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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Feb- 2024 -8 February
Shoppers say brands should help in financial crisis, study finds
Seven out of 10 UK adults believe brands should play a role in helping them navigate the cost-of-living crisis, but…
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8 February
Watches of Switzerland sees Q3 revenues drop 1%
Watches of Switzerland has announced that its revenues fell 1% on a constant currency basis £397m, down from £407m, for…
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8 February
VF Corporation CFO steps down as group revenues drop to $2.96bn
VF Corporation, owner of Vans, The North Face and Timberland brands, has reported a 16% year-on-year decline in revenues to…
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8 February
Farfetch appoints new director following Coupang sale
Farfetch has appointed Akshay Navle as a new director following the sale of the company to Coupang. According to the…
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8 February
Revolution Beauty eyes £1bn sales target amid turnaround strategy
Revolution Beauty has unveiled a new turnaround strategy amid plans to target sales of £1bn by 2030. The group said…
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8 February
Kering revenues fall 4% in FY23 despite ‘stable’ sales
Kering, the group that operates Gucci, Yves Saint Laurent and Bottega Veneta, reported that revenues declined 4% to €19.6bn (£16.7bn)…
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8 February
Primark to invest £100m into UK stores
Primark has announced it is to invest more than £100m in its UK stores in 2024, as it marks 50…
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7 February
Today’s news in brief-7/2/24
Amazon’s Luxury Stores in Europe have partnered with resale platform Hardly Ever Worn It to offer pre-owned luxury items across…
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7 February
Under Armour appoints new managing director of EMEA
Under Armour has recently announced the appointment of Kevin Ross as its new senior vice president, managing director of Europe,…
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7 February
First cohort of Wickes bathroom apprentices set to graduate
Wickes has announced that the first cohort of students enrolled in its bathroom installation apprenticeship – the first of its…
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