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.
-
Mar- 2025 -21 March
Westfield London to launch new health and wellness zone
Unibail-Rodamco-Westfield (URW) has announced the launch of a health and wellness zone at The Village at Westfield London, featuring a…
Read More » -
21 March
Asos ups profit outlook amid strong margin gains
Asos has raised its profit outlook for the first half of the year despite its ongoing struggles with volume deleverage.…
Read More » -
21 March
Nike revenues drop 9% to $11.3bn in Q3
Nike has reported a 9% revenues drop to $11.3bn (£9.1bn) during the third quarter ended 28 February. Brand revenues were…
Read More » -
21 March
In The Style rescued from administration with Alps Sourcing deal
Online fashion retailer In The Style has been sold out of administration to Alps Sourcing Limited, saving 87 jobs in…
Read More » -
20 March
Today’s news in brief-20/3/25
The UK retail sector has faced significant challenges over the past five years, with a quarter of a million jobs…
Read More » -
20 March
BoE holds interest rates at 4.5%
The Bank of England (BoE) has voted to hold interest rates at 4.5%, having cut the rate last month to…
Read More » -
20 March
Wickes profits fall amid decreased consumer demand
Wickes has revealed that its adjusted profit-before-tax fell to £43.6m, down from £52m, for the full year ended 28 December…
Read More » -
20 March
UK consumer confidence improves in March as Gen Z set to spend
UK consumer confidence improved slightly to -35 in March, up from -37 in February, the BRC has revealed. According to…
Read More » -
20 March
Quarter of a million retail jobs lost in five years, ONS finds
There are now 249,000 fewer retail jobs than there were five years ago, according to the latest data from the…
Read More » -
20 March
Panerai appoints new chief executive officer
Luxury watch brand Panerai has announced the appointment of Emmanuel Perrin, currently head of specialist watchmakers distribution, as its new…
Read More »
