Footasylum sees revenue soar while profit takes a hit
Footasylum, the popular footwear and sportswear retailer, has announced its financial results for the full year ending 28 January 2023.…
All articles by Mohamed Dabo
Mohamed Dabo
Mohamed Dabo is a seasoned journalist with extensive experience in financial reporting. He brings a wealth of knowledge from his previous work in the United States and France, along with his numerous contributions to business and financial publications over the years.
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Radio Shack is coming back
In a surprising turn of events, a beloved retailer from the 1980s is making a triumphant return to the retail…
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Shein’s public offering tied to labour assurance
Fashion giant Shein is facing mounting pressure from state officials, who are calling on the company to provide concrete evidence…
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Sainsbury’s unveils sweeping packaging changes across 400 stores
Sainsbury's is taking a significant step towards sustainability by introducing substantial packaging changes across more than 400 of its stores.…
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Wilko’s failed rescue bid sparks job losses and retail turbulence
In a significant blow to the UK retail sector, a rescue bid to acquire the entire Wilko business has collapsed,…
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French investor Iroko Zen buys Woodie’s DIY Waterford for €9.8M
French investor Iroko Zen has expanded its presence in the Irish investment market with the successful completion of its seventh…
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Natura & Co weighs The Body Shop sale amid revenue drop
Brazil-based beauty conglomerate Natura & Co is weighing the possibility of selling The Body Shop, following a string of declining…
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Best Buy beats sales expectations, remains cautious about tech demand
Best Buy outperformed Wall Street’s sales expectations for the second quarter of the fiscal year ending 29 July. However, the…
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Retailers tackle holiday shopping season amidst uncertainty
As the back-to-school season comes to a close, retailers are gearing up for the critical holiday shopping season. However, with…
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Rescue bid emerges for Wilko amidst financial turmoil
A lifeline has appeared on the horizon for struggling retail chain Wilko as private equity firm M2 Capital steps up…