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 -2 June
Farfetch announces New Guards Group management changes
Farfetch, the global platform for the luxury fashion industry, has appointed Cristiano Fagnani to the role of CEO of Off-White.…
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2 June
Lululemon revenues hit $2bn in Q1
Lululemon revenues have increased by 24% to $2bn (£1.6bn) during the first quarter of 2023, as sales increased 17% on…
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1 June
M&S to freeze price of school uniforms
M&S has announced that it will be freezing the price of its school uniforms for a third of the year,…
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1 June
Ikea owner acquires supply chain solution provider Made4net
Ingka Group, owner of Ikea, has recently acquired Made4net, a leading US-based supply chain software solution provider, to improve its…
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1 June
Nike appoints new Converse CEO
Nike has announced that Jared Carver will succeed Scott Uzzell as the new president and CEO of Converse, effective 1…
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1 June
Government’s red tape driving up prices for food firms, warns Iceland
The government’s red tape and regulations are “driving up” costs for British food businesses, Iceland has warned. According to The…
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1 June
WHSmith to bring Toys R Us back to the UK high street
WHSmith and Toys R Us have today announced the locations of nine WHSmith High Street stores which will be unveiling…
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1 June
Dr Martens profits drop 29% to £128m
Dr Martens has reported that its profit after tax declined 29% to £128m for the year ended 31 March 2023,…
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1 June
Cotton Traders hails ‘most successful’ year to date
Fashion retailer Cotton Traders has welcomed its “most successful financial year to date”, announcing it has increased its yearly turnover…
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May- 2023 -31 May
Tommy Hilfiger and Calvin Klein sign deal at Caledonia Park
Tommy Hilfiger and Calvin Klein have signed at Caledonia Park, Scotland’s premium designer outlet village, following a record-breaking first quarter…
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