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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May- 2022 -31 May
Missguided collapses into administration, 140 jobs at risk
Online fashion retailer, Missguided, has fallen into administration after failing to secure a rescue bid for the company. According to…
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30 May
Asos and Curry’s among retailers to warn Sunak against OST
A group of 11 retailers, including Asos, Currys, and Gymshark, have reportedly urged the government to abandon plans for an…
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30 May
Issa brothers on verge of dropping out of Boots bid
Asda owners, the Issa brothers, are reportedly on the verge of walking away from their bid for a Boots takeover…
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30 May
Reebok owner in talks to seal £300m Ted Baker takeover
Reebok’s owner, the Authentic Brands Group (ABG), is reportedly racing to finalise a £300m takeover of Ted Baker, according to…
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30 May
Sainsbury’s to invest £500m to help with cost of living crisis
Sainsbury’s price investment is set to top £500m in a bid to help customers amid the ongoing cost of living…
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27 May
Mango debuts new digital wellness line
Mango, the European fashion group, is opening a new wellness line by integrating a selection of the Rituals catalogue and…
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27 May
West End set for £80m injection over Jubilee weekend
The New West End Company, which represents 600 retail, restaurant, hotel and property owners across Bond Street, Oxford Street, Regent…
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27 May
In The Style raises £500k for Bowelbabe Fund
In The Style has raised half a million pounds in aid of The Bowelbabe Fund for Cancer Research UK. The…
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27 May
Asda sales drop 9.2% to £4.64bn
Asda has reported its like for like sales (excluding fuel) fell by 9.2% to £4.64bn in the period from 1…
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27 May
Ted Baker losses narrow as sales boosted by return of social events
Ted Baker has seen its losses narrow to £44.1m for the 52 weeks ended 29 January 2022, up from a…
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