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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Aug- 2022 -4 August
Next raises profit guidance amid strong sales performance
Next has revealed its sales performance exceeded expectations by £50m, leading the retailer to raise its full-year profit guidance by…
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3 August
Mulberry profits rise to £21m as revenues jump 35%
British luxury fashion brand Mulberry has posted profits before tax of £21.3m for the 53-week period ended April 2022, up…
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3 August
Poundland targets 25 new sites amid wide-ranging price cuts
Poundland has confirmed it is set to open 10 new and relocated stores before the end of September, with up…
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3 August
Just Eat parent suffers €3.5bn write down on US business in H1
Just Eat Takeaway has reported a loss of €3.5bn (£2.9bn) in the first half of 2022 (H1), due to an…
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3 August
Hugo Boss hails strongest Q2 in its history
Hugo Boss has reported an operating profit of €100m (£83.4m) for Q2, over double the €42m (£35m) it recorded in…
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3 August
JD Group to open flagship store in Trafford Centre
The JD Group has announced it has agreed a deal with Manchester’s Trafford Centre which will see it launch a…
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3 August
Co-op and Deliveroo extend partnership to 1,400 stores
Co-op and Deliveroo have extended their partnership for a further three years, with plans for the service to be available…
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2 August
VF Corp Q1 revenues surge to $2.3bn
VF Corporation has revealed its Q1 revenues surged 3% to $2.3bn (£1.9bn) boosted by its performance in EMEA and the…
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2 August
Former Asda exec named CEO of Poundstretcher
Poundstretcher has announced the appointment of Derek Lawlor as its new CEO, who succeeds current CEO, Aziz Tayub, with immediate…
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2 August
Women’s Euros final win boosts footfall post-match
High street footfall across the UK on Sunday was up by 4.4% against the previous week during shopping hours, as…
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