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Weeks of attacks by Iranian-backed Houthi militants on vessels in the Red Sea have disrupted shipping in the Suez Canal, the fastest sea route between Asia and Europe carrying 12% of global container...

Weeks of attacks by Iranian-backed Houthi militants on vessels in the Red Sea have disrupted shipping in the Suez Canal, the fastest sea route between Asia and Europe carrying 12% of global container traffic. For the European economy, already skirting a mild recession as it tries to shake off high inflation, prolonged disruption would be a new risk to its outlook and could derail plans by central banks to start cutting interest rates this year. WHAT HAS BEEN THE IMPACT ON THE EUROPEAN ECONOMY ...

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Pepco said it already has shipping contracts in place until the middle of the year, but that it had been hit by "additional surcharges" from some of its carriers as ships are routed around the Cape of Good Hope

Pepco Group has reported a 2.3% fall in underlying sales in the Christmas quarter but said it gross margin had improved.

For all the latest fashion retail people moves bookmark this page Find your perfect fashion role at Drapers Jobs Click on the headlines below for more

For all the latest fashion retail people moves bookmark this page Find your perfect fashion role at Drapers Jobs Click on the headlines below for more

For all the latest fashion retail people moves bookmark this page Find your perfect fashion role at Drapers Jobs Click on the headlines below for more

Pepco Group, which owns Poundland in the UK, revealed profits fell 35.8% to £126m for the 12 months to the end of September.

Pepco Group posted a 35.8% fall in reported pre-tax profits to 147 million euros (£126 million) for the year to September 30.