Boohoo has denied Mike Ashley a vote on a £150m bonus scheme for its CEO.
The retailer’s board, which was renamed as Debenhams Group earlier this year, said it planned to approve the scheme without a shareholder vote.
The move means Ashley will be unable to vote on the proposals.
Boohoo claimed that a “major competitor” and a “significant shareholder” had set out to “disrupt Debenhams Group’s growth strategy and operations” by voting against
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Boohoo prevents Mike Ashley from voting on CEO’s £150m bonus
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Amazon accused of listing goods from other websites without consent
Online retailer Amazon has been accused of listing items from independent retailers without their permission.
The ecommerce giant has listed some independent retailers’ full inventory on its website without seeking consent, four business owners told the Financial Times, allowing customers to shop via Amazon instead of directly purchasing goods.
Two independent retailers told the publication they also received orders for items that were either out of stock or mispriced and mislab -
Tala losses widen as revenues climb
Activewear brand Tala saw losses widen in its latest annual results, despite sales growth.
The company’s operating loss came in at £2.6m for the year to 31 March 2025, compared to a £983,331 loss the year prior.
Revenues were up 19% to £19.8m over the period, which it attributed to continued direct-to-consumer growth as well as improved wholesale performance.
Gross margin stood at 58% over the period.
The brand’s wholesale operations performed eight time -
Topps Tiles posts fifth straight quarter for sales growth
Topps Tiles has reported solid trading in the first quarter, delivering its fifth consecutive quarter of like-for-like growth as it outperformed the wider tiles market.
In the 13 weeks ending 27 December 2025, the tile specialist, excluding its newly acquired CTD Tiles Limited, saw revenues rise 3.7% year on year.
The core Topps Tiles brand grew sales by 2% on a like-for-like basis, up 3.7%, boosted by growth in its “Mission 365” category extensions.
In 2024, the group acquired the b -
UK festive spend almost hit £20bn
Shoppers spent £19.6bn during the four weeks of the festive period to 27 December, with total till sales growing by 3%, according to the latest figures from NielsenIQ (NIQ).
E-commerce as the fastest-growing channel, with an increase of 9.9%. Ocado remained the fastest-growing retailer, with sales going up by 12.8% due to the surge in online sales.
Lidl experienced a 9.4% increase in sales, making it the fastest-growing brick-and-mortar supermarket.
Sainsbury’s, Waitrose and M&S -
Waitrose to open first South West distribution hub in £1bn supply chain push
Waitrose is set to open its first distribution centre in the South West, creating more than 550 jobs as part of a wider overhaul of its supply chain.
The 360,000 sq ft site in Avonmouth, Bristol, will open in early 2027 and be operated by DHL, serving around 50 existing Waitrose shops in the region, while recruiting around 480 warehouse staff and 80 drivers.
The new site forms part of a multi-year £1bn investment programme across the Waitrose brand, which includes upgrading all 317 stores -
Sainsbury’s launches two-year grad scheme
Sainsbury’s is launching a new graduate programme, designed to support early career professionals in “developing the essential skills all future retail leaders will need”.
The FutureMaker programme enables graduates to spend two years at Sainsbury’s, developing critical skills in four areas, identified as the skills shaping the future of retail: digital and AI, data and analytics, change and transformation and business decision making.
The three-part programme will -
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Amazon accused of listing products from independent shops without permission
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Pop Mart opening new manufacturing sites
Chinese toy retailer Pop Mart is set to bolster its global expansion with new manufacturing facilities in Cambodia, Mexico and Indonesia to meet soaring global demand, Reuters reported.
The firm, which is famous for its viral Labubu dolls, currently does not run its own factories and works with local manufacturing partners.
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ASH urges retailers to prepare for Smokefree Generation Law
The CEO of Action on smoking and health (ASH) Hazel Cheeseman has written an open letter to retailers across the UK ahead of the smokefree generation age-of-sale law taking effect on 1 January 2027.
The letter sets out what the change will mean for businesses, communities and public health, and urges the sector to treat the policy as “a manageable transition with long-term benefits for business and public health”.
Under the measure, it will be illegal to sell tobacco to those born on -
Crew Clothing profit jumps as sales climb
Crew Clothing saw profits and sales soar in its latest annual results.
The fashion brand, which relocated its head office last spring, saw pre-tax profit shoot up 65.1% year on year to £25.6m for the 52 weeks to 29 December 2024. This compared to £15.5m during the previous period, which the brand noted was a 53-week one.
Adjusted EBITDA jumped 31.7% to £24m, driven by a strong sales performance, while operating profit was up 56.7% to £24.3m.
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Asos bolsters brand portfolio with Noughts & Kisses acquisition
Asos is adding fashion retailer Noughts & Kisses to its brand portfolio later in 2026.
Noughts & Kisses is due to launch at the online retailer at the end of the first quarter of the year, Drapers reported, as it debuts a 30-piece collection for the spring season.
Speaking to the publication, Noughts & Kisses said its first Asos collection had been curated to “represent the full Noughts & Kisses aesthetic”, and features a range of its signature styles across tail -
Next expects profits to top £1.1bn after bumper festive sales
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Asda saw sales fall over Christmas period
Asda’s sales decreased by 4.2%, during the 12 weeks to 28 December 2025.
According to the year-over-year data from Worldpanel by Numerator, Co-op also saw a sales fall of 1.3% during the period.
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Aldi and Lidl grab record Christmas sales share as Asda and Co-op slide
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Next profit could top £1.1bn after strong Christmas
Next saw stronger than anticipated revenues during the Christmas period.
Full price sales grew 10.6% over the nine weeks to 27 December compared to 2024, putting them ahead of its guidance for the quarter of 7%.
Full price UK revenues increased by 5.9% during the festive period, as international sales climbed 38.3%.
Next said the revenues were boosted by higher stock levels than the year before when deliveries were held up by disruption in Bangladesh.
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Claire’s and The Original Factory Shop on the ‘brink of collapse’, says report
High street stores Claire’s and The Original Factory Shop (sometimes known at TOFS) could be set to close, risking more than 2,000 jobs, according to a report by Sky News.
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The two retailers are owned by investment firm Modella Capital. They have around 300 stores and about 2,500 staff.Related Sto -
Inflation to ‘remain sticky’, warns BRC
UK shop price inflation rose slightly in early December as food prices increased at a faster pace.
According to the latest figures from the British Retail Consortium (BRC), which covered the period 1–7 December 2025, overall shop price inflation reached 0.7% year on year in December, up from 0.6% in November and in line with the three-month average.
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