UK retail sales ended last year badly and they seem to have started this year in just the same way, with no let-up expected in February either. Sales volumes were flat year-on-year for the third consecutive month.
Firmenich has announced a joint investment in green packaging pioneer Loop, with the fragrance and flavours specialist having linked with sustainable investment firm Quadia to invest in Loop’s Series A equity round.
Multibrand retailer Wolf & Badger has seen a “consistent rise in overall global sales and strong performance from its flagship stores in London and New York” to give it another period of higher full-year revenues.
Asos said it delivered an “encouraging” start to its financial year when it issued a trading update on Thursday, with the four months to December 31 seeing both total group revenue and total group sales up 20%.