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 -13 April
Ted Baker confirms Sycamore to take part in sales process
Ted Baker has confirmed that US private equity service firm Sycamore Partners is to take part in its formal sales…
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13 April
M&S partners with Hirestreet for new rental collection
M&S has launched a new clothing rental collection with Hirestreet in a move that marks the biggest ever retailer collaboration…
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13 April
Aldi trials all-electric trailer to lower delivery fleet emissions
Aldi has announced it is trialling an all-electric refrigerated trailer to form part of its efforts to reduce lower carbon…
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13 April
UK inflation hits 7% amid rising fuel costs
The annual rate of inflation has hit a new 30-year record with a rise of 7% in the 12 months…
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12 April
Watches of Switzerland unveils leadership shakeup
The Watches of Switzerland Group PLC has announced the appointment of Chabi Nouri to the board as an independent non-executive…
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12 April
Fragrance Direct relaunches website one year after Maximo acquisition
Online beauty retailer Fragrance Direct has revamped its website and unveiled a brand refresh – one year after it was…
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12 April
Asos swings to loss and predicts further £14m hit from Russia exit
Asos has revealed its pre-tax profits fell 115% year-on-year from £106.4m to a pre-tax loss of £15.8m in the six…
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12 April
Retail sales slow as consumer confidence wanes
Total sales increased by 3.1% in March, dropping below the three-month average growth of 6.9% and the 12-month average growth…
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12 April
Westminster City Council creates pop-up boutique for 12 independent businesses
Westminster City Council has created a pop-up boutique for 12 emerging independent businesses, giving them the opportunity to be part…
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12 April
M&S commits to lower prices amid cost of living crisis
M&S has committed to lowering the prices of everyday products in a bid to ease the pressure of the unfolding…
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