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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Sep- 2024 -3 September
Watches of Switzerland on track to deliver FY25 guidance
Watches of Switzerland has stated that trading for the first 18 weeks of the financial year has been in line…
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3 September
August sales jump 1% YOY despite weak back to school performance
UK Total retail sales increased by 1.0% year on year in August, against a growth of 4.1% in August 2023,…
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3 September
Harrods sales hit £900m but profits slide £35m
Sales at Harrods have surged to almost £900m in its latest full-year results, as revenues rose by 8% to £898.4m…
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3 September
Mango appoints new ecommerce boss while expanding to 12 new markets
Mango has announced the appointment of Marlies Hersbach as its new e-commerce executive director as the fashion group has extended…
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2 September
Today’s news in brief-2/9/24
John Lewis Partnership (JLP) has refuted recent claims of additional job cuts and management restructuring. Earlier, reports suggested management team…
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2 September
Asda Rewards to donate millions to UK primary schools
Asda has announced that it is making millions of pounds available to UK primary schools by encouraging families to use…
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2 September
Under Armour appoints Franck Denglos as VP of Commercial for EMEA
Under Armour has announced the appointment of Franck Denglos as vice president of Commercial for Europe, the Middle East, and…
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2 September
John Lewis denies reports of further job cuts
John Lewis has denied that it is considering more job cuts and restructuring its management team, following reports over the…
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2 September
End of tax-free shopping hitting retail hard, warns Kurt Geiger CEO
Kurt Geiger’s CEO has warned that scrapping tax-free shopping for tourists is having a “massively negative effect” on retail in…
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2 September
Oasis reunion boosts HMV sales
Music and entertainment retailer HMV said it has seen a “huge boost” in sales following the reunion of rock band…
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