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- 2025 -3 February
Emma Bridgewater posts pre-tax losses of £4.1m
Stoke-on-Trent based pottery company Emma Bridgewater has reported a pre-tax loss of £4.1m for the 12 months to 27 April…
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3 February
Iceland boss criticises chancellor over farmer inheritance tax
The managing director of Iceland has criticised the chancellor’s inheritance tax raid on farmers, despite the Labour-backing boss previously voicing…
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3 February
Trouva halts trading as it explores sale of business
Online marketplace Trouva has halted trading while it explores the possibility of selling the business, Sky News has reported. According…
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3 February
Burberry appoints new chief information officer
Luxury fashion retailer Burberry has announced the appointment of Charlotte Baldwin as its new chief information officer, who is due…
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Jan- 2025 -31 January
Today’s news in brief-31/1/25
Homebase, the DIY retailer that collapsed into administration in November 2024, owes more than £650m to unsecured creditors, including suppliers…
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31 January
Gloucester Quays sees 7.4% sales uptick in FY24
Gloucester Quays has announced a “record” Christmas trading with sales a 7.4% sales increase in FY24, 6.7% ahead of the…
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31 January
Mango appoints Toni Ruiz as chairman
The board of directors of Mango’s parent company, Punto Fa S.L., has approved the appointment of Toni Ruiz, the company’s…
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31 January
John Lewis warns staff on profits amid missed sales targets
The John Lewis Partnership has fallen short of its profit targets in Q4 after both Waitrose and John Lewis “missed…
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31 January
THG appoints Milyae Park independent non-executive director
THG has announced the appointment of Milyae Park as an independent non-executive director with immediate effect. Park joins THG following…
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31 January
Homebase owes over £650m to unsecured creditors post collapse
Homebase still owes more than £650m to unsecured creditors, including AO World, Halfords, and The Hut, following its collapse into…
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