Asos buys Topshop, Topman, Miss Selfridge and HIIT brands

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ASOS has announced it is paying a total of £330m for the Topshop, Topman, Miss Selfridge and HIIT brands, plus stock following the collapse...

UK contactless limit could be raised to £100

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The upper limit on contactless payments could be increased to £100. You can currently touch and pay with Contactless for amounts up to £45 without...

Majority of Paperchase High Street stores could be saved

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High street stationery chain Paperchase could be salvaged this week in a pre-pack rescue deal led by private equity giant Permira. According to Sky News...

Klarna launches new campaign to celebrate consumers, support regulation and challenge the status quo

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Klarna UK has launched a campaign, championing consumers who are managing their spending responsibly, supporting regulation and challenging common stereotypes. With a series of eye-catching...

Asos moves for TopShop, Topman and Miss Selfridge

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Online fashion retailer Asos is in 'exclusive' talks to buy a number of the UK’s best-known high street brands including Topshop, Topman and Miss...

Boohoo buys Debenhams brand for £55m but all physical locations to close

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Fashion retailer Boohoo Group has paid £55m to acquire the brand of Debenhams - the deal includes the brand name, in-house brands, intellectual property...

Discounted deals increase by 16% across the retail sector in 2020, as lockdown pushes...

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Figures from deal sharing website, hotukdeals, have revealed that discounts, offers and sales rose by 16% in 2020, as lockdown restrictions pushed retailers to...

Low ABV alcohol startup CleanCo has spirits lifted with £7M cash injection

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British premium low-alcohol spirits startup, CleanCo, has secured £7 million in funding as investors and consumers reveal an insatiable thirst for hangover-free drinking. The...

Boohoo sales soar during Covid

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Online fashion retailer Boohoo today reported surging sales during the recent Covid-19 pandemic. Sales which had been expected to increase by 29% actually came...

Administrators complete sale of Bonmarche

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The Joint Administrators of BM Retail Limited (t/a Bonmarche) have completed the sale of the businesses to Purepay Retail Limited, which is backed by...