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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Sep- 2023 -26 September
Asos cuts guidance amid falling sales
Asos has lowered its full-year guidance after sales fell by 15% in the three months ended 3 September. The group…
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26 September
Card Factory profits soar 70% amid strong store sales
Card Factory has seen profits soar by 72.7% to £24.7m in its half-year results, up from £14.3m the prior year.…
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25 September
Today’s news in brief- 25/09/23
H&M has reversed its earlier decision to impose a processing fee of £1.99 for in-store returns of online purchases. The…
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25 September
Kenji and Rituals set to open at Merry Hill
Sovereign Centros has announced that Kenji, the design-led homeware retailer, and Rituals, the luxury beauty and wellbeing brand, have signed…
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25 September
BP appoints new VP of marketing for Europe retail team
BP has announced the appointment of Claire Farrant as its new VP of marketing for the mobility and convenience retail…
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25 September
M&S adds Adidas and Sweaty Betty to sports platform
Marks and Spencer has announced it will welcome Adidas and Sweaty Betty to its ‘The Sports Edit on M&S’ platform…
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25 September
UK consumer confidence up four points, says GFK
GfK’s long-running Consumer Confidence Index increased four points to -21 in September amid falling inflation figures, growth in wages and…
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25 September
THG’s £200m HQ sale falls through
THG boss Matt Moulding has reportedly seen his plan to offload the business park which hosts the headquarters of THG,…
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25 September
Aldi to invest £1.4bn in UK-wide expansion
Aldi has announced that it would increase its rate of investment in the UK in the next two-year period to…
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25 September
H&M makes U-turn over in-store return fee
H&M has recently decided not to charge customers a processing fee of £1.99 for online returns made in store, according…
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