Under-pressure retailer Joules on Friday responded to press reports that it’s considering a CVA with a stock exchange statement that neither confirmed nor denied the news.

Made.com reported wider half-yearly losses as the British online furniture retailer struggled with higher costs and heavy discounting.

​Struggling Joules is reportedly exploring options for a company voluntary arrangement (CVA) as it seeks to cut its costs and stave off a collapse following the termination of talks for Next to take a stake in the firm.

Seamm, a start-up digitising fashion goods for virtual worlds, has raised $1.7 million in funding “to scale go-to-market activities, attract and hire top talent, and accelerate the development of its platform”.

Major London commercial property landlord GPE reported strong leasing activity during in its first half as demand for key capital spaces continues to attract retailers.

Are You Mad. No, that’s not a question but the name of Shaftesbury’s latest consumer-facing effort to promote sustainability. The London property giant has opened its first visible recycling unit on Carnaby Street.

​Next is one of the most successful UK fashion retailers, so when it downgrades profit guidance that it only upgraded last month, you know the sector as a whole is facing tough times. And that’s what it did Thursday.

​H&M Group’s nine-month report showed a 13% rise in net sales. But Q3 was very weak due to the Russia exit and “many other external challenges”, although September saw a recovery.

As Labour surges in the UK polls, it’s clearly scenting opportunity in areas the Conservatives haven’t fully addresses and has pledged to abolish business rates and introduce initiatives to ‘save the high street’.

​The countdown has begun to the opening of London's repurposed Battersea Power Station.The official launch of the new retail, leisure and residential area will begin with a five-day ‘Festival of Power’ in October.

A key section of London’s South Molton Street is to be the subject of a major multi-million-pound upgrade. The South Molton Triangle remodel will be a venture between property giants Grosvenor and Mitsui Fudosan UK.

Prisma Media, France’s leading magazine publishing group, will launch the French edition of U.S women's fashion magazine Harper's Bazaar next March, as the group announced in a press release on Tuesday.

​John Lewis is the latest retailer to launch initiatives to help customers afford their festive shopping this season with a wider returns window, click & collect tweaks and special promotions.

It may not be a merry Christmas for many in global retail as the holiday shopping season looms with a new study showing consumers are planning to spend less than last year due to inflation.

When Nigel Oddy joins up-for-sale Matalan on 3 October, the interim CEO will be expected to oversee an in-place growth strategy that’s already delivering results, with record revenues for fiscal 2023’s first half.

​British fashion retailer River Island had good news this week with the company seeing turnover up 23.2% last year at £740 million.