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 -4 May
Nisa to open a further 400 stores in expansion drive
Nisa, the wholesale and independent retail specialist, is set to open a further 400 stores this year as part of…
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4 May
Farfetch launches Reebok partnership
Farfetch, the leading global platform for the luxury fashion industry, has recently launched its European partnership with Reebok, following its…
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4 May
Mothercare enters refinancing talks ahead of FY results
Mothercare has kicked off refinancing talks with its lender in a bid to renegotiate or refinance its debt facility amid…
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4 May
Virgin Wines sales to be lower than expected in FY23
Virgin Wines expects FY23 sales to be “slightly” lower than market expectations at around £60m, with the group’s underlying profit…
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4 May
Hugo Boss reports sales up 25% to €968m
Hugo Boss has reported that its sales increased 25% to €968m (£850.8m) during the first quarter of the year, compared…
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4 May
Next maintains guidance despite better than expected sales
Next has maintained its profit guidance for the full-year despite seeing better than expected sales figures for the first quarter.…
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3 May
Grocery sales fall to 7% amid rise in promotional spending
Total Till grocery sales were subdued in April falling back from 11.7% to 9.7% amid a surge in spending on…
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3 May
Dyson seeks permission for £100m research centre in Bristol
Dyson plans to invest £100m in a new research and development building opposite Castle Park, close to Bristol Bridge, which…
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3 May
John Lewis Partnership appoints new audit and risk committee chair
The John Lewis Partnership has appointed Nicky Dulieu to its board, where she will become chair of the audit and…
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3 May
Skechers appoints new UK&I managing director
Footwear company Skechers has recently announced the appointment of Richard Parker as managing director of the United Kingdom and Ireland. …
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