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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Nov- 2024 -21 November
Today’s news in brief-21/11/24
Boohoo has appointed Tim Morris as its new independent Chair, effective immediately, marking another milestone in the company’s ongoing restructuring.…
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21 November
Superdry warns of sales decline following stock exchange departure
Superdry has warned that its sales for the current financial year will continue to fall, following its departure from the…
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21 November
Frasers calls on Boohoo to oust founder Kamani as row continues
Frasers has openly called for Boohoo shareholders to oust Mahmud Kamani from the company and instead appoint Mike Ashley to…
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21 November
Boohoo appoints new independent chair
Boohoo has announced the appointment of Tim Morris as the company’s independent chair with immediate effect. In his role as…
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21 November
Morrisons set to close Rathbones bakery, 400 jobs at risk
Morrisons is preparing to close down its Rathbones bakery in a move that could put almost 400 jobs at risk,…
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21 November
JD Sports to hit low end of guidance amid ‘volatile’ October
JD Sports has said it expects its full-year profits to hit the lower end of its £955m to £1.035bn guidance,…
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20 November
Today’s news in brief-20/11/24
Ted Baker has re-entered the online retail scene with a UK-exclusive ecommerce platform following its financial collapse earlier this year.…
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20 November
Deliveroo partners with Hurr to deliver rental designer dresses
Deliveroo has announced a new partnership with resale fashion marketplace Hurr to bring rental designer dresses to customers. The new…
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20 November
Ted Baker relaunches UK website
Ted Baker has relaunched its ecommerce website under its new operator in the UK following its collapse earlier this year.…
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20 November
Energy bills push inflation to 2.3% in October
The rising cost of energy has pushed inflation up to 2.3% in October, above consensus forecasts of 2.2%, according to…
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