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 -7 December
Naked Wines appoints UK MD as new CFO
Naked Wines has appointed James Crawford as CFO and as an executive director with immediate effect. Crawford has been serving…
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7 December
Moonpig lowers sales forecast ahead of uncertain Christmas
Greeting card retailer Moonpig has lowered its sales forecast for 2023 to £320m down from £350m in the half year…
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7 December
MusicMagpie sees revenues drop to £144.8m
Music Magpie, who specialises in refurbished consumer technology, has announced its full-year revenue for the group will be £144.8m, down…
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7 December
Quiz returns to profitability in H1 as demand rises
Quiz has welcomed a “significant” increase in profitability in its half-year results, as profit before tax hit £1.8m, up from…
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7 December
Fenwick sells Bond Street store for £430m
Fenwick, the 140-year-old department store, has announced that it will be closing its New Bond Street branch in central London…
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6 December
Victorian Plumbing revenues recover in H2
Victorian Plumbing has revealed its performance recovered in the second half of the year with revenues up 6% meaning its…
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6 December
Asda to create 10,000 new jobs
Asda has announced plans to create 10,000 new jobs over the next four years as it rolls out its Asda…
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6 December
VF Corp names Benno Dorer as interim CEO
VF Corporation has announced that Benno Dorer, lead independent director of the VF board, has been named interim president and…
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6 December
Footfall rises 5.4% amid ‘cause for optimism’
Footfall rose by +5.4% across all UK retail destinations last week from the week before, with increases across all three…
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6 December
Sephora appoints new UK managing director
Sephora has announced the appointment of Sarah Boyd as its new managing director for the UK business. She is due…
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