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 -17 August
Boohoo makes strategic investment into Revolution Beauty
Boohoo has announced that it has recently made a strategic investment into Revolution Beauty Group plc amounting to a direct…
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17 August
Battersea Power Station adds further list of brands to portfolio
Battersea Power Station announced that it will be adding more leisure brands, which will be opening in the iconic Grade…
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17 August
Asos COO and CFO Mat Dunn to step down
Asos has revealed that its chief operating officer (COO) and chief financial officer (CFO), Mat Dunn, will step down from…
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16 August
Reebok owner acquires Ted Baker for £211m
Authentic Brands Group (ABG), the parent company of Reebok, has reached an agreement to acquire Ted Baker for approximately £211m,…
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16 August
Grocery price inflation hits new peak, Kantar finds
Supermarket sales rose by 2.2% in the 12 weeks to 7 August according to the latest take-home grocery figures from…
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16 August
Body Shop owner sees revenues decline 8.6%
Natura & Co, the owner of The Body Shop, Avon and Aesop has seen its group revenue decline 8.6% in…
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16 August
Wages see highest fall on record amid rising inflation
Regular pay in the UK has fallen by a “record” 3% in the quarter ending June 2022, the steepest decline…
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16 August
Kick Game appoints PwC to explore £150m sale
Kick Game, a footwear reseller, has reportedly hired PricewaterhouseCooper (PwC) to explore options which could include a £150m sale, according…
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16 August
Watches of Switzerland Q1 revenues hit £391m
The Watches of Switzerland Group PLC has reported a 31% rise in group revenues year-on-year from £297m to £391m for…
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15 August
Canada Goose profits soar amid retail expansion
Canada Goose has reported “better than expected” gross profits of $42.7m (£35.3m) for the first quarter fiscal 2023 ended July…
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