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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Aug- 2024 -28 August
Naked Wines appoints new CFO as losses widen
Naked Wines has appointed Dominic Neary as its new CFO after it posted a loss before tax of £16.3m for…
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28 August
MAC appoints new senior vice president of global marketing
MAC Cosmetics has announced the appointment of Emily Bromfield as senior vice president, global marketing. In this role, Bromfield will…
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28 August
Frasers to grow presence in Australia with latest investment
Frasers Group has announced the purchase of a 14.65% strategic investment in Accent Group Limited, a retail and distribution business…
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28 August
Ted Baker owner names operator for UK online business
The owner of Ted Baker has signed a deal with an American partner to manage the clothing brand’s e-commerce operations…
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27 August
Today’s news in brief-27/8/24
UK shop prices have fallen for the first time since October 2021, with the BRC-NielsenIQ index reporting deflation of 0.3%…
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27 August
Barbour opens new concept store in Covent Garden
British luxury lifestyle brand Barbour has opened at 37 Neal Street in Covent Garden’s Seven Dials neighbourhood. The historic retailer’s…
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27 August
Modella Capital acquires Hobbycraft from Bridgepoint
Privately-owned specialist retail investment boutique Modella Capital has announced its acquisition of Hobbycraft, the largest arts and crafts retailer in…
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27 August
M&S to trial new clothing-only format as fashion sales rebound
Marks and Spencer is reportedly looking to open clothing-only stores after a rise in demand for its lingerie and cashmere…
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27 August
Over 3,500 Next workers win equal pay claim
More than 3,500 current and former Next employees have won a six-year legal fight for equal pay, with the total…
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27 August
UK shop prices fall for first time in three years, BRC finds
UK shop prices fell for the first time in three years since October 2021, the British Retail Consortium revealed. The…
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