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Teesside designer clothes store Psyche to close its doors to shoppers for good

Teesside designer clothes store Psyche to close its doors to shoppers for good
gazettelive.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gazettelive.co.uk Daily Mail and Mail on Sunday newspapers.

Media Bites 11 June: Morrisons, Brewdog, National Lottery

By Alec Mattinson2021-06-11T08:01:00+01:00 Morrisons suffered the UK’s largest investor rebellion over pay this year as 70% of shareholders voting rejected the supermarket chain’s remuneration report (The Financial Times £). Morrisons has suffered one of the biggest shareholder revolts over pay in British corporate history (The Times £). Morrisons shareholders have voted overwhelmingly against the award of millions of pounds in bonuses to executives who missed profit targets during the pandemic, in one of the biggest shareholder rebellions of recent years (The Guardian). Pirc, the shareholder advisory group that urged investors to reject Morrisons’ plans, said the revolt was one of the biggest on record (The BBC).

Why Glasgow is in vogue for fashion retail

Why Glasgow is in vogue for fashion retail Drapers examines why fashion businesses, including Frasers Group and AllSaints, are investing in Glasgow s retail scene. Industry experts point to Glasgow s fashion heritage, large catchment area and strong transport links as reasons for new store openings in the city. “Glasgow is a very strong city for fashion spend, and is neck and neck with Manchester after London in terms of customer spend, explains the CEO of one multiple fashion retailer, which opened a new store in Glasgow in the past year. David Lonsdale, director of the Scottish Retail Consortium, tells Drapers: “The past 15 months have been tumultuous to say the least. Glasgow has been clobbered hard by Covid, and the associated restrictions and repeated government lockdowns. It has suffered from the prolonged absence over these 15 months of office workers, civil servants, tourists and students. Even so-called essential retailers in the city centre have lost out because of

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