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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Nov- 2022 -11 November
Ralph Lauren welcomes ‘better than expected’ Q2
Ralph Lauren has welcomed “better than expected” trading in Q2, as revenues grew by 5% to $1.6bn (£1.36bn) over the…
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11 November
The Works sales rise in H1 despite online slowdown
The Works has reported total sales for the half-year increased by 2.1%, with total like-for-like sales having increased 0.6%. Store…
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10 November
Poundland to close on Boxing Day and New Year’s amid recruiting drive
Poundland has revealed that for the third year in a row all its stores will be closed on Boxing Day…
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10 November
B&M maintains FY23 outlook despite £40m profit drop
B&M has maintained its previous guidance for the full year (FY23) with group adjusted Ebitda expected to be in the…
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10 November
WH Smith profits soar amid global travel return
WH Smith has reported a headline pre-tax profit of £61m for the year to the end of August, against a…
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10 November
Revolution Beauty CEO resigns amid audit investigation
Revolution Beauty has announced that CEO Adam Minto has resigned as a director and stepped down from the business “with…
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10 November
Next Boss urges gov to allow more overseas workers
Next CEO Simon Wolfson has urged the government to allow more overseas workers into the UK on account of the…
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9 November
Atomos partners with WTW
Atomos has appointed WTW to provide multi-asset investment solutions for its UK-based retail investment portfolios. The agreement, based on a…
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9 November
Allbirds sees Q3 profits fall despite strong revenues
US footwear retailer Allbirds, which operates three stores in London and a concession in Selfridges, has revealed its gross profits…
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9 November
Adidas lowers forecast amid Yeezy split
Adidas has lowered its full year guidance for FY22 with total revenues now expected to grow at a low-single-digit rate…
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