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Crocs US sales tumble as shoppers choose trainers
Posted onAdam Hancock & Jennifer Meierhans Business reporters Getty Images Crocs’ share price plunged after the rubber clog-maker revealed a fall in US sales as shoppers chose to spend on trainers ahead of the World Cup and the Olympics. The footwear became a stay-at-home staple during the Covid pandemic and has remained relevant as celebrities embraced…
Tesco boss warns Reeves against further business taxes
Posted onJosh MartinBusiness reporter Getty Images Tesco expects to make a profit this year of up to £3.1bn The boss of Tesco has warned the government against adding extra costs to UK retailers in the upcoming Budget, saying “enough is enough”. Ken Murphy said he did not want to see a repeat of the last Budget,…
