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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Dec- 2023 -18 December
Frasers Group in talks to acquire Matchesfashion
Frasers Group is reportedly in talks to acquire Matchesfashion, which sells fashion brands including Balenciaga, Gucci and Valentino, according to…
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18 December
Adidas appoints new head of global HR
Adidas has appointed Michelle Robertson as executive board member, responsible for global human resources, people and culture, effective from 1…
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15 December
Today’s news in brief-15/12/23
Amazon has emerged victorious in a £215m tax dispute with the EU Commission. The European Court of Justice dismissed the…
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15 December
A quarter of UK adults to scale back Xmas meal, survey finds
A quarter of UK adults will be scaling back their Christmas meal this year due to the current financial pressures,…
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15 December
THG launches sustainability partnership PACT
THG has announced the launch of THG Partnership in Action, or PACT, a new initiative focused on collaboration with suppliers…
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15 December
Consumer confidence improves during December
Consumer confidence improved two points during December to -22 as sentiment improved ahead of Christmas. All five measures were up…
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15 December
Amazon wins £215m EU tax battle
Amazon has won its case against the EU Commission over a £215m tax battle in the European Court of Justice.…
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15 December
Sosandar appoints new non-exec chairman
Sosandar has announced the appointment of Nick Mustoe as non-executive chairman. Mustoe has been interim non-executive chairman since 16 March…
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15 December
Currys boss criticises gov’s minimum wage plans
Currys CEO Alex Baldock has accused the government of not caring about the retail industry after claiming its decision to…
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15 December
Naked Wines H1 sales fall 20% as losses widen
Naked Wines total revenues fell by 20% to £132.3m during the six months ended 2 October, while its pre-tax losses…
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