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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Jan- 2024 -12 January
Burberry lowers full-year guidance amid luxury demand slowdown
Fashion retailer Burberry has today (12 January) warned that its full-year results will be below its previous guidance after a…
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11 January
Today’s news in brief-11/1/24
Marks & Spencer emerged as the top-performing grocer in volume growth during the Christmas period and the quarter. Food sales…
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11 January
Online fashion revenues rise 6% YoY in December, True Fit finds
Online fashion revenues rose by 6% year-on-year in December 2023 compared with the same time last year, buoying the overall…
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11 January
Gloucester Quays sees record year of leasing in 2023
South West urban outlet Gloucester Quays is celebrating a year of record leasing in 2023. The sector-leading retail and leisure…
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11 January
Tesco ups guidance as sales jump 6.9%
Tesco has announced that its sales increased 6.9% for the 19 weeks ended 6 January 2024 after stronger than expected…
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11 January
Boohoo added ‘Made in UK’ labels on clothes made in South Asia
Boohoo reportedly added “Made in the UK’ labels to some of its clothes that were actually made overseas, according to…
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11 January
Sainsbury’s in talks with Gov over Red Sea shipping delays
Sainsbury’s is reportedly in talks with the UK government to mitigate possible shipping delays due to unrest in the Red…
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11 January
Frasers Group appoints new joint broker
Frasers Group has announced the appointment of Jefferies, a full-service investment banking and capital markets firm, as its new corporate…
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11 January
Very UK sales up 3.4% over Christmas period
Very UK has reported that retail sales were up by 3.4% in the seven weeks to 22 December 2023, with…
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11 January
M&S ‘top performing’ grocer over Christmas period
M&S has revealed that it was the top performing grocer in volume growth terms over the Christmas period and the…
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