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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Oct- 2023 -19 October
Gear4music sees revenues decline 6%
Gear4music has reported a 6% decline in revenues to 62.6m for the six months to 30 September 2023. The group’s…
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19 October
Adidas ups full-year guidance following Yeezy sale boost
Adidas has raised its full-year guidance following better than expected preliminary results for Q3 2023. The German sportswear retailer noted…
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18 October
THG commerce division Ingenuity strikes deal with L’Oréal
Ingenuity, the complete commerce division of THG plc, has signed a deal with L’Oréal to manage the direct-to-consumer (DTC) activities…
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18 October
One in six Black Friday purchases will be returned, data shows
Almost one in every six garments bought on Black Friday will be returned, with Gen Z and Millennials leading the…
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18 October
Inflation remains at 6.7% despite fall in food prices
Inflation remained unchanged at 6.7% in September as a fall in food prices was offset by an increase in the…
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18 October
Kurt Geiger owner eyes £400m sale
The private equity backers of Kurt Geiger are reportedly considering a £400m sale of the brand. According to Sky News,…
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18 October
New Look losses widen to £88m despite healthy revenues
New Look has suffered a statutory loss before tax of £87.8m in its full-year results, down from £25.5m in FY22,…
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18 October
Sosander to open first physical stores in 2024
UK fashion brand Sosandar is set to launch its first set of bricks and mortar stores in Spring 2024 after…
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18 October
Cake Box sales rise 6.2% in H1
Cake Box has reported that trading was in line with expectations in the first half of the year, with a…
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17 October
John Lewis Partnership unveils new lifestyle brand
The John Lewis Partnership has unveiled Made With Care, the first design for a new lifestyle brand that will be…
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