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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Dec- 2022 -13 December
Sosander sees 72% increase in FY23 H1
Sosander has announced net revenues of £21m in H1 FY23 ended 30 September, a 72% increase against the same period…
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13 December
Pepco to accelerate expansion plans as revenues hit €4.8bn
Poundland owner Pepco has announced that it will accelerate its expansion plans after it posted revenues of €4.8bn (£4bn) for…
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13 December
Silverwood Brands acquires stake in Lush Cosmetics for £216.8m
Silverwood Brands has acquired a 19.8% stake in Lush Cosmetics, the prominent manufacturer and seller of handmade skincare goods and…
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12 December
Superdry boss eyes potential buyout
The founder and current CEO of Superdry, Julian Dunkerton, has reportedly held talks with private equity firms over a potential…
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12 December
UK economy returns to growth in October
The UK economy returned to growth in October following the period of national mourning after the death of the Queen,…
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12 December
4 in 5 shoppers using social media to find Christmas gift ideas
The inaugural Shop Social study, conducted by social media experts Maybe*, (https://www.maybetech.com/) has found that the products we are most…
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12 December
Monsoon sales rise 43% in FY22
Monsoon saw its sales rise 43% to £258m and a strong gross margin performance of 5.3% that helped double the…
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12 December
M&Co appoints administrators
M&Co has fallen into administration after struggling with rising input costs as well as lower consumer confidence in recent months.…
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12 December
Tesco begins search for independent chairman replacement
Tesco has reportedly begun proceedings to find a replacement for its independent chairman, John Allan, who will step down in…
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9 December
Primark to open 10 stores before Christmas
Primark’s parent company Associated British Foods (ABF) has announced that it is set to open 10 new stores before Christmas.…
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