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 -13 December
Inditex sales and profits rise amid strong autumn trading
Fashion retailer Inditex, the owner of Zara, has reported an 11.1% sales increase to €25.6bn (£22bn) for its 2023 nine…
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13 December
Boots owner eyes London IPO amid revived disposal plans
Boots’ US-based parent company, Walgreens Boots Alliance, is reportedly eyeing an initial public offering (IPO) on the London Stock Exchange…
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13 December
Revolution Beauty reaches settlement with co-founder amid CFO exit
Revolution Beauty has announced that it has reached a settlement with Tom Allsworth, the former executive chairman and co-founder of…
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13 December
Sosandar maintains FY guidance despite half-year loss
Sosandar has fallen to a pre-tax loss of £1.3m in its half-year results, down from a profit of £0.1m the…
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12 December
Under Armour opens store at The O2
Under Armour, the global sports apparel brand, has opened its London outlet debut store at Outlet Shopping at The O2,…
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12 December
Today’s news in brief-12/12/23
Fast-fashion giant Shein is reportedly exploring the possibility of an initial public offering (IPO) on the London Stock Exchange. Chairman…
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12 December
Waitrose to expand exports amid 14% sales surge
Waitrose has announced that it is set to expand its exports business after it saw its export sales jump 14%…
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12 December
Total till sales slow as shoppers save to spend £5bn on Xmas week
Total Till sales at UK supermarkets slowed +6.8% in the last four weeks ending 2 December 2023, according to new…
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12 December
Shein mulls London IPO
Fast-fashion giant Shein is reportedly considering plans for a London Stock Exchange flotation, Sky News has reported. According to Sky,…
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12 December
Pepco Group revenues rise 17.7% to €5.6bn in FY23
Poundland owner Pepco Group has reported a 17.7% increase in revenues to €5.6bn (£4.8bn) for the 12 months ended on…
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