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BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

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British fashion retailer Next adds FatFace to growing stable of brands, ET Retail - Vimarsana News

British fashion retailer Next adds FatFace to growing stable of brands, ET Retail

Last year, Next bought fashion retailer Joules, furniture brand Made.com, and a minority stake in baby goods retailer JoJo Maman BeBe. Next said on Friday it will pay FatFace's current owners, a consortium of financial institutions including Alcentra and Lloyds Banking Group, a combination of cash and new Next shares.

UK firms issue more profit warnings amid 'recession-like' climate - Vimarsana News

UK firms issue more profit warnings amid 'recession-like' climate

Companies listed on UK stock markets issued 75 profit alerts between January and March, according to a report by EY-Parthenon.

EY probed by watchdog over audit of collapsed Made.com - Vimarsana News

EY probed by watchdog over audit of collapsed Made.com

The ‘big four’ accounting giant is under investigation over its evaluation of the retailer’s 2021 accounts.

Next targets more takeovers as it defies economic turmoil with surging profits - Vimarsana News

Next targets more takeovers as it defies economic turmoil with surging profits

NEXT again showed why it is the king of the high street today with a leap in profits that defy the consumer slowdown and leave it set for more acquisitions of rivals.