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 -20 October
John Lewis appoints new head of brand and store experience
The John Lewis Partnership has announced the appointment of Paul Jones as its new head of brand and store experience.…
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19 October
Today’s news in brief-19/10/23
Adidas has revised its full-year projections upward following robust Q3 2023 results. The sportswear giant’s performance was positively impacted by…
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19 October
Matalan posts resilient Q2 revenues
Matalan has posted revenues of £288.6m for the 13 weeks ended 26 August 2023, an increase of 0.8% compared with…
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19 October
Dunelm eyes increased market share amid strong Q1
Dunelm has seen sales rise by 9% to £390m in the first quarter of the year, following a strong period…
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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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