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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Aug- 2023 -1 August
Greggs profits jump 14.2% to £63.7m in H1
Bakery retailer Greggs has revealed that its underlying profit before tax excluding exceptional items increased 14.2% to £63.7m in the…
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1 August
JD Sports escapes fine over Leicester City merch deal
JD Sports has managed to avoid a fine despite having broken competition law with Leicester City FC, the Competition and…
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1 August
Travis Perkins profits plummet 31% in H1
Travis Perkins has seen its operating profit plummet 31% to £112m in the first half of the year, reflecting weak…
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Jul- 2023 -31 July
Aldi to remove use by dates on milk
Aldi has announced it is removing use by dates from its fresh milk to help reduce food waste. Britain’s fourth-largest…
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31 July
Superdrug to open tenth Irish store in Dublin
Superdrug will be opening its tenth store in Ireland this Thursday 3 August in Dundrum Town Centre. The new 3,760…
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31 July
Kering appoints Armelle Poulou as CFO
Kering has announced the appointment of Armelle Poulou as its new chief financial officer, effective September 1, 2023. Poulou joined…
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31 July
Prada H1 net revenues up 22%
Prada has announced that its net revenues for the six months ended 30 June were €2.23bn (£1.92bn), up 22% compared…
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31 July
Richemont acquires stake in Gianvito Rossi
Richemont has announced that it has acquired a controlling stake in Gianvito Rossi, the renowned Italian shoemaking maison, in a…
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31 July
Adidas to sell second batch of Yeezys in August
Adidas has announced a further release of the sale of a second batch of unsold Yeezy trainers in phases throughout…
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31 July
Lush pays bosses £5m in bonuses after claiming same amount in support
Lush reportedly paid its managers £5m in bonuses last year despite taking £5.1m in government support and posting a 90%…
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