Gap blamed what it described as market dynamics – in other words, the huge shift to internet shopping. It’s going online-only, just like Debenhams and Sir Philip Green’s Arcadia group. It’s yet another famous name bidding a retreat from our High Streets, adding to the challenge of what to do with empty shops.
“We’ve seen from other industries which have gone through recessions, construction for example, that if you have a period...
Topshop owner Arcadia on brink of collapse
UK interest rates have been left unchanged at 5% by the Bank of England. The decision comes as prices...
Deepfake technologies have evolved to the point where it’s now easy and affordable to clone people’s looks and voices...
Mr Murray, 33, is married to Mr Ashley’s eldest daughter Anna. Before he took over as CEO last year,...
Image copyright Margaret Minto Image caption Gordon and Margaret Minto were shocked to learn that British Airways will not...
“Sadly I don’t think we’re going to see regulation in the very short term. But it certainly means that...
Investment fund RedBird IMI, which is 75%-owned by Manchester City football club owner Sheikh Mansour, who is also deputy...
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