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 -10 April
Tesco profits soar in FY results as inflation eases
Tesco has seen pre-tax profits soar by 159.5% to £2.3bn in its full-year results, up from £882m the prior year,…
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9 April
Today’s news in brief-9/4/24
No Ordinary Designer Label Limited (NODL), the retailers of the Ted Baker brand in the UK and Europe, will close…
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9 April
SportsShoes.com appoints first partnerships coordinator
SportsShoes.com has announced the appointment of Georgia Malir as its first partnerships coordinator to manage running and fitness community partnerships. …
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9 April
Swarovski to launch standalone boutique in Merry Hill
Luxury brand Swarovski is returning to West Midlands destination Merry Hill with the launch of a standalone boutique set to…
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9 April
Easter helps retail sales jump 3.5% in March
UK Total retail sales increased by 3.5% year on year in March, as the early Easter helped boost performance for…
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9 April
Ted Baker to close 11 stores
The joint administrators of No Ordinary Designer Label Limited (NODL), retailers of the Ted Baker brand in the UK and…
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9 April
Charlotte Tilbury owner eyes €2.5bn IPO
Spanish beauty group, Puig, which owns brands including Charlotte Tilbury, has announced its intention to raise more than €2.5bn (£2.1bn)…
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9 April
ProCook Q4 revenues jump 4.8%
ProCook has revealed that its revenues jumped 4.8% up to £13.2m for the 12 weeks ended 31 March 2024. As…
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9 April
The Very Group promotes Robbie Feather to CEO
The Very Group, operator of digital retailer Very, has promoted Robbie Feather to the position of group CEO succeeding Lionel…
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9 April
Tesco launches collaborative VC fund with global grocery retailers
Tesco has become one of five leading global grocery retailers to establish a “pioneering” collaborative grocery venture fund, W23 Global.…
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