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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Jun- 2023 -20 June
Kurt Geiger prepares for international expansion amid new funding
Kurt Geiger, the premium footwear and accessories brand owned by international private equity firm Cinven, has recently agreed a new…
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20 June
Mango partners with marine biologist to protect the Mediterranean
Mango has announced a partnership with marine biologist and National Geographic explorer Manu San Félix to support the Declaration of…
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20 June
Amazon launches flexible financing for SMEs
Amazon has launched a flexible financing programme that gives small and medium-sized businesses access to funding linked to their sales,…
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20 June
Grocery price inflation falls to lowest level this year
Like-for-like grocery price inflation has dropped to its lowest level since 2022 and now sits at 16.5% for the four…
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20 June
Peloton UK losses widen to £210m
The UK arm of Peloton has announced losses of £210m for the year ended 30 June 2022, nearly double the…
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20 June
Gear4music falls to £0.4m loss in FY23
Gear4music has reported a loss after tax of £0.4m for the full year ended 31 March 2023, despite its revenue…
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20 June
John Lewis writes down head office by £15m
John Lewis Partnership has reportedly written down the value of its head office in Victoria, London by £15.6m, amid a…
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20 June
Next ups FY guidance as sales improve due to good weather
Next is upgrading its full price sales guidance for the full year by £137m and its full year profit guidance…
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19 June
Boohoo plans for boardroom coup at Revolution Beauty
Boohoo has announced that it has notified the board of Revolution Beauty of its intention to vote against the reappointment…
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19 June
Damian Hopkins awarded CBE for services to retail
Damian Hopkins, the founder and CEO of PDS Radius Brands, has been awarded the honour of CBE, in King Charles…
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