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.
-
Feb- 2023 -10 February
New Look closes more UK stores
New Look has confirmed that several stores across the UK have been closed by the retailer, which noted the closures…
Read More » -
10 February
Adidas lowers guidance amid Kanye West split
Adidas has announced that it expects its revenues to drop at least €1.2bn (£1.1bn) as a result of its split…
Read More » -
10 February
Watches of Switzerland falls short of expectations amid Christmas strikes
Watches of Switzerland has reported that its revenues increased 17% to £407m in the 13 weeks to January 29 this…
Read More » -
9 February
Boux Avenue and Ryman face ‘uncertainty’ over refinancing
Theo Paphitis Retail Group, the parent company of Boux Avenue, Ryman and Robert Dyas, has warned that some of its…
Read More » -
9 February
Seasalt partners with Reskinned for new takeback and resale scheme
Seasalt has announced it has partnered with Reskinned, to launch a new takeback and resale scheme. As part of the…
Read More » -
9 February
Under Armour unveils ambitious UK expansion plans
Under Armour will open three new brand-owned stores in key cities throughout the UK over the next couple of months,…
Read More » -
9 February
VF Corp Q3 revenues down as Vans underperforms
Vans owner VF Corporation has announced a 3% drop in revenue driven by a 13% fall in sales from the…
Read More » -
9 February
Very CFO appointed chief finance and transformation officer
Digital retailer Very has announced the appointment of its CFO Ben Fletcher to the newly-created role of chief finance and…
Read More » -
8 February
Frasers completes acquisition of five JD Sports fashion brands
Frasers Group has revealed it has completed the acquisition of five premium fashion brands from JD Sports as part of…
Read More » -
8 February
Inflation to add £18.2bn to UK non-food sales
Inflation is set to add around £18.2bn to non-food sales in the UK according to the Ecommerce Delivery Benchmark Report…
Read More »
