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Starbucks is reportedly exploring a potential sale of its UK business as it faces increasingly tough competition and changing customer habits. The world’s biggest coffee chain has been hit hard by lockdown measures around the world. Starbucks said it was “not in a formal sale process for the UK business”. The firm will...

German Doner Kebab has made a new appointment to its leadership team to support the fast-casual brand’s ambitious growth plans. Dr Thorsk Westphal joins as Chief Marketing Officer amidst the organisation’s plans to open 106 new GDK restaurants globally during 2022.  Prior to his arrival at the fast-casual brand, Thorsk has had...

Cosmetics brand Smashbox is to exit its UK and Ireland market later this year following numerous challenges. Founded in Los Angeles in the mid-1990s by brothers Dean and Davis Factor, the grandsons of famous make-up artist Max Factor. the company was acquired by Estee Lauder in 2010. The company has now stopped...

Thousands of Next’s workers have been underpaid over several months after the bungled implementation of new payroll system back in February. According to The Sunday Times, the retailer has also deducted pension payments from some staff without investing them in their retirement pots. However, some staff  have been overpaid in some instances...

Tortilla saw its group revenue climb by 60% to  £26.9 million in the six months to 3 July compared to the corresponding period in 2019.  On a like-for-like basis, revenue increased by 19% on pre-pandemic levels. During the period, the group acquired Chilango for £2.75 million which added eight sites to its...

Frasers Group has banned staff from working at home on Fridays after some employees were found to be posting too frequently on social media. According to The Sun, the parent company of Sports Direct, Flannels and House of Fraser has put an end to its flexible Friday policy that was introduced...

Moonpig, the online card and gift platform,  has teamed up with personalised baby brand My 1st Years to offer a new range of baby and toddler gifts. Exclusive to Moonpig, the range of 18 gift sets features baby blankets, books and plush toys which have all been specially curated to  complement...

Crew Clothing posted strong sales growth in 2021 with turnover increasing by 40% year-on-year to £82.7 million. In addition, turnover was up 22% on 2019 as ecommerce sales grew by 14% versus 2020 and by 68% on a year earlier. Meanwhile, EBITDA climbed by 80% to £16 million compared to 2020 and...

Burberry has increased its first quarter comparable store sales by just 1% after trading was impacted by Covid-19 lockdowns in mainland China. When sales in the country were excluded, there was an uplift 16%. In contrast, comparable store sales in Burberry’s EMEIA region rose by 47%. During the 13-week period ending 2...

In partnership with Roblox, Burberry has launched a virtual collection of handbags influenced by the brand’s “longstanding affinity for nature and the outdoors”.  Drawing inspiration from Burberry’s signature Lola bag, the limited-edition virtual range consists of five unique handbags in playful designs. Crafted from materials like clouds, water and wild foliage, the...