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 -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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31 July
Frasers Group to axe 100 roles in Manchester
Frasers Group is reportedly set to axe more than 100 roles in its head office in Manchester in a bid…
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28 July
John Lewis appoints head of customer planning and channels
John Lewis has announced the appointment of Andreas Nicolaides as the head of customer planning and channels, effective from October,…
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28 July
Tesco to sell food bank donation bags in 300 stores
Small donation bags pre-filled with items most needed by food banks are to go on sale in 300 Tesco stores…
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28 July
Kering acquires 30% stake in Valentino
Luxury fashion house Kering has entered into a binding agreement for the acquisition of a 30% shareholding in Valentino, for…
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