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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Oct- 2024 -21 October
Hotter Shoes to increase UK production
Hotter Shoes’ new owner, WoolOvers, reportedly has plans to increase the number of products it makes within the UK to…
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18 October
Today’s news in brief-18/10/24
Boohoo’s CEO, John Lyttle, is stepping down after five years, as the company embarks on a strategic review and secures…
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18 October
Sephora to open at Liverpool One in Spring 2025
Sephora UK is continuing to fuel its northern expansion with the announcement of its next store opening at Grosvenor’s city-centre…
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18 October
Tech stores help retail sales beat expectations in September
Retail sales volumes are estimated to have risen by 0.3% in September 2024, beating expectations thanks to strong demand in…
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18 October
Mothercare secures refinancing deal amid Asia expansion plans
Mothercare has agreed a deal that will see it refinance its existing debt facilities with investment firm Gordon Brothers, whilst…
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18 October
Hobbycraft profits plummet 80%
Hobbycraft has reported an 80% drop in profits to £393,000, down from £2m the previous year, for the 52 weeks…
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18 October
Boohoo CEO to leave amid strategic review and new debt deal
Boohoo has announced that its CEO John Lyttle is set to step down after five years in the role. He…
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18 October
Furniture Village doubles employee profit share payouts
Furniture Village has doubled its employee profit share payouts following its strong trading performance for the year ended in June.…
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17 October
Today’s news in brief-17/10/24
N Brown has agreed to a £191m takeover by Falcon 24 Topco, a company led by Joshua Alliance, a member…
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17 October
Mint Velvet opens new store in centre:mk
Mint Velvet, the British womenswear brand, has opened its new boutique and debut Milton Keynes location, within centre:mk’s premium Silbury…
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