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 -4 May
Aldi crowned cheapest supermarket 11th month in a row
Aldi has been named the cheapest supermarket in the UK for the 11th month in a row by Which. The…
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4 May
Zalando reports €2.3bn revenues in Q1
Zalando, one of Europe’s leading online platforms for fashion and lifestyle, reported a revenue increase of 2.3% to €2.3bn (£2bn) …
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4 May
Nisa to open a further 400 stores in expansion drive
Nisa, the wholesale and independent retail specialist, is set to open a further 400 stores this year as part of…
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4 May
Farfetch launches Reebok partnership
Farfetch, the leading global platform for the luxury fashion industry, has recently launched its European partnership with Reebok, following its…
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4 May
Mothercare enters refinancing talks ahead of FY results
Mothercare has kicked off refinancing talks with its lender in a bid to renegotiate or refinance its debt facility amid…
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4 May
Virgin Wines sales to be lower than expected in FY23
Virgin Wines expects FY23 sales to be “slightly” lower than market expectations at around £60m, with the group’s underlying profit…
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4 May
Hugo Boss reports sales up 25% to €968m
Hugo Boss has reported that its sales increased 25% to €968m (£850.8m) during the first quarter of the year, compared…
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4 May
Next maintains guidance despite better than expected sales
Next has maintained its profit guidance for the full-year despite seeing better than expected sales figures for the first quarter.…
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3 May
Grocery sales fall to 7% amid rise in promotional spending
Total Till grocery sales were subdued in April falling back from 11.7% to 9.7% amid a surge in spending on…
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3 May
Dyson seeks permission for £100m research centre in Bristol
Dyson plans to invest £100m in a new research and development building opposite Castle Park, close to Bristol Bridge, which…
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