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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Jul- 2023 -26 July
Government delays packaging tax by a year
The Government has revealed that new rules to ensure packaging producers pay for the cost of recycling their packaging will…
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26 July
THG in talks to buy City A.M.
Online beauty retailer THG is reportedly in advanced talks with London business newspaper, City A.M. to acquire it through a…
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26 July
LVMH revenues up 15% for H1 2023
LVMH, the owner of Moët Hennessy Louis Vuitton, has posted revenues of €42.2bn (£36.2bn) for the first half of 2023,…
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26 July
H&M sues Shein over copyright infringement
H&M is reportedly suing fast-fashion company Shein for copyright infringement in Hong Kong, according to Bloomberg News. Reports said that…
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26 July
Aldi slashes prices of fruit and vegetable products
Aldi has announced price cuts on fruit and vegetable products in order to help customers during the cost of living…
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26 July
Boohoo ups stake in Revolution Beauty amid falling shares
Boohoo has increased its holdings in Revolution Beauty from 26.4% to 27.1%, as shares in the online makeup retailer continue…
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25 July
Greggs opens new Gatwick Airport site
Greggs has yesterday (24 july) opened a new shop in Gatwick Airport’s South Terminal, marking the first airport site in…
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25 July
Poundland brings back £1 price point amid lessening inflation
Poundland has today (25 July) reduced the price of big brand “family favourite” products, many of which went back to…
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25 July
Under Armour opens new Brand House on Oxford Street
Under Armour has opened its latest Brand House in London on Oxford Street. The Oxford Street location, which opened on…
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25 July
Superdry to close eight UK stores
Fashion retailer Superdry has confirmed that it is closing eight of its franchise stores in the UK, according to Drapers.…
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