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.
-
Apr- 2024 -18 April
Metrocentre to welcome trio of retail brands
Metrocentre’s Green Mall is set to welcome specialist kitchenware brand ProCook, footwear retailer Clarks, and lingerie brand Victoria’s Secret. ProCook…
Read More » -
18 April
Adidas raises FY profit guidance amid strong Q1
Adidas has upped its profit guidance for the year after it revealed its Q1 profits increased to €336m (£287m), up…
Read More » -
18 April
Dunelm Q3 sales jump 3% despite ‘difficult trading conditions’
Dunelm has revealed that its sales for the 13 weeks ended 30 March 2024 rose 3% to £435m year-on-year. Alongside…
Read More » -
18 April
Shein revives interest in acquiring Topshop
Shein is reportedly amongst a “number” of retailers still interested in acquiring the Topshop brand from Asos. According to The…
Read More » -
18 April
BP rolls out body cameras at stores to tackle retail crime
BP has announced it is continuing to invest in the security of its employees by rolling out the Auror retail…
Read More » -
18 April
Harvey Nichols appoints new CEO
Harvey Nichols has appointed Julia Goddard, EMEA president of Alexander McQueen, as its new chief executive officer, effective June 2024.…
Read More » -
18 April
LVMH revenues up 3% in Q1 despite economic uncertainty
Luxury group LVMH has reported a revenue growth of 3% to €20.7bn (£17.7bn) in the first quarter of 2024, marking…
Read More » -
17 April
Matalan welcomes 17 new third-party brands
Matalan has expanded its range by launching 17 new third-party brands within womenswear, menswear, kidswear, homeware and gifting, as well…
Read More » -
17 April
Gucci appoints new deputy CEO
Gucci has announced the appointment of Stefano Cantino as the brand’s new deputy chief executive officer, reporting to Jean-François Palus,…
Read More » -
17 April
Asos losses widen to £120m in H1 as sales fall 18%
Asos has seen its losses deepen to £120m in the first half of the year, a 32.6% increase compared to…
Read More »
