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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Oct- 2022 -10 October
Levi Strauss & Co reports stagnant profits amid unfavourable conditions
Levi Strauss and Co has announced its gross profits for the three months ended 28 August 2022 were up by…
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10 October
Joules says CVA is a ‘potential option’ amid turnaround plan
Joules has announced that a Company Voluntary Arrangement (CVA) is one of other “potential options” as the retailer develops its…
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10 October
Quiz revenues rocket 37% as demand soars
Quiz revenues have soared by 37.2% in the last six months, hitting £49.4m in results that were ahead of its…
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7 October
Farfetch to accept cryptocurrency payment option
Farfetch, the global platform for the luxury fashion industry, has announced that it will offer cryptocurrency as a payment method…
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7 October
AO scraps COO role after resignation
AO has announced it has scrapped its COO role following the departure of Danny Emmett from the position, according to…
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7 October
Pets at Home appoints chief people officer
Pets at Home has announced the appointment of Rachel Mooney as its new chief people officer. Prior to joining the…
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7 October
Superdry swings to profit but ‘cautious’ on near future
Superdry has returned to profitability as pre-tax profits surged to £21.9m in the 53 weeks ended 30 April 2022 (FY22),…
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6 October
Footfall slows to +6.8% in September
UK footfall slowed for the third consecutive month and now sits just 6.8% compared with the same period in 202,…
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6 October
Tesco to cut over 300 head office roles amid soaring inflation
Tesco is set to cut over 300 jobs from its head office as part of a major shake up after…
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6 October
Aldi to recruit 3,000 Christmas roles
Aldi has announced that it is set to create around 3,000 new jobs ahead of the festive period this year…
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