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 -4 April
Authentic Brands to acquire Boardriders
Global brand development Authentic Brands Group has made a binding offer to acquire Boardriders, a global action sports and lifestyle…
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4 April
Asda appoints CBRE to help open 300 stores by 2026
Asda has appointed global real estate advisor CBRE to help with its nationwide store expansion programme. Last October, the retailer…
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4 April
Clarks MD steps down
Footwear retailer Clarks has revealed that its managing director of the UK, Ireland, the Middle East and Africa, Joe Ulloa,…
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3 April
Co-op chair Allan Leighton set to step down
Co-op chair Allan Leighton is set to step down from his role due to corporate governance rules. In February 2024…
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3 April
Boohoo appoints new non-executive director to board
Online fashion Retailer Boohoo has announced the appointment of Alistair McGeorge as an independent non-executive director of the board. McGeorge…
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3 April
M&S denies reports of head office job cuts
Marks and Spencer has dismissed a recent report by The Sunday Times stating that the retailer is looking to dismiss…
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3 April
Esprit posts HK$664m FY22 loss
Esprit has reported a loss of HK$664m (£68.4m) as its 2022 revenues decreased to $7.1m (£856m), marking a 15% decline…
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3 April
The Fragrance Shop to open flagship store on London’s Oxford Street
The Fragrance Shop has confirmed it is to open a brand new flagship global experiential store on Oxford Street later…
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3 April
John Lewis pension assets plunge £2.8bn
John Lewis Partnership saw the market value of its pension assets plunge by £2.8bn last year amid a set of…
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Mar- 2023 -31 March
Prada recruits 400 staff to boost production
Prada Group has announced its plans to recruit over 400 people by the end of 2023, to strengthen its production…
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