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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Apr- 2023 -6 April
Cerruti 1881 and Kent and Curwen acquired for £83m
Biem.L.Fdlkk Garment, a Chinese golf clothing brand, has acquired French fashion label Cerruti 1881 and British menswear brand Kent and…
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5 April
Screwfix to open 85 new stores in 2023
Screwfix, the omn-ichannel retailer, has announced plans to open up to 85 new stores across the UK, Ireland and France…
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5 April
Topps Tiles revenues hit ‘record’ high in H1
Topps Tiles has welcomed a period of “record” revenues for the group in the first half of the year, with…
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5 April
Co-op profits hit £247m but warns on future impact of inflation
Co-op has seen its revenues surge £300m to £11.5bn, up from £11.2bn, for the year ended 31 December 2022. Alongside…
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5 April
Apparel Brands acquires streetwear label Nicce
Apparel Brands Ltd has acquired East London-based streetwear brand Nicce. It will take on the licence for Nicce clothing across…
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5 April
Apple to cut corporate retail jobs
Apple is reportedly set to axe a “very small” number of roles within its corporate retail teams in a bid…
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5 April
N Brown appoints former Hobbs CEO to board
N Brown Group has recently confirmed the appointment of Meg Lustman as an independent non-executive director. Lustman, who is a…
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4 April
Supermarket till value sales rise to 11.5% in March
As food inflation in March soared to 15%1, total till value sales rose to 11.5% in the last four weeks…
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4 April
Varley opens first European store on King’s Road
Athleisure brand Varley is set to open its first ever European store this summer, with a new flagship site on…
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4 April
Body Shop owner sells Aesop to L’Oreal for £2bn
Owner of The Body Shop Natura and Co has announced that it has sold Aesop to L’Oreal in a £2bn…
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