It’s going to be a tougher-than-expected Christmas trading period, if one report is to be believed. UK shoppers are likely to spend 22% less on non-essentials in the festive run-up and other markets will see drops too.
South Korean tech firm Naver Corp said on Tuesday it agreed to a $1.6 billion deal to buy Poshmark Inc, a U.S. apparel resale platform firm, as a strategic investment to enter the U.S. e-commerce market.
Roger Blundell is to step down as chief finance officer at Grosvenor before the end of the year with Debbie Lee promoted to take over as CFO from January 2023. However, he will move into non-executive and advisory roles.
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