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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Oct- 2024 -1 October
Authentic Brands acquires Champion in $1.2bn deal
Authentic Brands Group has announced that it has finalised the acquisition of athleticwear brand Champion in a $1.2bn (£899m) deal.…
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1 October
Greggs sales rise 10.6% in Q3
Greggs has reported “good” like-for-like sales growth over the Q3 ended 28 September, as total sales rose 10.6% and like-for-like…
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1 October
Mulberry rejects Frasers’ £83m takeover offer
Mulberry has rejected a £83m offer from Frasers to take over the company, after stating its offer “did not recognise…
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1 October
Sleepeezee pre-tax profits dip to £159k in FY23
Bed retailer Sleepeezee has reported a pre-tax profit of £159,261 for the year ended 31 December 2023. According to statements…
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1 October
Dobbies to close 17 stores as it unveils restructuring plan
Dobbies Garden Centres Limited has launched a restructuring plan that will see the closure of 17 unprofitable stores to address…
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Sep- 2024 -30 September
Today’s news in brief-30/9/24
Boohoo is reportedly considering a break-up of its business, following pressure from shareholders to revive the company’s declining fortunes. Boohoo’s…
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30 September
Peak Performance opens new shop in Covent Garden
Scandinavian outdoor brand Peak Performance has opened its debut UK store in Covent Garden. Renowned for its bold design and…
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30 September
Dreams sales jump 2.2% amid record store investment
Dreams has revealed turnover increased by 2.2% to £395.4m for the 52 weeks ending December 2023, following a period of…
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30 September
Mulberry to raise £10m amid £34m loss in FY24
Mulberry has announced a plan to raise £10m as it faces a loss before tax of £34.1m for the year…
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30 September
Former Missguided owner in talks to buy Kurt Geiger
Alteri Investors, former owner of Missguided, is reportedly among a number of parties in discussions to buy Kurt Geiger, according…
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