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 -6 December
Matches seeks cash to fund turnaround plan
Matches Fashion has reportedly hired an advisory firm as it seeks a cash injection to help fund its turnaround strategy,…
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6 December
Moonpig sales and profit rise in H1
Moonpig has welcomed a rise in sales and profits in the first half of the year, as the group continued…
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6 December
Sergio Rossi appoints new CEO
Luxury Italian footwear and accessories brand Sergio Rossi has announced the appointment of Helen Wright as its new CEO, effective…
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5 December
Today’s news in brief-5/12/23
Independent luxury retailer Jules B is reportedly contemplating a Company Voluntary Arrangement (CVA) following a ransomware attack that occurred in…
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5 December
Lounge opens pop-up at Liverpool One
Underwear brand Lounge has launched its Christmas pop-up store on Liverpool One’s South John Street that will run until December…
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5 December
Jules B eyes CVA following ransomware attack
Independent luxury retailer Jules B is reportedly considering a company voluntary arrangement (CVA), following a £79,200 ransomware attack in September,…
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5 December
December to see £13bn in grocery sales for first time, Kantar says
Take-home grocery sales are expected to surpass £13bn for the first time ever this December, according to marketing data and…
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5 December
THG acquires skincare brand Biossance
THG has agreed to acquire skincare brand Biossance from US biotechnology group Amyris Inc for a maximum consideration of $20m…
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5 December
Marks and Spencer extends Christmas trading hours
Marks and Spencer has announced that it has extended its Christmas trading hours from 18-22 December with more than 400…
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5 December
Quiz launches strategic review after £1.5m loss
Quiz has announced that it has launched a strategic review after it posted a pre-tax loss of £1.5m for the…
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