Suppliers, ex-staff mull legal action after Missguided failure

The Guardian reported that suppliers have “filed an official complaint to the Insolvency Service and are considering legal action” over what some claimed to be “a reckless approach” by the former private equity owners.It had been part-owned by turnaround specialist Alteri until it called in administrators from advisory firm Teneo last Monday.  The owners had spent some months trying to sell the company after what the recovery driven by consumers turning to online retailers during the pandemic went into reverse when shops reopened.คำพูดจาก สล็อตเว็บตรง

The newspaper said that more than a dozen suppliers based mainly in Leicester and Manchester are owed mi…

UK e-tail gets cold weather boost, fashion is strong

The Index showed continued growth of online spending in early 2018, with smartphone spending especially strong (+38.5%). Fashion sales also managed a 14.9% rise, with accessories and footwear the top performers within this, rising 22.3% and 20.4% respectively. And health & beauty rose at the highest rate in five years (+33.85%) while gifts rose 9%.Yet the fact that more and more people are researching online rather than going there to simply buy meant that conversion rates fell to 4.2% from 4.6% a year ago. Conversion rates for both pureplay and multichannel retailers weakened, although that doesn’t necessarily mean bad news. 

The fact is that everyone is spending much more time online just browsing and so conversion rates were always bound to dip. But as the sales rise shows, …

Warpaint trading update paints picture of weak UK beauty market

The owner of the W7 and Technic brands said that, subject to audit, it expects to report revenue of £48.5 million and adjusted profit before tax of £8.25 million for the year ended December 31. We won’t know the definite figures until April.There was no other detail but the year clearly didn’t end well. Last autumn, the company had said that it anticipated full-year revenue would be in the range of £48 million to £52 million so it has come in at the lower end of those expectations. And the profit figure had been forecast to sit between £8.5 million and £10 million so the company missed even the lowest end of that forecast.

What went wrong? In the autumn update, it had blamed the UK market, which accounted for 44% of group sales in the first half of the year, saying that…

UK economy to make modest post-Brexit recovery if deal agreed

Economists mostly said a free-trade deal between the two will be made and expectations that Britain will leave on March 29 without an agreement have barely changed over the past month.Growth slumped to 0.2 percent last quarter as Brexit worries hammered investment by companies and a global economic slowdown weighed on tradeคำพูดจาก Nhà Cái Casino Online. The February 8-12 Reuters poll said it would expand at the same rate this quarter.

Polls conducted by Reuters since the June 2016 referendum decision to leave the EU have consistently said a no-deal Brexit would be the worst outcome for the British economy.The chance of a no-deal Brexit nudged up only to 25 percent in the latest poll fro…