News
The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector’s business journalists keep you in the picture.
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Dec- 2024 -5 December
Watches of Switzerland profits dip 39% despite revenue surge
Watches of Switzerland has reported a 39% decline in its profit before tax from £67m to £41m despite a 4%…
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4 December
Today’s news in brief-4/12/24
Evri has partnered with the GMB Union to secure an industry-first pay deal that guarantees self-employed couriers insurance-backed paid sick…
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4 December
SpaceNK opens new store in centre:mk
SpaceNK, the UK’s leading British beauty retailer, has announced the opening of a new store in centre:mk. Situated on Silbury…
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4 December
Gymshark CFO steps down
Gymshark has confirmed that its chief financial officer Mathew Dunn has left the company less than two years after joining.…
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4 December
Chancellor admits NI rise won’t be ‘easy’ for businesses
Chancellor Rachel Reeves has admitted that it will not be “easy” for businesses to “absorb” the rise in employers’ national…
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4 December
DFS reshuffles management team in bid to streamline business
DFS has announced changes to its management structure that will bring DFS and Sofology under one team in a bid…
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4 December
Evri and GMB sign pay deal to cover courier sickness payments
GMB Union and Evri have announced a new pay deal which will secure sickness payments for self-employed couriers. The deal,…
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4 December
Ruggable launches first in-store presence through John Lewis partnership
Ruggable has announced that for the first time in the UK market, its rugs will be available to view in-store…
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3 December
Today’s news in brief-3/12/24
Boohoo has repaid £50m of its £97m term loan following a £39.3m oversubscribed fundraising effort. The move aligns with its…
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3 December
Accessorize launches new partnership with Deliveroo
Accessorize, the gifting, fashion accessories, and jewellery retailer, has announced a new partnership with Deliveroo offering customers on-demand delivery of…
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