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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Oct- 2024 -30 October
VF Corp Q2 revenues fall 6%
North Face and Vans owner VF Corp has revealed that its revenues dropped 6% to $2.8bn (£2.15bn) for the three…
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29 October
Today’s news in brief-29/10/24
The British Retail Consortium (BRC) has urged the chancellor to prioritise keeping prices low as shop price deflation reached 0.8%…
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29 October
Spar appoints new managing director
Spar has announced the appointment of Michael Fletcher as the new managing director. With over two decades of experience, he…
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29 October
New Look pre-tax losses narrow despite fall in FY sales
New Look has reported that its pre-tax losses narrowed from £87.8m to £21.7m for the year to 30 March, despite…
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29 October
Jollyes appoints new COO
Jollyes has announced the appointment of Adam Dury as its new chief operating officer effective January. For the last five…
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29 October
Adidas Q3 revenues jump 10% to €6.4bn
Adidas has seen currency-neutral revenues rise 10% in the third quarter ended 30 September 2024, attributing the double-digit growth to…
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29 October
BRC calls for chancellor to keep prices low
The BRC has called on the chancellor to keep prices low ahead of the budget as shop price growth hit…
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29 October
Abercrombie & Fitch and Hollister UK profits triple in FY24
The owner of Abercrombie and Fitch and Hollister in the UK has seen pre-tax profits triple in its full-year results,…
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29 October
Dr Martens owner acquires stake in K-Way
Permira Growth Opportunities II, a fund advised by global investment firm and owner of Dr Martens Permira, has entered into…
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28 October
Asda raises £4m for primary schools across UK
Asda’s Cashpot for Schools initiative, launched on 2 September, has raised £4m for primary schools across the UK. The industry-first…
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