Estée Lauder sues Jo Malone over use of her name on Zara fragrance Cosmetics firm takes legal action against London-born perfumer who sold brand and rights to her name in 1999
Billionaire Zara founder Amancio Ortega to receive €3.23bn dividend Payment for Inditex founder, the world’s 15 richest person, tops last year’s dividend of €3.1bn
UK companies struggling to hire young people amid cost pressures, MPs told Business lobby groups say firms less likely to take on staff with few qualifications or who have gaps in their CVs
Ending UK customs relief on low-value imports could push up prices, BCC says Business group warns of harm to small firms and trade as it calls for phased end to ‘de minimis’ exemptions
Supermarkets hit by falling demand for nitrite-cured bacon due to cancer fears Sales of products made the traditional way dropped 7% in three months to 25 January while nitrite-free sales rose 20%
UK supermarket chain Iceland drops trademark dispute with Iceland Company promises ‘rapprochement discount’ for shoppers from country after decade-long action in EU court
£25 for a cookie? What the baffling luxury bakery boom tells us about Britain Amid a cost of living crisis, pricey patisserie is all the rage – and not just in London. Our reporter goes on a crawl to find out if a tart can really be worth £45
Surprise jump in UK grocery inflation makes interest rate cut less probable ECB says Middle East war could cause higher inflationary pressure and warns of potential ‘sharp drop in output’
Young fashion fans help UK charity shops thrive on struggling UK high streets Sales beat wider retail sector last year thanks to customers inspired by websites such as Vinted, industry body says
Sainsbury’s to cut 300 jobs as it restructures tech team and Argos deliveries Head office job losses part of plan for more separation between supermarket and Argos businesses
Hornby sells slot car racing brand Scalextric for £20m Purbeck Capital Partners seals deal with model railway maker for toy racing car business and IP rights
Ocado failing to deliver on its potential as one of UK’s great technology hopes Firm’s automated warehouses are struggling to compete against swift deliveries from stores by bike riders
Plan to pedestrianise London’s Oxford Street given official go-ahead Sadiq Khan promises to create ‘world-leading urban space’, with remaining traffic removed this summer
Ocado to cut 1,000 jobs in £150m cost-saving drive Retail technology business to reduce about 5% of global workforce, with two-thirds of job losses affecting UK
John Lewis scraps £500m deal to build 1,000 rental homes Retailer said ‘fundamental shift in economic conditions’ made it hard for financial partner Aberdeen to raise funds