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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Apr- 2024 -29 April
Today’s news in brief-29/4/24
Ted Baker’s European operations are on the brink of administration, endangering 149 jobs. The potential collapse affects stores and concessions…
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29 April
BP appoints convenience retail VP and senior deal manager
BP has announced the appointment of Jo Hayward as VP of mobility and convenience retail and Natalie Cattermole as senior…
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29 April
Moss to open new store in Gloucester Quays
Menswear retailer Moss has selected Gloucester Quays for its next store, opening Saturday 4 May.ย ย Moss is set to bring…
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29 April
Monsoon Accessorize profits fall amid โdifficult tradingโ
Monsoon Accessorize has seen its EBITDA fall 18% to ยฃ20m for the year ended 26 August 2023. The company stated…
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29 April
Lidl to invest ยฃ500m into British pork
Lidl GB has announced an investment of ยฃ500m into the British pork sector as it aims to ensure the continued…
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29 April
Ted Bakerโs European arm faces collapse, 149 jobs at risk
The European arm of Ted Baker is reportedly at risk of entering administration with 149 roles at risk.According to Drapers,…
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29 April
Sir Dickson Poon invests a further ยฃ25m in Harvey Nichols
Sir Dickson Poon, the owner of Harvey Nichols, will be investing a total of ยฃ32.5m in the retail group, having…
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29 April
N Brown chair steps down
N Brown has announced that Ron McMillan will be retiring as chair and stepping down from the board with effect…
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29 April
L Catterton acquires majority stake in Kiko Milano
Global consumer-focused investment firm L Catterton has announced that it has entered a definitive agreement to acquire a majority stake…
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26 April
Today’s news in brief-26/4/24
The Office for National Statistics (ONS) has reported a significant rise in shoplifting offences in England and Wales, reaching over…
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