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 -30 August
The Works revenues up 5.8% in FY23 despite ‘challenging’ backdrop
The Works’ revenues increased by 5.8% to £280.1m for the year ended 30 April 2023, up from £264.6m in FY22,…
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30 August
Superdry shares suspended amid results delay
Fashion retailer Superdry has had its shares temporarily suspended by the Financial Conduct Authority (FCA) after delaying the publishing of…
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29 August
Boots to open at Battersea Power Station
Boots has announced that it will launch a new beauty only store at Battersea Power Station. The 11,200 sq ft…
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29 August
John Lewis Partnership reduces price of period pants
John Lewis and Waitrose have become the latest retailers to back an industry-wide campaign to reduce the price of period…
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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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