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NEXT upgrades profit forecast after strong second quarter

NEXT has increased its full-year profit guidance by £25m after second-quarter full-price sales significantly exceeded expectations. Full-price sales rose by 9.2 per cent during the…

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hessnatur acquired by Wourth group

Wourth Group has announced the acquisition of  German organic fashion and home products brand hessnatur for an undisclosed fee. Founded in 1976, hessnatur develops and…

CDS Superstores secures £190m growth facility

CDS Superstores has secured a £190m asset-based revolving credit facility to support further investment in its stores, technology and supply chain. The parent company of…

New EU AI Rules may affect UK businesses

Businesses in the UK, US, Australia and other markets are being urged to review the artificial intelligence tools they use after new transparency obligations under…

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