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Retail

Revolution Beauty defies Boohoo as board reinstated despite attempted coup
North West
A further meeting will be held where Boohoo will try to get three directors added to the board
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Boots to close 300 stores despite better online sales and shoppers spending on own-brands and No7 skincare
Retail & High Street
There will be 1,900 branches left across the º£½ÇÊÓƵ from a base of 2,200
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Law firm Clarke Willmott names head of retail and leisure
Appointments
Amanda French joined the Bristol office last year as partner
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JD Sports' shareholders voice opposition to ex-Amazon executive's board role
North West
Mahbobeh Sabetnia has also held positions at McDonald's, HSBC and Mars
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PE & VC specialist Alidad Moghaddam named as chief executive of Blue Light Card
Technology
In 2022 Blue Light Card saved its 3m members more than £250m at places such as Toby Carvery, Cineworld and Halfords
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Hotter Shoes owner Unbound Group takes itself off the market after no offers were made
North West
The group is now hoping to raise up to £2m
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JD Sports keeps eyes on £1bn profit as sales grow
North West
Last month, JD Sports eyed up an acquisition of France’s sportswear and trainer retailer Courir for nearly £450m
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Part One of the BusinessLive East Midlands Top 500 Companies List 2023 – Numbers 500-351
East Midlands Top 500
List is compiled by researchers from the Business Schools at De Montfort, Derby and Nottingham Trent universities
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Mike Ashley's Frasers Group ups AO stake for a third time
North West
The owner of House of Fraser and Sports Direct is AO's largest shareholder
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Pets at Home launches £50m shares buyback move
North West
Pets at Home said the only purpose of the move is to reduce its share capital
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Cornwall's Origin Coffee expands into Bristol alongside featuring in FEBE Growth 100 list 2023
Food and Drink
The Porthleven-based business will open its first branch outside of London and Cornwall
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Unexpected boost to retail as petrol prices drop and warm weather brings out shoppers
Retail & High Street
However, people were still spending less in supermarkets because of higher prices
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Hotter Shoes owner Unbound Group issues statement over emergency restructuring plans
North West
'The board will continue to provide further updates as appropriate'
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Thatchers Cider reports strong year with £155.5m turnover
Company Results
The Somerset business is best known for brands including Thatchers Gold and Thatchers Haze
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Boohoo shareholders revolt over executive bonuses as fashion giant eyes return to profit
North West
Chief executive John Lyttle was handed a £650,000 bonus last year despite the group racking up losses of over £90m
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South West vineyards perform well in The WineGB Awards 2023
Food and Drink
Cornwall, Devon and Hampshire, gained 19 medals each, closely followed by Wiltshire (14 medals) Dorset (13 medals)
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Matalan secures extra £25m to fund growth ambitions
North West
Matalan was founded by John Hargreaves
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Haven cleans up by the pool as it turns to Splash About's Happy Nappy as exclusive supplier
Environment
Disposables dumped as º£½ÇÊÓƵ holiday park operator subsidises sales of award-winning reusable infant option
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Former THG boss joins Boohoo's attempted boardroom coup at Revolution Beauty
North West
Boohoo first invested in Revolution Beauty in August 2022 and further upped its stake in November last year
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Billionaire's hedge fund sells almost entire Boohoo stake after shares drop
North West
Mike Ashley's Frasers Group acquired a stake in Boohoo earlier this week
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THG shareholders voice opposition to re-election of long-standing board member
North West
Iain McDonald is also a board member at fashion giant Boohoo
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Revenue climb fails to halt drop in profit at Halfords
West Midlands
Bike and car part retailer sees pre-tax profit drop by 55 per cent as customers reject ‘big ticket' items amid cost-of-living crisis
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Nationwide promises to keep high street branches open until 2026
Retail & High Street
The Swindon-headquartered building society has 605 branches across the country
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Revolution Beauty brands Boohoo's attempted coup as 'value-destructive, opportunistic and self-serving'
North West
Earlier this week, Boohoo launched a campaign to vote the chief executive, chief financial officer and chairman of Revolution Beauty off the board
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