Brexit

Tesco announced record sales over Christmas, reporting that in 2020, the sales of vegan Christmas alternatives surged, with the retailer’s largest-ever plant-based festive ranges showing significant increases in interest. This is in line with GlobalData’s research which shows that...

For the majority of businesses in Britain, the break with the EU was damaging for businesses and may yet undermine the UK’s economic recovery. When it comes to Brexit, what are retailers themselves saying? A letter signed by almost 200...

The UK’s historic vote on June 23 to leave the EU surprised many, both in Britain and mainland Europe. Businesses are coming to terms with the implications, especially given the uncertainty surrounding the exit process and how this will...

British luxury fashion label Burberry has reported only a slight increase in retail sales in Q2 – 2 per cent. The increase is largely due to the fact that tourists are taking advantage of the weaker pound due to...

Britain's largest grocery chain, Tesco, has dropped dozens of Unilever products from its website after a row over prices in the wake of a partly Brexit-driven slump in the British currency. Some of the products whose stocks are dwindling include Marmite, Ben & Jerry’s ice-cream and Lynx...

Textile machinery manufacturers' body India ITME Society does not see any immediate threat from Brexit, its Chairman Sanjiv Lathia has said. "England is not a big buyer of textile machinery. Textile manufacturing moved away from England long ago to China....