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.
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 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 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 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 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 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 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.
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 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.