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 -15 January
Asda trials four-day week in bid to stamp out manager revolt
Asda is trialling a four-day week in a bid to “stamp out revolt” amongst the supermarket’s store managers following a…
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15 January
Chinese regulator delays Shein US IPO
Fast fashion brand Shein’s plan to take the firm public on the US stock exchange may be delayed after it…
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15 January
Mango creates brand management division
Mango has announced the creation of a new brand management division in order to strengthen its executive leadership in all…
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15 January
Gap appoints chief business and strategy officer and chief people officer
Gap has appointed Eric Chan as chief business and strategy officer and Amy Thompson as chief people officer. Both leaders…
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15 January
Battersea Power Station sales rise 52% over Christmas period
Battersea Power Station saw overall sales increase by 52%, with fashion sales increasing by 33% in December 2023, compared with…
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12 January
Today’s news in brief-12/1/24
Authentic Brands Group has acquired Sperry, a renowned American heritage footwear brand known for its iconic boat shoes with a…
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12 January
Aldi named most popular supermarket
Aldi has recently been named as the nation’s most popular supermarket, according to new polling data for Q4 2023 from…
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12 January
Fortnum & Mason sales up 17% in run-up to Christmas
Fortnum and Mason has welcomed a period of strong trading over the festive period, with year-on-year sales up by 17%…
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12 January
UK economy rebounds in Nov
The UK economy rebounded in November as monthly GDP increased 0.3% off the back on a 0.3% fall in October,…
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12 January
Wolf and Badger sees record festive trading
Wolf and Badger has reported record-breaking festive trading and has also achieved 15% revenue growth for 2023. Additionally, it maintained…
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