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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Jul- 2022 -14 July
Pepco Q3 revenues jump 17.4% amid expansion plans
Pepco Group has reported its group revenues increased 17.4% year-on-year to €1.21bn (£1.02bn) for the third financial quarter ending 30…
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14 July
Retailers welcome ‘record’ credit surge in Q1
The retail store and online credit sector welcomed its “faster ever” start to the year, as new business volumes reached…
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14 July
Dr Martens trading remains steady in Q1
Dr Martens has told investors its trading since the start of the year is in line with the guidance set…
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13 July
IKKS Paris opens second London store
French fashion and lifestyle brand IKKS Paris has opened a second UK store on King’s Road, deepening the brand’s entry…
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13 July
Superdrug launches talent competition with TikTok campaign
Superdrug is partnering with TikTok to run the #SuperShow talent competition where entrants are to complete three challenges inspired by…
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13 July
Boohoo to start charging £1.99 returns fee to offset shipping costs
Online fashion retailer Boohoo has become the latest retailer to start charging shoppers for returns as it looks to offset…
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13 July
Lego ‘indefinitely’ halts operations in Russia
Lego will cease its commercial operations in Russia after previously pausing shipments to the country back in March. In a…
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13 July
Justmylook debuts first flagship store
Online beauty retailer Justmylook is due to make its debut in physical retail, with the opening of its first store…
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13 July
Household budgets continue to tighten amid rising inflation
Data from Barclaycard has revealed that spending on essential items increased 4.4%, which has been largely driven by a surge…
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12 July
Matchesfashion appoints new CEO
Online luxury retailer, Matchesfashion, has announced the appointment of Nick Beighton as the company’s new chief executive officer. Beighton will…
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