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 -5 May
UK footfall jumps 7.2% in April
Footfall rose by +7.2% from March to April, reversing a drop of -2.8% from February to March according to the…
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5 May
Holland and Barrett acquires FitTech startup Avie
Holland and Barrett, has announced the acquisition of start-up FitTech company Avie as part of its strategy to extend its…
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5 May
Boohoo settles £156m court case over fake discounting claims
Boohoo has settled a $197m (£156m) court case in the US after the online retailer was accused of faking discounts…
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5 May
Kontoor Brands sales dip 2% to $667m
Kontoor Brands has reported a decline in sales of 2% to $667m ( £528m) during the first quarter ended 1…
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5 May
Joe Browns turnover rises 20.9% in strongest year to date
Fashion and homeware retailer Joe Browns has reported that turnover rose by 20.9% to £47.3m in the 12 months to…
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5 May
Apple’s revenue recovers amid March iPhone sales boost
Apple has revealed that March iPhone sales have set an all-time high record in its service division, as revenue for…
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4 May
L’Occitane sales jump 17% to €2.1bn
Beauty retail group L’Occitane has revealed its net sales jumped 17% to €2.13bn (£ 1.85bn) in the 12 month period…
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4 May
PDS Limited forms PDS Radius Brands following acquisition
Global fashion supply chain platform, PDS Limited, has revealed its majority acquisition of brand management and licensing business, The Radius…
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4 May
Aldi crowned cheapest supermarket 11th month in a row
Aldi has been named the cheapest supermarket in the UK for the 11th month in a row by Which. The…
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4 May
Zalando reports €2.3bn revenues in Q1
Zalando, one of Europe’s leading online platforms for fashion and lifestyle, reported a revenue increase of 2.3% to €2.3bn (£2bn) …
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