Retail

Nestlé Expands Offerings with Protein Products Targeted at Weight-Lo...

Highlights:,New Product Launch:,Nestlé unveils Boost Pre-meal, a protein shot designed to support users of weight-loss medications.,Focus on GLP-1 Mar...

JD Wetherspoon Chief Criticizes Guinness Maker Diageo Amid Supply Sh...

Highlights:,Guinness supply shortage has led to rationing in pubs across the UK, affecting consumer access to the iconic stout.,JD Wetherspoon’s chair...

Marston’s Pub Group Increases Pint Prices to Offset National Insuran...

Highlights:,Price Hike for Pints:,Marston’s introduces a 10p increase per pint to offset higher national insurance costs.,Rising Business Pressures:,T...

Guinness Shortages Force UK Pubs to Ration Amid Festive Rush

Highlights:,Pubs Face Guinness Shortages:,Panic buying and a surge in demand have led to rationing of Guinness in the UK, with some pubs running out o...

Canal+ Shares Plunge 19% After London IPO Amid Market Volatility

Highlights:,Canal+ Shares Tumble:,The French TV and film company’s shares dropped 19.2% on its first trading day in London.,Valuation Decline:,Initial...

Frasers Group Granted Approval for Controversial 3.3 Million Sq Ft H...

Highlights:,Massive Development Approved:,Frasers Group secures planning permission for a 3.3 million sq ft headquarters near Rugby, including warehou...

Portmeirion Faces Challenging Year Amid Weak Sales and Supply Chain...

Highlights:,Annual revenues are projected at £90 million, impacted by supply chain issues and reduced demand in key markets.,Sales in the US and South...

Boohoo Rejects Mike Ashley’s Board Nomination Amid Intensifying Tens...

Highlights:,Boohoo firmly opposes Mike Ashley joining its board:,The retailer stated it would not accept his appointment “under any circumstances.”,Fr...

Proxy Advisers Oppose Mike Ashley’s Proposed Appointment to Boohoo B...

Highlights:,Glass Lewis and ISS recommend rejecting Frasers Group's proposal for Mike Ashley to join Boohoo's board.,Concerns raised over potential co...

Currys Warns of Price Increases Amid Rising Operational Costs

Highlights:,Costs to rise by £32 million annually due to Budget measures including higher national insurance and minimum wages.,Currys plans cost-savi...

De La Rue Shows Resilience with Record Currency Orders Despite Profi...

Highlights:,Adjusted operating profit dipped slightly to £7.3 million in the first half of 2024, down from £7.9 million.,Currency order book surged to...

Diageo Set for 2025 Turnaround with Tequila and Whisky Driving Growt...

Highlights:,UBS upgrades Diageo to 'buy' with growth prospects in Tequila and whisky brands leading the charge.,US spirits sector expected to rebound...

Marks & Spencer Experiences Festive Sales Surge in Grocery Sector

Highlights:,Marks & Spencer grocery sales increased by 10.6% year-on-year in the lead-up to Christmas, as reported by NIQ.,Kantar highlighted that nea...

SSP Group to Launch Travel Food Services IPO in Strategic Push into...

Highlights:,SSP Group plans an IPO for its Indian joint venture, Travel Food Services (TFS), targeted for spring 2025.,SSP to increase its stake in TF...

Inditex Reports Strong Profit Growth and Launches Logistics Expansio...

Highlights:,Inditex's pre-tax profit rose 9.9% to €5.8 billion during the first nine months of the year.,Sales increased by 7.1%, with strong performa...

British American Tobacco Targets Growth with New Category Products a...

Highlights:,Revenue and adjusted profit align with low-single-digit organic growth guidance.,Profitability in non-tobacco products, such as vapes and...

Boohoo Urges Shareholders to Reject Frasers Group Board Bid Amid Lea...

Highlights,Boohoo opposes Frasers Group’s attempt to secure board seats, citing conflicts of interest.,Proxy advisor ISS recommends shareholders rejec...

Inspecs Group Shares Drop Amid Slower Sales Growth and Deferred Orde...

Highlights,Inspecs Group shares fell 18% after weaker-than-expected fourth-quarter sales growth.,Annual revenue forecast lowered to £197 million, with...

Inditex Poised for Possible Guidance Upgrade Ahead of Q3 Results

Highlights,Inditex’s third-quarter results on 11 December could bring an upgrade to its full-year outlook.,UBS forecasts 11.5% sales growth in Q3, wit...

Marks & Spencer’s Marble Arch Redevelopment Gets Government Approval

Highlights,Government overturns block on Marks & Spencer’s flagship Marble Arch redevelopment plans.,Project to rejuvenate Oxford Street with a new fl...