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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Mar- 2024 -20 March
Kering warns first quarter revenues to decline by 10%
Kering’s first quarter revenue of 2024 is likely to decline by approximately 10% on a comparable basis, from last year’s…
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19 March
Today’s news in brief-19/3/24
Castore has secured the Umbro Pro Team Sports licence. This strategic move positions Castore as an exclusive marketer of Umbro…
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19 March
Ted Baker to call in administrators
The US owner of Ted Baker, Authentic Brands Group, has announced its intention to appoint Teneo Financial Advisory as administrators…
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19 March
JD Williams launches new Anthology collection
JD Williams, a leading platform within N Brown Group plc, has launched its new premium capsule collection, Anthology, for spring/summer…
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19 March
DFS lowers guidance and warns on Red Sea Crisis
DFS has revealed that it has lowered its full year profit guidance to between £20-£25m after market demands weakened in…
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19 March
Castore agrees Umbro Pro Team Sports license
Castore has announced it has completed a deal with Umbro licensee, GL Dameck to sign an exclusive Umbro Professional Team…
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19 March
Primark trials ‘sold’ stickers as anti-theft deterrent
Primark UK has started trialling a new anti-theft measure, which sees checkout staff at some of the fashion retailer’s branches…
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19 March
Wickes welcomes ‘robust’ FY23 trading amid Solar Fast acquisition
Wickes has announced a “robust” trading performance for the year ended 30 December 2023 as it confirms that it has…
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19 March
Ikea introduces new round of price cuts ahead of Easter
Ikea has announced its next wave of price cuts on hundreds of its most popular items ahead of the Easter…
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19 March
Asda launches new staff benefits as it confirms pay rise
Asda has launched two new benefits for staff and confirmed that its proposal to raise retail pay rates to £12.04…
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