UK retailers have reported the steepest fall in shop prices in three years as unseasonably wet weather in September pushed stores to offer significant discounts in a bid to attract shoppers. According to the latest figures from the British Retail Consortium (BRC) and NielsenIQ, shop prices dropped by 0.6% year-on-year, compared to a 0.3% fall in August. This marks the ...
Mulberry, one of Britain’s most iconic luxury brands, has turned down an £83 million takeover bid from Mike Ashley’s Frasers Group, stating it did “not recognise the company’s substantial future potential value.” The board of Mulberry said it had carefully considered the offer, consulting with its majority shareholder, Challice, which holds 56.1% of the company and is controlled by Malaysian ...
eBay UK has announced the removal of selling fees for private sellers across all categories except motors, as part of its ongoing efforts to streamline and enhance the marketplace experience. Private sellers will no longer have to pay final value or regulatory operating fees, making it easier and more profitable to sell on the platform. This move follows eBay UK’s ...
The Pentagon announced on Monday that it is sending a ‘few thousand’ U.S. personnel to the Middle East to support Air Force squadrons a day after President Biden vowed not to send combat troops to the region. Speaking at a press gaggle with reporters on Monday, Pentagon spokesperson Sabrina Singh said the U.S. was sending a ‘few thousand’ more troops ...
Ministers in Israel’s Political-Security Cabinet in the early hours of Tuesday morning local time agreed on an operational strategy for Israel’s ‘limited’ invasion into Lebanon, but tensions were high after officials were reportedly frustrated that the news of the operation had been leaked hours before they even met. An unnamed U.S. security official confirmed to Fox News and other ...