Earlier this month, Sam Altman described the appointment of Peter Steinberger at OpenAI as one that would “drive the next generation of personal agents”. As...
I have just come back from an intense trip to Asia – including visiting Shenzhen for the first time in over a decade. Last time...
When Chancellor Rachel Reeves unveiled the 2025 Autumn Budget, the headlines were dominated by higher taxes, a mansion-tax pledge and measures to relieve the pressure...
Regular readers will know that, over the years, I have visited many shops in many countries, and regardless of where I travel to in the...
For my birthday, I received a gift card from a well-known high street fashion retailer, a thoughtful and generous present that I set aside for...
Over the last week, I’ve found myself digging into my autumn wardrobe, finding my coats and jumpers, and transitioning back towards wrapping up warm after...
Amazon in advanced talks to acquire AI startup Decart for $7bn, following recent $300m funding round. Amazon is reportedly negotiating a $7bn acquisition of Decart, an AI firm specialising in real-time video and robotics. Decart was valued at $4bn in May and recently raised $300m, with Nvidia among new investors.
Shein’s UK sales rise as local growth contrasts with global slowdown. Sales rose 26% to £2.58bn for 2025 whilst operating profit grew 28% to £39.1m. Globally, Shein’s Q2 net profit fell 66% as US and European sales declined, despite 1% revenue growth.
Poundland in advanced talks with Martin Property Group over potential acquisition. Poundland, the UK value retailer, is reportedly in discussions with Martin Property Group for a solvent takeover after being put up for sale by Gordon Brothers. Martin Property Group recently acquired NCP, highlighting its interest in retail assets.
Schuh appoints Chief Financial Officer to drive financial strategy and growth. Nick Scott has been named as Chief Financial Officer at the shoe retailer. He brings over 20 years of sector experience, including leading Footasylum’s transformation and digital expansion. He will focus on financial operations and growth.
Sanctuary Care reports revenue and profit growth as occupancy rises. The leading UK care provider saw revenue and profit increase as occupancy reached 91%. The group credits targeted marketing and stronger local authority ties for a more stable winter trading period.
Kering prepares new creative direction for Saint Laurent after Anthony Vaccarello’s departure. Anthony has stepped down from his role as Creative Director after a decade, with a successor to be announced soon. The move follows leadership changes at Gucci, Balenciaga and Bottega Veneta as Kering reshapes its luxury portfolio.
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