Why Asos needed to sell Topshop to pay its debts
Three years after buying the British high street brands Topshop and Topman from Phillip Green’s collapsed Arcadia empire, Asos has said it will sell 75 per cent of its stake…
Three years after buying the British high street brands Topshop and Topman from Phillip Green’s collapsed Arcadia empire, Asos has said it will sell 75 per cent of its stake…
The UK’s competition watchdog has launched a probe into Ticketmaster’s sale of Oasis concert tickets, including the platform’s use of so-called “dynamic pricing”. The Competition and Markets Authority (CMA) said…
Lord Alan Sugar, the star of BBC One hit The Apprentice, has been accused of treating Parliament with “contempt”. The business tycoon was told “You’re fired” in a row over…
A significant 88 per cent of all investment trusts are now trading on a discount to their underlying assets, City A.M. can reveal. The gap between the share price of…
Department store chain John Lewis is to bring back its famous ‘never knowingly undersold’ price pledge in a major U-turn. The national retailer has made the move after ditching the…
Guy Ritchie has made a short film to promote this month’s bumper boxing card at Wembley headlined by Anthony Joshua’s fight with Daniel Dubois. Joshua, Dubois, Hamzah Sheeraz, Josh Kelly,…
British travel agency Thomas Cook has been acquired by a Polish tech firm, marking its return to Europe after spending four years under Chinese ownership. The acquisition by eSky, a…
PwC UK has ordered staff to spend more time in the office and meet clients in person, as the accounting giant becomes the latest firm to adopt tighter rules on…
Marketers’ trust in Elon Musk’s X as an effective platform for advertising has plummeted since 2022, with advertisers anxious about the “brand safety” that the controversial social media channel offers.…
The only thing “record-breaking” about the latest clean energy auction is the subsidies Ed Miliband’s thrown at it. Time to level with taxpayers about the true cost of net zero,…