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 -1 December
Claire’s names Chris Cramer new CFO and COO
Claire’s has named Chris Cramer as its new chief financial officer and chief operating officer, having recently served as president…
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1 December
Early signs of footfall recovery ahead of festive trading, BRC finds
The retail sector experienced early signs of footfall recovery in November as total UK footfall decreased by 0.7% in November(YoY),…
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1 December
Aldi invests £12m to lower the price of more than 180 products
Aldi has announced it is investing £12m to lower the prices of over 180 of its products. Its latest move…
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1 December
Frasers pulls out of SportScheck deal
Frasers has announced that it has pulled out of a deal to acquire SportScheck after the German sports retailer filed…
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Nov- 2023 -30 November
Lidl set for ‘record-breaking’ Christmases amid 11% customer increase
Lidl GB is anticipating a “record-breaking” Christmas, after reporting an 11% uptick in customers over the past six weeks. The…
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30 November
Today’s news in brief-30/11/23
Castore has successfully secured a £145m investment in a funding round led by Raine Partners. This investment aims to further…
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30 November
Clarks appoints Clarke Willmott to support national portfolio
Clarks has appointed law firm Clarke Willmott to its panel of legal advisors to support the management of the national…
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30 November
Jollyes HY sales jump 31% to £70m
Jollyes has revealed that it posted sales of £70m for the 26 weeks ended 27 November 2023, up 33% from…
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30 November
Mulberry H1 losses leap 79% despite healthy revenues
Luxury fashion group Mulberry revealed that operating losses grew 79% to £10.4m, despite a 7% increase in revenues to £69.7m…
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30 November
Castore secures £145m investment
Castore, the performance sportswear brand and technology-enabled, end-to-end digital platform for global sports teams, has secured significant growth investment in…
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