total sales...

It has been reported by the BBC that Aldi has increased its wages for lorry drivers amid a chronic shortage of drivers across the industry. The supermarket chain confirmed the rise following similar incentives by grocers to attract HGV drivers. The lack of drivers has caused disruption and delays in various supply...

The owner of Michael Kors, Versace and Jimmy Choo has raised its annual forecast after its first quarter revenue and earnings significantly exceeded expectations. In a statement, Capri Holdings said full year revenue would be likely to come in at approximately $5.3 billion and that annual adjusted profit would reach around...

Selfridges has unveiled a new look for the outside of its Birmingham store with a public art commission by multi-disciplinary artist Osman Yousefzada. Famous for its bulbous blue shape and large silver disks, the building is now covered by a canvas featuring Yousefzada’s black and pink patterned design. Co-commissioned with Ikon Birmingham,...

Danish furniture retailer JYSK will have 24 shops in the UK when it opens the doors to its new store in Leeds next month. Due to launch on 26 August, the shop at South Retail Park on Tulip Street will generate 15 jobs for the local community. JYSK said the launch will...

In The Style has swung to a full year pre-tax profit of £125,000 in its first results as public company. This compares to a loss of  £2.16 million in the previous year. In the 12 months to 31 March, revenue increased by 132% to £44.7 million, which included a 108% uplift in...

Central England Co-op is to expand its trial of in-store refill stations to include body care and home cleaning products. Currently, customers are able to use the facility at its Lichfield store to buy food such as oats, porridge, rice and dried fruit as part of the Co-op’s long-term efforts to...

Music Magpie saw its revenue edge up 2.3% to £72.8 million in the first half of its financial year after sales climbed by 6.6% in the UK. In the six months to 31 May, adjusted EBITDA rose by 13.5% to £6.2 million. During the period, Music Magpie floated on the AIM market...