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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May- 2024 -17 May
Asda unveils new brand identity
Supermarket giant Asda has unveiled a new brand identity amid its new creative campaign ‘Serious About Summer’. The new campaign,…
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17 May
Walmart ups guidance as Q1 sales rise 38%
Walmart has upped its guidance for the year, as sales rose 38% during the 13 weeks to 26 April, partly…
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17 May
Under Armour revenues slip 3% to $5.7bn in FY24
Under Armour revenues slipped 3% to $5.7bn (£4.5bn) for the financial year ended 31 March. North America revenue decreased 8%…
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17 May
Currys to revamp 65 stores to enhance customer experience
Currys has announced an investment programme that will see it refurbish 65 of its stores across the UK to improve…
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17 May
Asos to debut in India following Reliance Retail partnership
Asos is set to debut in India following a new long-term partnership with Reliance Retail, India’s leading retailer.Under a long-term…
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16 May
Today’s news in brief-16/5/24
Natura and Co is considering separating from Avon after experiencing a significant increase in losses during the first quarter. The…
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16 May
Asda urges customers to donate to national food drive
Asda will be hosting its annual food drive in partnership with the Trussell Trust and is calling on customers up…
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16 May
Watches of Switzerland Q4 sales rise 4%
Watches of Switzerland has seen its group revenues jump 4% up to £380m for the 13 weeks ended 30 April.…
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16 May
Superdrug to open 25 new stores
Superdrug has announced an investment into its bricks-and-mortar retail footprint, with plans to open 25 new stores in 2024, as…
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16 May
Mytheresa sales rise 17.6% to €233.9m in Q3
Luxury retailer Mytheresa reported a 17.6% net sales increase to €233.9m (£200.6m) for the third quarter ended 31 March. Gross…
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