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 -20 February
Currys shares soar 36% amid takeover interest
Currys shares soared 36% to 64.9p on Monday after it was revealed that Chinese e-commerce company JD.com has joined the…
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20 February
Superdry founder in talks with US investor for take private deal
Superdry founder Julian Dunkerton is reportedly in talks with US investor Davidson Kempner as he seeks to put together a…
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20 February
Moody’s ‘cautiously optimistic’ over Iceland’s future despite weak results
Moody’s has said it is “cautiously optimistic” over Iceland Foods’ financial future and prospects of tackling its bond debt, despite…
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20 February
DukesHill appoints new non-executive chairman
DukesHill Ham Company has appointed Chris Dee, former director of food and home at Harrods and CEO of Booths, as…
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20 February
The Perfume Shop sales rise 18% over Valentine’s Day
The Perfume Shop experienced an 18% rise in sales volumes over Valentine’s Day, having sold 200,000 bottles of scent during…
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19 February
Wolf and Badger opens flagship shop in London
Wolf and Badger, the multi-channel retailer, has officially launched its UK flagship store at 102 Berwick Street, in Soho London. …
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19 February
Today’s news in brief-19/2/24
Nike has announced plans to cut 1,600 jobs, approximately 2% of its workforce, in response to disappointing sales figures in…
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19 February
Co-op reopens St Ives store following six-week refurb programme
Co-op has relaunched its Royal Square, St Ives, store following a six-week programme of works and improvements. The store, which…
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19 February
Mytheresa outperforms market despite falling profits
Luxury clothing retailer Mytheresa has hailed its Q2 performance as it said it “outperformed almost all competitors” despite posting an…
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19 February
Lush settles dispute with former boss over blocked share transfer
Bath bomb specialist Lush has settled a legal dispute with its former chief executive Andrew Gerrie’s investment firm, Silverwood Brands,…
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