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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Apr- 2022 -20 April
Missguided CEO steps down as advisory firm brought in
Missguided’s founder, Nitin Passi, is set to step down from his role as chief executive officer (CEO) after the womenswear…
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20 April
Naked Wines to meet expectations as sales rise
Naked Wines has revealed its full-year results are set to meet its expectations after strong customer retention saw its sales…
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20 April
Footfall rises in lead up to Easter, but drops during weekend
Footfall during the period from Monday (11 April) to Thursday (14 April) leading up to Easter rose from the week…
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20 April
M&S’ Oxford Street demolition blocked by Government
Marks and Spencer’s (M&S) plans for the demolition of its Marble Arch flagship on Oxford Street has been paused by…
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20 April
Retailers indicate ‘overwhelming support’ for online sales tax
Retailers have given “overwhelming support” to the introduction of a form of online sales tax to take the pressure off…
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20 April
Landsec launches new lease offering for retail brands
Landsec has launched a new lease offering for retail brands today (20 February), amid the “rapidly evolving needs” of traditional…
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19 April
Sosandar appoints independent non-executive director
Sosandar, the online women’s fashion brand, has announced the appointment of Jon Wragg as an independent non-executive director with immediate…
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19 April
Next partners with finance firms to acquire Jojo Maman Bebe
Next has partnered with a group of finance firms headed by Davidson Kemper to acquire babywear retailer Jojo Maman Bebe…
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19 April
Government to force landlords to let out shops vacant for over 6 months
Landlords will be forced to let out empty shops that have been vacant for more than six months under new…
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19 April
Brunello Cucinelli sees revenues rise 16.7% in Q1
Brunello Cucinelli has announced its net revenues have risen 16.7% at constant exchange rates to €196.9m (£163.1m) in Q1 2022…
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