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.
-
Feb- 2024 -19 February
Joe Browns appoints new CEO
Joe Browns, the fashion and homes retailer, has announced that Dawn Bannerman has joined as chief executive officer with immediate…
Read More » -
19 February
Currys rejects takeover offer from Waterstones owner
Currys has confirmed it has received and rejected an “unsolicited, preliminary and conditional” proposal from Waterstones owner Elliott. The rejection…
Read More » -
19 February
Aurelius MD behind Body Shop buyout exits group
A dealmaker from Aurelius who helped lead its private equity takeover of The Body Shop has abruptly left the group…
Read More » -
16 February
Today’s news in brief-16/2/24
In January 2024, the UK experienced a significant rebound in retail sales, rising by 3.4% following a 3.2% decline in…
Read More » -
16 February
The Watches of Switzerland opens Tag Heuer in London Gatwick
The Watches of Switzerland Group has announced the opening of a new Tag Heuer boutique in London Gatwick, South Terminal. …
Read More » -
16 February
NWEC calls for return to tax-free shopping as tourist spending gap widens
The New West End Company (NWEC) has called for the return of tax-free shopping as the gap between the number…
Read More » -
16 February
Farfetch CEO to step down following Coupang rescue deal
Farfetch founder and CEO Jose Neves is reportedly stepping down from the company following the sale of the business to…
Read More » -
16 February
Retail sales jump 3.4% giving optimism despite recession
Retail sales in the UK jumped 3.4% in January 2024 after falling 3.2% in December, according to data from the…
Read More » -
16 February
John Lewis bolsters board and audit committee
John Lewis Partnership has announced the appointment of Clare Swindell to its board of directors and Jane Hanson CBE as…
Read More » -
15 February
Today’s news in brief-15/2/24
The UK has entered a technical recession as its GDP contracted by 0.3% in the final quarter of 2023. This…
Read More »
