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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Aug- 2023 -31 August
Former Debenhams staff win legal battle against retailer
More than 400 former Debenhams staff who lost their jobs after the company went into administration have won a legal…
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31 August
Lanvin Group sales rise 6.4% in H1
Global luxury fashion brand Lanvin Group has reported a 6.4% increase in revenues to €215m (£182.7m) for H1 2023. It…
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31 August
Frasers ups Boohoo stake to 9.1%
Frasers has announced that it has increased its stake in fashion retailer Boohoo to 9.1%. The latest increase takes the…
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30 August
Bank holiday boosts footfall by 10.5% on Sunday
Footfall on Sunday (27 August) was +10.5% higher than the week before, rising in all three destination types; by +9%…
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30 August
Wilko bidder criticises PwC over bidding process
Restructuring specialist M2 Capital has reportedly criticised the administrators of Wilko after submitting a last-minute offer to rescue the retailer. …
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30 August
M&S to re-enter FTSE 100
M&S is expected to return to the FTSE 100 for the first time in four years following a sustained rise…
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30 August
The Works revenues up 5.8% in FY23 despite ‘challenging’ backdrop
The Works’ revenues increased by 5.8% to £280.1m for the year ended 30 April 2023, up from £264.6m in FY22,…
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30 August
Superdry shares suspended amid results delay
Fashion retailer Superdry has had its shares temporarily suspended by the Financial Conduct Authority (FCA) after delaying the publishing of…
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29 August
Boots to open at Battersea Power Station
Boots has announced that it will launch a new beauty only store at Battersea Power Station. The 11,200 sq ft…
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29 August
John Lewis Partnership reduces price of period pants
John Lewis and Waitrose have become the latest retailers to back an industry-wide campaign to reduce the price of period…
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