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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Mar- 2022 -9 March
Mothercare joins retailers in suspending Russian business
Mothercare has announced that all business in Russia, including the shipment of all its products has been suspended in the…
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9 March
Jane.COM names new CEO
Jane.Com, the curated online retail marketplace, has announced the appointment of Joana McKenna as the company’s new CEO. McKenna brings…
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9 March
Adidas expects €250m sales hit amid Russia conflict
Adidas has reported its expects the war in Ukraine to risk up to €250m (£208.37m) sales in the company’s Russia/CIS…
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8 March
Frasers Group unveils new Flannels store in Preston
Frasers Group plc has announced it has opened the doors to its latest Flannels store in Preston, following its investment…
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8 March
Uniqlo owner defends decision to keep operating in Russia
The CEO of Fast Retailing, the parent company of fashion brand Uniqlo, has defended the company’s decision to continue operating…
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8 March
Retail sales show continued growth in February
Retail sales increased by 6.7% in February, against an increase of 1.0% in February 2021, a new report from BRC…
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8 March
Made.com names new CEO as losses widen
Made.com has confirmed Nicola Thompson, Interim CEO, will take on the role of permanent CEO as it also revealed its…
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8 March
Consumer spending surges 13.7% in February
Consumer card spending grew year-on-year by 13.7% in February, the highest growth since November 2021, as the economy reopened following…
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8 March
Ted Baker welcomes new CFO
Ted Baker has announced the appointment of Marc Dench as its new chief financial officer (CFO) with effect from today…
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7 March
Retailers record 12th month of consecutive sales growth
The retail sector has recorded its 12th consecutive month of positive trading with total like-for-like sales, combined in-store and online,…
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