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- 2024 -7 October
Sainsbury’s to recruit 20,000 staff ahead of festive season
Sainsbury’s revealed it is recruiting 20,000 seasonal roles nationwide in the run up to the Christmas season, including 18,000 at…
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7 October
Mulberry founder suggests LVMH may be best fit for bidder
Roger Saul, the founder of luxury handbag retailer Mulberry, has told This is Money that it would fit “more naturally”…
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7 October
Footasylum secures £35m funding package for expansion
Footasylum is set to accelerate its growth plans across the UK and beyond after securing a £35m revolving credit facility…
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7 October
Yoox Net-A-Porter to be acquired by Mytheresa in €555m deal
Mytheresa has signed a deal to acquire Yoox Net-A-Porter (YNAP) from Richemont for €555m (£464m).Following the deal, Richemont will acquire…
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4 October
Today’s news in brief-4/10/24
Shein is moving ahead with plans for a highly anticipated London IPO, reportedly set to hold informal talks with investors…
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4 October
Co-op to install solar panels on 700 sites
Co-op has announced its ambitions to install solar panels on a target of up to 700 sites across its food,…
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4 October
Frasers increases Mulberry stake after failed takeover bid
Mike Ashley’s Frasers Group has acquired more shares in Mulberry just days after it had a takeover bid for the…
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4 October
M&S Clothing & Home MD joins Refined Networks as NED
M&S Clothing and Home managing director Richard Price has been appointed as a non-executive director at Refined Networks, the global…
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4 October
UK footfall jumps 3.3% in September
UK footfall has risen by 3.3% in September, up from 0.4% in August, as shopper numbers return to increase for…
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4 October
Virgin Wines strikes partnership with Ocado
Virgin Wines has announced that it has agreed a strategic partnership with Ocado.com, commencing from this week, which will give…
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