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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Jan- 2025 -14 January
Card Factory revenues rise 4.7% over Xmas period
Card Factory has revealed that total revenues rose by 4.7% in line with expectations in November and December, thanks to…
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14 January
Brunello Cucinelli revenues surge to €1.27bn
Brunello Cucinelli has reported a 12.1% rise in FY revenues to €1.27bn (£1.07bn), thanks to “very positive sales” throughout the…
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14 January
Authentic Brands Group names Matt Maddox as president
Authentic Brands Group, a global brand development and licensing platform valued at $20bn (£16.3bn), has announced the appointment of Matt…
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14 January
Ocado retail revenues rise 17% amid boost in active customers
Ocado has revealed that its retail revenue rose 17.5% to £715.8m for the 13 weeks ended 1 December 2024. Alongside…
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14 January
JD Sports lowers FY guidance after ‘challenging’ winter
JD Sports has lowered its full-year guidance after it struggled with a “challenging and volatile” market over the Christmas period. …
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13 January
Tesco urges gov to deliver plan for UK agriculture
Tesco is calling on the government to provide a clear and comprehensive plan to support UK farmers transition to net…
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13 January
Today’s news in brief-13/1/25
Asda announced a significant overhaul of its operations, cutting 13 regional manager roles and consolidating management of supermarkets and express…
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13 January
Perfume Shop launches new app to boost store experience
The Perfume Shop has implemented the first phase of its new Store+ app initiative designed to enhance the customer’s shopping…
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13 January
Majestic hails successful festive sales performance
Majestic has reported a 1.9% rise in total sales during the six-week period to 30 December 2024, beating its previous…
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13 January
Boots sales rise 8.1% in Q1
Boots has delivered a “strong” first quarter with total comparable retail sales up 8.1% YoY for the three months ended…
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