Latest finance news
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NewsThe Original Factory Shop collapsed into administration owing suppliers ÂŁ9m
The Original Factory Shop collapsed into administration owing suppliers millions in unpaid-for stock and other debts, Retail Week can reveal.
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NewsFreemans hails âexceptionalâ golden quarter despite flat Q4
Freemans said it witnessed âexceptional growthâ across all departments in the run-up to Christmas, despite overall retail sales in its fourth quarter slipping 0.3%.
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NewsQuiz collapses into administration with over 100 jobs to be lost
Fashion retailer Quiz has collapsed into administration this afternoon (February 5), putting 565 jobs at risk.
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NewsâFrasers Group acquires majority shareholding in Italian retailer
Frasers Group has entered a strategtic partnership by acquiring a majority sharedholding in an Italian retailer as it continues with European expansion.
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NewsThe Original Factory Shop axes a third of head office staff
The Original Factory Shop has made a third of its total head office staff redundant less than a week after it collapsed into administration, Retail Week can reveal.
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NewsAmerican Golf snapped up by Dragonsâ Den starâs investment group
American Golf has today [February 4] been acquired by the investment group of Jessopâs owner and Dragonâs Den star Peter Jones for an undisclosed fee.
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NewsWatches of Switzerland updates outlook following strong peak trading
Watches of Switzerland has upgraded its full-year guidance after better-than-expected sales during the peak trading period.
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NewsWeird Fish delivers ârecord-breaking yearâ after strong Christmas sales
Weird Fish has celebrated its strongest Christmas in its 33-year history as sales over the peak trading period topped ÂŁ13.5m.
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NewsOcado director joins board of B&Q owner Kingfisher
The chief financial officer of online retail and tech group Ocado has been appointed to the board of DIY giant Kingfisher.
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News2025 saw highest number of new female retail leaders on record
As new appointments to retailâs top jobs nearly doubled, UK retail firms picked more women than ever to take leadership positions with many of them first-time CEOs, Retail Week can reveal.
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NewsRituals sees sales rise as it opened over 200 stores in 2025
Luxury cosmetics brand Rituals has seen sales rise in 2025 as it opened over 200 boutiques globally.
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NewsDusk reaches record profitability over December
Dusk.com has posted a record Christmas trading performance and revenue boost.
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NewsLeviâs reports strong European trading driven by DTC
Jeans brand Leviâs has reported that net European revenues increased by 8% or 10% on an organic basis, powered by its growing direct-to-consumer (DTC) business
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NewsOcado shares dive as Canadian partner closes warehouse
Ocado Solutions has suffered another setback after it announced that Canadian partner Sobeys would be closing one of its automated fulfilment sites.
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NewsNaked Wines peak trading âin line with expectationsâ despite plummeting sales
Naked Wines said it had delivered a âsuccessfulâ peak trading period across all its markets, despite sales plummeting 19% in the run-up to Christmas.
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NewsNot on the High Street acquired by private equity house
Notonthehighstreet, the online marketplace of small and independent brands, has been sold for an undisclosed sum.
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NewsLK Bennett snapped up out of administration by Poundland owner
Fashion retailer LK Bennett has been acquired out of administration by the owner of Poundland and Laura Ashley.
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NewsTOFS chair left with âno choiceâ but to appoint administrators
The Original Factory Shop chair has said he was left with âno choiceâ but to put the business into administration after talks with prospective buyers for the brand collapsed, Retail Week can reveal.
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NewsCard Factory âon trackâ despite challenging conditions
Greetings cards specialist Card Factory expects to meet revised profit targets despite a fall in store sales over Christmas.
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NewsPets at Home suffers quarterly sales fall
Pets at Home has reported a decline in quarterly sales but said it will still meet full-year profit expectations.