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 -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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17 October
Arne opens pop-up shop at Liverpool One
Arne, the popular online men’s and women’s contemporary clothing and footwear brand, has officially welcomed customers to its second bricks-and-mortar…
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17 October
THG maintains guidance following steady Q3
THG has maintained its full-year revenue and EBITDA guidance after welcoming its best quarterly revenue performance in the last year.…
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17 October
Grocery sales stabilise helped by supermarket loyalty scheme discounts
Total Till sales at UK supermarkets experienced sustained growth (+9.1%) in the last four weeks ending 7 October 2023, according…
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17 October
Fred Perry reports record year as profits surge
British heritage brand Fred Perry has reported a “record year” as its profit before tax increased by 34% to £15.6m…
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17 October
Frasers Group acquires Germany retailer SportScheck
Frasers Group has announced that it has entered into a binding agreement with Signa Retail Department Store Holding GmbH to…
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17 October
Shoe Zone revenues rise 6.1% in FY23 despite store closures
Shoe Zone group revenues rose by 6.1% to £165.7m in the year ended 30 September, despite the retailer trading out…
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