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 -11 March
Today’s news in brief-11/3/24
Doug Putman, the owner of HMV, is reportedly contemplating a bid to acquire The Body Shop from its administrators. The…
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11 March
UK footfall bounces back by 6.6% due to Mother’s Day weekend
MRI Software announced that the lead up to Mother’s Day and the peak Easter trading period significantly boosted week-on-week footfall…
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11 March
Charles Clinkard sales rise 7% in 2023
Footwear retailer Charles Clinkard has announced that overall sales rose by 7% in 2023 compared with the previous year. This…
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11 March
Retail sector launches nationwide recruitment drive for women coders
Retail giants Unilever, Tesco Bank and Dunnhumby have announced that they are strengthening their efforts to recruit more women coders…
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11 March
Matalan unveils five new senior leadership appointments
Matalan, the fashion and homeware omnichannel value retailer, has announced the appointment of five new leaders as it continues its…
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11 March
Golden Goose revenues rise 18% in FY23
Italian shoe brand Golden Goose has experienced an 18% rise in net revenues to €587m (£500m) for the year ended…
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11 March
Elliott ditches Currys takeover plans
Elliott Management has abandoned plans to buy Currys after claiming that “multiple” attempts to engage with the company’s board were…
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11 March
Currys appoints Octavia Morley as non-executive director
Currys has announced the appointment of Octavia Morley as a non-executive director and a member of the company’s Remuneration, ESG…
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11 March
HMV owner considers Body Shop rescue bid
HMV owner Doug Putman is reportedly considering a bid to acquire the body shop from its administrators. According to The…
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8 March
Today’s news in brief-8/3/24
Superdry has partnered with restructuring firm Teneo to explore cost-saving measures amid financial struggles. With a reported revenue decline of…
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