Monday, May 20, 2024
Farfetch

Farfetch faces winding up petition amid claims founder ‘destroyed’ value to rush takeover

Farfetch is facing a winding up petition amid accusations its founder José Neves "destroyed its value" during the lead up to £396m rescue deal of the retailer in January.
Amazon

Government demands Amazon unfreezes funds to hundreds of merchants

Government minister Kevin Hollinrake has demanded Amazon unfreezes funds it is holding back from hundreds of sellers under new VAT checks that have left businesses facing possible bankruptcy.
Shein

Shein accused of breaching its own legal settlements

Shein has been accused of breaking its own legal settlements and continuing to sell lookalike goods despite vowing to stop.
Amazon

Amazon profits triple as focus on ‘customer experience improvements’ pays off

Amazon full-year profits have tripled thanks to the online giant's "continued invention and customer experience improvements" across the business.
Farfetch

Farfetch completes Coupang sale despite investor backlash

Farfetch has completed the sale of its business to South Korean ecommerce giant Coupang through a pre-pack administration deal.
Secret Sales CTO

Secret Sales hires new chief technology officer

Secret Sales has hired Anthony Farrow as its new chief technology officer as it looks to strengthen its digital platform amid its ongoing European expansion strategy.
Freemans

Freemans enjoys strong Christmas as sales rise

Freemans reported a “strong” Christmas as sales edged up over the golden quarter thanks to its ongoing digital transformation strategy.
Studio

Studio Retail swings to profit under Frasers ownership

Studio Retail has returned to profitability a year after it was acquired out of administration by Frasers Group.
Matchesfashion

Matches CCO Carl Tallents steps down

Matches chief commercial officer Carl Tallents has stepped down from his role following last month's acquisition by Frasers Group.
Boohoo

Boohoo denies it broke ethical promises after Panorama exposé

Boohoo boss John Lyttle has denied accusations the retailer went back on its promises to produce its clothes fairly and ethically following an investigation by BBC's Panorama.

Feature Resource

Why a reliable store systems support partner is a must for...

A reliable store systems support partner is one of the most important requirements for high street retailers Every retailer has experienced the chaos that occurs...

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