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 -26 January
John Lewis could cut jobs amid halved redundancy payouts
John Lewis Partnership has implied that it could make job cuts across the business after it slashed its redundancy payouts,…
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26 January
Superdry reports ‘challenging’ trading amid new CFO announcement
Superdry has revealed its half-year revenues are down 23.5% to £219.8m due to a “challenging” consumer retail market as it…
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25 January
Today’s news in brief-25/1/24
Halfords reported that its Q3 total revenues were up 1.6%, with a 2.0% increase on a like-for-like basis. However, December…
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25 January
Co-op launches sustainability pilot for farmers
Co-op has announced a pilot scheme to financially reward farmers in its beef supply chain for sustainable farming practices. In…
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25 January
N Brown Group appoints new chief people officer
N Brown Group, the fashion and homeware digital retailer, has appointed Natalie Rogers as the business’ new chief people officer.…
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25 January
Dr Martens Q3 revenue drops 21% to £267.1m
Dr Martens has revealed that its revenues dropped 21% to £267.1m in the three months ended 31 December 2023. Alongside…
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25 January
Halfords maintains FY guidance despite weak December sales
Halfords has maintained its full-year guidance despite December sales being “much weaker” than expected. In its third quarter, total revenues…
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25 January
White Stuff to open new flagship store in Liverpool
Lifestyle brand White Stuff has announced it is set to open a new flagship store at Liverpool One in the…
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25 January
JD.com partners with Evri on European brand expansion in China
Chinese marketplace JD.com has announced a partnership with Evri in its effort to offer European brands more access to its…
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25 January
Puma sales dip in 2023 due to Argentinian peso devaluation
Puma achieved full-year currency-adjusted sales growth of 6.6%, with preliminary 2023 sales of €8.6bn (£7.3bn) due to the devaluation of…
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