Business

Tensions heighten: Frasers demands investigation into Boohoo’s Kamani amid loan scandal

Frasers Group has demanded an investigation and suspension of Mahmud Kamani, the executive vice chair of Debenhams Group, after he was accused of making loans to suppliers. The retail group, owned by Mike Ashley, issued an open letter to Debenhams following the publication of an article by the Telegraph last week that suggested Kamani, founder...

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Claire’s UK arm falls into administration: What’s at stake?

On the heels of a bankruptcy in the US and a receivership in France, the UK arm of Claire’s has now collapsed into administration. But as the rescue efforts mount up, what is at stake for the once prevalent teen retailer? On Wednesday, it was confirmed that advisers at Interpath had been appointed to oversee the administration process of Claire’...

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Retail

Festive shopping trends 2025: Apparel, mobiles, and electronics Lead

Jio Star has released the findings of its 2025 Festive Sentiment Survey, which indicates robust consumer confidence ahead of the upcoming festive season. The report, designed to analyse consumer behaviour in terms of spending, discovery, and purchasing, reveals that an overwhelming 92 percent of Indian consumers plan to either maintain or...

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US Tariffs impact Brazilian footwear industry: Export slowdown and job loss concerns

Abicalçados, the Brazilian Footwear Industries Association, analysed data based on figures from Secex, the Foreign Trade Secretariat. The analysis highlighted that in July, footwear exports totalled 76.74 million dollars. This represents a decrease of 11.8 percent compared to the same month in 2024. In the first seven months of 2025, exports...

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