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 -18 April
Shein revives interest in acquiring Topshop
Shein is reportedly amongst a โnumberโ of retailers still interested in acquiring the Topshop brand from Asos. According to The…
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18 April
BP rolls out body cameras at stores to tackle retail crime
BP has announced it is continuing to invest in the security of its employees by rolling out the Auror retail…
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18 April
Harvey Nichols appoints new CEO
Harvey Nichols has appointed Julia Goddard, EMEA president of Alexander McQueen, as its new chief executive officer, effective June 2024.…
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18 April
LVMH revenues up 3% in Q1 despite economic uncertainty
Luxury group LVMH has reported a revenue growth of 3% to โฌ20.7bn (ยฃ17.7bn) in the first quarter of 2024, marking…
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17 April
Matalan welcomes 17 new third-party brands
Matalan has expanded its range by launching 17 new third-party brands within womenswear, menswear, kidswear, homeware and gifting, as well…
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17 April
Gucci appoints new deputy CEO
Gucci has announced the appointment of Stefano Cantino as the brandโs new deputy chief executive officer, reporting to Jean-Franรงois Palus,…
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17 April
Asos losses widen to ยฃ120m in H1 as sales fall 18%
Asos has seen its losses deepen to ยฃ120m in the first half of the year, a 32.6% increase compared to…
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17 April
Inflation falls to lowest level since 2021
Inflation slowed to 3.2% in March, down from 3.4% the prior month, as inflation fell to its lowest annual rate…
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17 April
Getir mulls asset sales amid restructuring talks
Grocery delivery app, Getir, is reportedly considering a number of asset sales as part of restructuring talks, according to Sky…
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17 April
BRC calls on PCC candidates to โget toughโ on retail crime
The British Retail Consortium (BRC) has called on Police and Crime Commissioner (PCC) candidates to commit to three pledges that…
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