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 -25 August
Iceland’s debt rating downgraded as it falls to pre-tax loss
Iceland’s debt rating has been downgraded by Moody’s as its newly filed accounts showed Iceland Foods fell to a pre-tax…
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25 August
French fashion brand Jott to open its first UK store in Marylebone
French fashion brand Jott has announced its first UK store is opening in Marylebone Village in the autumn. Jott is…
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25 August
Cambridge Satchel Company acquired by Chargeurs
The Cambridge Satchel Company has announced it has been sold to French textile company Chargeurs for an undisclosed sum. Created…
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24 August
Richemont agrees deal to offload YNAP stake to Farfetch
Richemeont has revealed it has agreed a deal to offload a majority stake of its e-commerce unit Yoox-Net-A-Porter (YNAP) to…
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24 August
Apricot to exit CVA early
Creditors of Apricot have reportedly voted in favour of the retailer exiting its company voluntary process (CVA) 16 months earlier…
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24 August
Oxford St footfall up 24% as international travel begins to return
Footfall levels on London’s Oxford Street continued on an upward trajectory in July 2022, up 24% from the previous month,…
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24 August
Department stores could be given protected status
Department stores across the UK could be given protected status following a new review of high streets from Historic England. …
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24 August
Co-op Group appoints Shirine Khoury-Haq as CEO
The Co-op Group has announced the appointment of Shirine Khoury-Haq as the supermarket chain’s new CEO. Allan Leighton, chair of…
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24 August
Card Factory appoints non-executive director
Card Factory has announced the appointment of Indira Thambiah as non-executive director, effective 1 September 2022. Thambiah has been appointed…
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23 August
M&S strengthens womenswear team with two appointments
Marks and Spencer has welcomed Emma Fox as its new head of buying for womenswear and will join in October…
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