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.
-
Jun- 2023 -15 June
H&M revenue growth stalls in Q1
H&M Group has revealed a 6% year-on-year rise in revenues to SEK 57.6bn (£4.2bn) for the first 12 weeks ended…
Read More » -
15 June
Co-op launches 9-point plan to increase social mobility
Co-op is taking action to break the ‘Class Ceiling’, as new research has found that a significant number of people…
Read More » -
15 June
Amazon Coventry workers to extend strikes for six months
Amazon strikers in Coventry have voted for six more months of industrial action as the biggest walk out of the…
Read More » -
15 June
Lids hires new head of brand and collaborations
Sports retailer Lids has announced the appointment of Ariel Sandler as the company’s new head of brand and collaborations. Lids…
Read More » -
15 June
Asos returns to profitability despite revenue drop
Online retailer Asos has announced that it has returned to profitability after its EBIT rose more than £20m year on…
Read More » -
15 June
N Brown Q1 sales hampered by poor weather
N Brown has seen revenues fall by 9.9% to £148.7m in its first quarter of trading, attributed to poor weather…
Read More » -
15 June
Issa Brothers near £650m Asda property sale
Mohsin and Zuber Issa are on the brink of selling a part of Asda’s property portfolio to a US investor…
Read More » -
14 June
Just Hype strengthens management team
Leicester-based Just Hype, a global fashion and accessories brand, has announced the appointment of two new executives to further strengthen…
Read More » -
14 June
WH Smith completes refinancing with £400m facility
WH Smith has completed the refinancing of its existing £363m lending facilities after securing a £400m sustainability-linked facility. The group’s…
Read More » -
14 June
GMB invites business secretary to meet striking Amazon workers
The GMB Union has invited secretary of state for business and trade, Kemi Badenoch MP, to meet striking Amazon workers…
Read More »
