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 -29 August
Natura and Co considers Body Shop sale
Natura and Co is considering potentially selling The Body Shop as a result of its poor post-pandemic performance. The company…
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29 August
Clintons to shut 38 stores as part of restructuring plan
Clintons is reportedly set to close 38 stores in a bid to stave off its collapse for at least 12…
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29 August
Authentic Brands partners with Baozun for Hunter China
Authentic Brands has announced a joint venture with Baozun for Hunter in Greater China and Southeast Asia. Through this partnership,…
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29 August
Shop price annual inflation slows to 6.9% in August
Shop price annual inflation decelerated further to 6.9% in August, down from 7.6% in July, the BRC has said. The…
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29 August
Frasers ups Asos stake to 19.3%
Mike Ashley’s Frasers Group has announced that it has once again upped its stake in Asos to 19.3%, up from…
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25 August
Puma appoints new general manager of Europe
Sports company Puma has recently appointed Javier Ortega as new general manager of Europe, effective from September 1, 2023. He…
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25 August
Sparc Group agrees strategic partnership with Shein
Sparc Group Holdings has announced a strategic partnership with Shein, the global integrated online marketplace for fashion, beauty and lifestyle…
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25 August
Quiz non-exec director steps down
Fast fashion brand Quiz has announced that non-executive director Charlotte O’Sullivan intends to step down from the board of directors…
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25 August
John Lewis Partnership to recruit over 10,000 roles
The John Lewis Partnership has announced that it is recruiting for more than 10,000 new roles. Of the new roles,…
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25 August
HMV owner makes last-ditch bid for Wilko
Canadian businessman Doug Putman has reportedly made a last-ditch attempt to rescue parts of Wilko in a move that could…
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