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 -11 December
Today’s news in brief-11/12/23
November proved to be a challenging month for UK retailers, with Black Friday discounts failing to uplift sales, according to…
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11 December
Tissot opens flagship boutique in Covent Garden
Tissot, the Swiss watch brand owned by the Swatch Group, has opened its debut flagship boutique in Covent Garden, representing…
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11 December
John Lewis non-exec director steps down
John Lewis non-executive director Nicky Dulieu has stepped down from her role after seven months with the partnership. According to…
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11 December
Matalan adds 10 new third-party brands
Matalan has announced the addition of 10 new third-party brands launching exclusively online. The new brands are Quiz, Pink Vanilla,…
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11 December
Black Friday fails to rally shoppers during ‘bleak’ November, BDO finds
Significant discounts in the run up to Black Friday failed to rally UK shoppers, resulting in “another disappointing month” for…
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11 December
Asda lorry strikes could lead to Xmas food shortages, union warns
Asda may face food shortages over the festive period following strike action amongst its lorry drivers. It comes as Unite…
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8 December
Lululemon revenues rise by 19% in Q3
Lululemon has welcomed a strong third quarter of trading that exceeded expectations, as revenues rose by 19% to $2.2bn (£1.75bn),…
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8 December
Lidl scraps ‘use by’ dates on dairy products
Lidl has ditched ‘use by’ dates in favour of ‘best before’ ones on all its yoghurt and fresh milk ranges,…
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8 December
Levi’s CEO to retire in April 2024
Levi’s has announced that president and CEO Chip Bergh has decided to retire from the company, effective from 26 April…
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7 December
Today’s news in brief-7/12/23
Kelso, an activist shareholder in THG, has intensified its campaign for THG to clarify its plans to separate its three…
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