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 -7 March
Zara owner Inditex to close all 502 stores in Russia
Inditex, the owner of fashion brands Zara, Pull and Bear and Berksha has announced it is to temporarily close all…
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7 March
TK Maxx cuts ties with Russia
TK Maxx has announced it has taken “meaningful” business actions to cut ties with Russia. The announcement comes in addition…
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7 March
Bira announces launch of Neartoo online trading platform
The British Independent Retailers Association (Bira) has announced the official public launch of its new online trading site Neartoo. The…
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7 March
Asda donates £1m to Ukraine and axes Russian products from shelf
Asda and its charity, the Asda Foundation, has announced it is providing immediate support for displaced Ukrainian families in Europe…
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7 March
John Lewis halts sales of Russian products
John Lewis has become the latest retailer to make steps towards cutting ties with Russia, having removed Russian-made products from…
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4 March
M&S suspends shipments to Russian businesses
Marks and Spencer (M&S) has revealed it has suspended shipments to its Turkish franchisee’s Russian business. The announcement comes amid…
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4 March
Authentic Brands completes Reebok acquisition
Authentic Brands Group (ABG) has announced that it has completed the acquisition of Reebok from Adidas in a £1.75bn deal.…
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4 March
Adidas names Alasdhair Willis as new chief creative officer
Adidas has appointed Alasdhair Willis to chief creative officer. Willis will begin his contract at the beginning of April, reporting…
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4 March
IKEA pauses operations in Russia and Belarus
Ikea has announced its company groups, Inter Ikea Group and Ingka Group, have decided to temporarily pause Ikea operations in…
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4 March
Boohoo latest retailer to suspend sales in Russia
Boohoo has announced it is one of several major retailers to suspend all sales in Russia in the wake of…
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