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 -19 July
Looking Sharp: fashion reseller saves £320K in three months with Inventory Planner
Key facts Multichannel footwear and clothing reseller, Sharp Attire – founded in 2015, with a Shopify-powered webstore and significant Amazon…
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19 July
Profit warnings from FTSE retailers fall in H1
FTSE retailers have issued only 10 profit warnings for the first half of 2023, marking a fall from the 16…
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19 July
Gucci CEO Marco Bizzarri to step down
Marco Bizzarri, president and CEO of Gucci since 2015 and a member of Kering’s executive committee since 2012, is set…
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19 July
Second Amazon warehouse joins strike
Amazon workers from a second warehouse are set to walk out after the GMB Union announced the outcome of a…
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19 July
Inflation falls faster than expected in June
The rate of price rises has fallen to 7.9% in June, down from 8.7% in May, according to the latest…
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19 July
Hotter Shoes rescued through Woolovers deal
The future of footwear retailer Hotter Shoes has been secured following a sale of the business to Woolovers Group. Will…
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18 July
Hollister and Gilly Hicks open at Liverpool ONE
Hollister Co, the global teen retailer division of Abercrombie & Fitch, has recently opened at Liverpool ONE featuring an updated…
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18 July
Tesco explores freehold acquisitions to combat inflation
Tesco is reportedly looking to acquire the freeholds of more stores in order to minimise its lease liabilities and reduce…
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18 July
Supermarkets see largest drop in grocery price inflation since its peak
Grocery price inflation has seen its steepest decline since inflation peaked in March this year, falling 1.6 percentage points to…
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18 July
Authentic Brands Group appoints Kevin Wills new CFO
Authentic Brands Group, a global brand development, entertainment and marketing platform, has announced the appointment of Kevin Wills as chief…
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