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.
-
Mar- 2024 -7 March
Shein UK breaches company law by failing to disclose PSC
Shein’s UK arm has reportedly failed to disclose its ultimate ownership, breaching company law that could disrupt its reported plans…
Read More » -
7 March
Asos plans India expansion with Reliance Retail partnership
Asos is said to be in talks with Indian retail company Reliance Retail to bring the British brand to the…
Read More » -
7 March
Budget will ‘do nothing to turbocharge investment’, says BRC
The British Retail Consortium (BRC) has stated that the latest Budget announcement will “do nothing to turbocharge investment and growth…
Read More » -
7 March
Hugo Boss sales rise by 18% to €4.2bn in FY23
Hugo Boss has announced an 18% sales increase to €4.2bn (£3.5bn) for the fiscal year 2023. For the first time…
Read More » -
7 March
M&S co-CEO to step down
Katie Bickerstaffe is set to retire from her role as co-CEO at M&S to pursue her board career.The company said…
Read More » -
6 March
Today’s news in brief-6/3/24
Currys shareholder JO Hambro Capital Management urged the company to hold out for a £1bn offer amid takeover talks. Despite…
Read More » -
6 March
Waitrose partners with FareShare to deliver 20 million meals
Waitrose has redirected the equivalent of 20 million meals worth of surplus food to charities and community groups across the…
Read More » -
6 March
Former JLP chairman Peter Lewis passes away
Peter Lewis, who served as chairman of the John Lewis Partnership from 1972 to 1993, has passed away aged 95. …
Read More » -
6 March
Chancellor cuts NI by a further 2p as part of Spring Budget
Chancellor Jeremy Hunt has announced a further 2p cut to National Insurance, falling from 10% to 8% from 6 April,…
Read More » -
6 March
M&S to roll out fully recyclable coffee cups in all its cafes
M&S has announced that it will be rolling out fully recyclable takeaway coffee cups to all its cafes from next…
Read More »
