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 -2 August
VF Corp revenues drop to $2.1bn in Q1 FY24
American apparel and footwear company VF Corp has revealed that its revenues declined 8% to $2.1bn (£1.5bn) for the first…
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2 August
Dr Martens shares rise after Sparta Capital builds stake
Dr Martens saw its share price boosted at the start of this week (31 July) after it was targeted by…
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2 August
Hugo Boss raises guidance amid strong Q2 sales
Hugo Boss has raised its full-year guidance after a 20% increase in group sales to €1.02bn (£880m) during the second…
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2 August
Scamp and Dude to open stores in Edinburgh and London
The independent fashion brand, Scamp and Dude, has announced its expansion with two new stores in Edinburgh’s St James Quarter…
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2 August
Farfetch appoints new CFO
Farfetch, the leading global platform for the luxury fashion industry, has announced the appointment of Tim Stone as chief financial…
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2 August
Co-op boss hits back at profiteering claims amid rise in shoplifting
Co-op Food boss Matt Wood has “lashed out” at supermarket profiteering claims amid a surge in crime at the group’s…
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1 August
Swarovski launches new concept store at Liverpool One
Grosvenor has announced that Swarovski, the luxury crystal jewellery brand, has opened at Liverpool ONE, in a move that marks…
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1 August
Cotton Traders reveals year-long partnership with Alex Jones
British heritage fashion brand, Cotton Traders, has announced its new year-long partnership with broadcaster Alex Jones, its latest female celebrity…
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1 August
Skechers reports record revenues in Q2
Footwear retailer Skechers has reported record quarterly sales of $2.01bn (£1.56bn), a YOY increase of 7.7%. For the 12 weeks…
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1 August
L Catterton eyes $8bn Birkenstock IPO
Private equity owner L Catterton is reportedly considering launching an initial public offering of German sandal retailer Birkenstock as soon…
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