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 -2 May
Footasylum to open Oxford Street flagship
Fashion streetwear and sportswear retailer, Footasylum, has announced that it will be opening a flagship store at 73-89 Oxford Street,…
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2 May
Castore forecasts 100% revenue growth to $250m in 2023
British sportswear brand, Castore, has revealed it expects 2023 revenues to jump 30% to $250m (£200m), and a representative increase…
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2 May
CMA urged to investigate ‘profiteering’ supermarkets amid high inflation
The Liberal Democrats have called on the Competition and Markets Authority (CMA) to investigate “profiteering” supermarkets after food price inflation…
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2 May
Anthropologie announces three new leadership appointments
Anthropologie Group, the American lifestyle brand, has recently announced new leadership appointments to its team. Anthropologie’s global chief executive officer,…
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2 May
Shop price inflation falls for first time in 2023
Shop price inflation is thought to have peaked in the first week of April, according to the BRC, after it…
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2 May
Superdry in talks for £15m share sale
Superdry has confirmed that it is in talks to raise capital which, according to Sky News, could be worth around…
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2 May
John Lewis to downsize head office in cost-cutting efforts
John Lewis is looking to halve its office space in an effort to cut costs through a loose hybrid working…
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Apr- 2023 -28 April
L’Occitane Group unveils its net-zero roadmap
The L’Occitane Group has unveiled a new net-zero roadmap as part of its commitment to reach a science-based net-zero target…
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28 April
UK consumers saving cash due to mislabeling, Brother UK finds
UK shoppers are cashing-in on price label blunders, with 41% of consumers having personally saved money on products that have…
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28 April
BrandAlley UK acquires Internet Fusion Group
Online retailer of off-price luxury brands, BrandAlley UK, has announced its acquisition of certain assets belonging to Internet Fusion Group,…
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