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 -17 May
Nirvana Brands acquires Lovely Distribution Company
Nirvana Brands Limited, a distributor of luxury beauty products, has announced the acquisition of Lovely Distribution Company, the owner and…
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17 May
Castore considers further expansion in Europe
Sportswear brands Castore is planning to expand in Europe following further sports partnerships, Retail Week has revealed. The brand backed…
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17 May
JD Sports profits set to top £1bn
JD Sports has announced that its profits for 2023-24 are expected to top £1bn after posting a profit before tax…
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17 May
John Lewis offers paid leave to foster carers
The John Lewis Partnership has announced that it will offer additional paid leave to all new foster carers within its…
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17 May
Harrods boss calls for return of VAT-free shopping for overseas visitors
The managing director of Harrods, Michael Ward, has called on the government to rethink its removal of VAT-free shopping for…
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17 May
Watches of Switzerland revenues hit £1.5bn in FY23
Watches of Switzerland has revealed that the group’s revenues reached £1.5bn for the year ending 30 April, as its UK…
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16 May
Mamas and Papas launches resale and repair initiative
High street nursery retailer, Mamas and Papas, has launched a new ‘Loved for Life’ initiative, which offers a range of…
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16 May
Angling Direct appoints new CFO
Angling Direct, the leading omni-channel specialist fishing tackle and equipment retailer, has recently announced the appointment of Sam Copeman as…
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16 May
CMA to investigate competition failure among supermarkets
The Competition and Markets Authority (CMA) has announced that it will be “stepping up” its work in the grocery sector…
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16 May
Unemployment rises to 3.9%
The unemployment rate for January to March 2023 increased by 0.1 percentage points during the first quarter to 3.9% amid…
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