Budget retailer Penneys/Primark has seen annual earnings jump by more than 50pc in spite of an early summer weather hit to sales. Owner Associated British Foods reported a 53pc rise in operating ...
Jigsaw has faced financial adversity this past year. The fashion retailer reported a pre-tax loss of £3.6m, contrasting a previous profit of £816,000. The company’s sales edged upward slightly from ...
With average prices above those of Zara, H&M, and Primark, Asos operates in the midmarket segment, which has been underperforming in recent years, as it lacks the value proposition of low-cost peers ...
The former company sued Temu in Britain last year, alleging it breached copyright by using thousands of images from Shein's website to advertise and sell its products.