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 -9 August
Arcadia trustees near closing £1bn pensions deal
Arcadia’s pension trustees are reportedly close to securing a £1bn deal that will see them receive the retirement schemes promised…
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9 August
House of Zana wins trademark row with Zara
House of Zana has won a trademark battle with fashion giant Zara which sought to change the local boutique’s name.…
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9 August
Neiman Marcus appoints new president
Neiman Marcus Group has announced the appointment of Ryan Ross as its president, effective Aug 15 2022. Ross will report…
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9 August
Amazon to expand offering with iRobot acquisition
Amazon has revealed its intention to acquire the consumer robot company, iRobot, after the two companies have reportedly entered into…
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8 August
Women’s Euro and summer heatwave reduce online retail sales decline
Online retail sales growth dipped -2.3% year-on-year (YoY) in July 2022 as the Women’s Euro final and the summer heatwave…
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8 August
Mike Ashley pursues legal claim against Morgan Stanley
Mike Ashley has reportedly launched a legal claim against Morgan Stanley, alleging the investment bank acted in “bad faith” over…
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8 August
Amazon workers plan further strikes over 35p pay rise
Amazon workers are preparing for a further wave of strikes in British warehouses in the coming days as disagreement over…
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8 August
Joules confirms talks to sell minority stake to Next
Joules has confirmed in a statement that Next plc has been in negotiations for several weeks for the retail giant…
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8 August
Kontoor Brands revenue up 25% in Q2
Global lifestyle apparel company, Kontoor Brands, has seen revenue increase by 25% to $614m (£507m) in Q2, largely driven by…
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8 August
Burberry appoints new non-executive director
Burberry Group has announced that Alan Stewart has been appointed to the board as a non-executive director and member of…
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