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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May- 2023 -11 May
Lush unveils new Green Hub in Poole
Handmade cosmetics company Lush has announced the competition of its new Green Hub near its headquarters in Poole, Dorset. While…
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11 May
Adidas revenues remain flat in Q1
Apparel company Adidas reported flat currency-neutral revenues in Q1 compared to the same period last year. Currency-neutral sales in North…
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11 May
BoE raises interest rate for 12th time to 4.5%
The Bank of England (BoE) has raised interest rates for the 12th consecutive time to 4.5%, up from 4.25%. The…
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11 May
Nordstrom appoints Cathy R. Smith as CFO
Nordstrom has announced the appointment of Cathy R. Smith as chief financial officer, effective 29 May, 2023. Smith joins Nordstrom…
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11 May
Roberts Radio appoints new CEO
British audio brand, Roberts Radio, has recently appointed Owen Watters as its CEO, returning to the business in a role…
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11 May
BRC calls for Windsor Framework labelling clarity
The British Retail Consortium (BRC) has called on the government to provide clarity for UK supermarkets on labelling issues caused…
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11 May
Ebay launches Carbon Academy to help small businesses
Ebay has announced the launch of Carbon Academy to help small businesses to reduce their carbon footprint and accelerate their…
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11 May
Slowear appoints former Gucci VP as CEO
Italian fashion retailer Slowear has announced the appointment of Piero Braga, the former executive vice-president of Gucci, as its new…
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11 May
Tesco, Sainsbury’s, Lidl and Aldi cut price of bread and butter
Tesco, Sainsbury’s, Lidl and Aldi are the latest supermarkets to drop the price of bread and butter across their stores…
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10 May
Hugo Boss targets younger customers with new denim brand
Following its brand refresh last year, Hugo Boss is launching a new denim brand in a bid to attract younger…
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