High Street
The latest news, updates and analysis on the the British High Street and UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Jul- 2022 -28 July
Hammerson returns to profit
Hammerson has revealed a pre-tax profit of £50m for the six months ending June 28, contrasted with a £376m loss…
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27 July
THG and SoftBank abandon plans for £1.6bn investment
THG has announced the proposed £1.6bn investment for SoftBank into the company has been terminated with immediate effect. SB Management,…
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26 July
Shoezone ups profit guidance amid ‘better than expected’ trading
Shoe Zone has announced “stronger than expected” trading in its latest update detailing the figures since 29 June, with the…
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22 July
Transitional relief could cost retailers over £1bn, BRC warns
Retailers have warned that the failure to fix the “flawed” Transitional Relief system could cost the industry over £1bn between…
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20 July
Superdrug signs 200+ brands to new health & beauty marketplace
Superdrug has signed over 200 brands to the upcoming launch of Superdrug’s Marketplace, its new platform which will see brands…
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19 July
In The Style profits soar 22%
In The Style Group has revealed its gross profit grew 22% to £25.2m for the year ended 31 March 2022,…
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18 July
Footfall drops as heatwave hits UK
Footfall across UK high streets are down -7.3% on last week as the country experiences a heatwave, according to Springboard.…
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18 July
Next workers underpaid following payroll errors
Next workers have been underpaid for “months” after a series of payroll errors from the retailer, according to The Sunday…
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15 July
Burberry revenues hit by China lockdowns
Burberry has revealed its Q1 global comparable store sales increased just 1%, from £479m to £505m, after being impacted by…
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14 July
Brunello Cucinelli H1 revenues jump 32% to £351m
Casa di Moda Bruno Cucinelli has revealed net revenues of €415.2m (£351m) for the first half of 2022 ending June…
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