Monday, December 11, 2017
Sosandar update

Sosandar trading exceeds expectations since AIM float

Trading at Sosandar "exceeded expectations" in the last quarter, the same period in which the etailer entered the stock market.
Birkenstock

Birkenstock ceases trading with Amazon

Footwear retailer Birkenstock has terminated its business relations with Amazon, accusing it of breaking the law.
Oxford Street pedestrianisation

Council extends Oxford Street pedestrianisation consultation period

The consultation period on Oxford Street pedestrianisation plans has been extended, after requests more time to make submissions.
Toys R us UK

Toys R Us UK boss’ pay packet tripled in 2 years despite losses

The embattled toy retailer Toys R Us’s UK arm paid its boss over triple his previous wages a month before its US counterpart fell
Marcus Joost

Former Steinhoff CEO Marcus Joost apologises for “big mistakes”

The former Steinhoff chief executive Marcus Joost has issued and apology stating he “made some big mistakes”.
Debenhams CEO

Debenhams CEO’s first year pay packet worth £1.3m

The chief executive of Debenhams has taken home a pay packet worth £1.3 million after being in the job for a year.
Moody's

Moody’s downgrades New Look & House of Fraser amid falling sales

Department store giant House of Fraser has seen ratings agency Moody’s downgrade its status to “very high credit risk”.

November footfall rises but experts warn it’s “unlikely to signal” turnaround

Footfall throughout November peaked as shoppers took to the high street to catch Black Friday week sales.
Brexit talks

BRC welcomes “breakthrough” on Brexit negotiations

The British Retail Consortium has breathed a sigh of relief after today's "breakthrough" in Brexit talks.
retail market

UK set to be 3rd slowest growing retail market on Earth in 2018

The UK is set to become the worlds third slowest growing retail market in the world next year, as the fallout of Brexit turns sal

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