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.
-
Mar- 2023 -30 March
Decathlon launches UK first rental scheme
Sports retailer Decathlon has launched a rental service across all of its UK stores, becoming the first sports retailer in…
Read More » -
30 March
Lululemon revenues increase 30% in FY22
Lululemon’s full-year net revenues have increased by 30% to $8.1bn (£6.6bn), the athleisure company has revealed in its FY22 statement.…
Read More » -
30 March
Brunel shopping centre to focus less on retail
Swindon’s Brunel shopping centre has announced plans for redevelopment with less of a focus on retail. According to the BBC…
Read More » -
30 March
Moonpig revenues remain unchanged at £320m in FY22
Moonpig has revealed that the group’s annual revenues for the financial year ending 30 April remain unchanged at roughly £320m,…
Read More » -
29 March
Asda profits fall 24% to £886m amid attempts to mitigate inflation
Asda has revealed its full-year profits declined 24% to £886m during the 52-week period ending 31 December due to its…
Read More » -
29 March
Aviva acquires Southampton retail park
Aviva Investors, the global asset manager of Aviva plc, has revealed it has acquired the Hedge End Retail Park in…
Read More » -
29 March
American Golf appoints new CEO
International Leisure Group in conjunction with Endless LLP has announced Nigel Oddy as its newly appointed CEO. Oddy will succeed…
Read More » -
29 March
Unbound Group shares surge amid possible takeover
Unbound Group saw its shares surge on Tuesday (28 March) after the clothing company announced a possible cash offer by…
Read More » -
29 March
Next profits jump 5.7% to £870m amid anticipation of future decline
Next has announced that its pre-tax profits rose 5.7% to £870m, up from £823m, for the year ended 31 January…
Read More » -
29 March
Next acquires Cath Kidston for £8.5m with job losses expected
Next has agreed to acquire the brand name, domain names and intellectual property of Cath Kidston for £8.5m, with job…
Read More »
