Page 43 - Simon Wolfson News Today

The high street firm said that it hopes its infrastructure capabilities can serve as a ‘launch pad’ for Reiss’s growth plans in the UK and…

The high street firm said that it hopes its infrastructure capabilities can serve as a ‘launch pad’ for Reiss’s growth plans in the UK and…

British clothing retailer Next has agreed to buy a 25% stake in upmarket smaller rival Reiss and has an option to secure majority control, it said on Wednesday.

    Claudia Arney is the Chair of the Company. Her previous non-executive experience includes; chair of the remuneration committee at Halfords plc, senior independent director of Telecity Group plc, governance committee chair at Aviva plc, non-executive director at Ocado Group plc and non-executive director and interim chair of Premier League.   Claudia began her executive career at McKinsey & Company, before holding roles at Pearson, the Financial Times, Goldma...

Deliveroo will make £50m of shares available to its customers in its forthcoming IPO as part of a community offer.

Fund will aid restaurants and riders – but union warns that IPO may come at couriers’ expense

Lord Wolfson joins calls for reform of business rates

Rishi Sunak is facing a furious backlash from the High Street after the Treasury confirmed it is delaying the final report on its review of business rates until later this year.

Retail, hospitality and leisure operators are currently benefiting from a business rates holiday for the current financial year.

BBC News By Simon Jack Business rates for High Street retail stores should be slashed by 35%, according to the boss of one of the UKs biggest retail chains Next. Lord Simon Wolfson says that unless the government sets rates at a level that is fair, a huge number of shops will have to close unnecessarily. He said the current system was "unfair" to bricks and mortar retailers, many of whom are struggling in the pandemic. The Treasury said it is conducting a "fundamental review" of the system. M...