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Frasers Group acquires Harvey Nichols and hints at big changes
Harvey Nichols has been acquired out of administration by Frasers Group for an undisclosed sum. The deal includes all of the luxury retailers’ UK stores,…
Harrods returns to profit despite rising costs
Harrods has returned to profit despite continued pressure across the global luxury market and rising staff and distribution costs. The Knightsbridge department store reported pre-tax…
Bad returns cost retailers customers as nine in ten shoppers say they won’t buy again
Almost nine in ten consumers say the returns window influences whether they buy from an online retailer, while more than nine in ten say a…
Two thirds of Google searches now end without a click as AI reshapes product discovery
More than two thirds of Google searches now end without a click to an external website, rising to around 80 per cent when AI-generated summaries…
