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.
-
Apr- 2022 -21 April
THG rebuffs ‘unacceptable’ takeover proposals as revenues hit £2.2bn
The Hut Group (THG) has recorded “record” revenue growth of 38.1% year-on-year from £1.6bn to £2.2bn in the full year…
Read More » -
21 April
Pepco Group H1 revenues surge 17.5%
Poundland owner Pepco Group has reported first half revenues of €2.3bn (£1.9bn), up 17.5% from the previous year, and has…
Read More » -
21 April
Card Factory agrees on revised £150m refinancing
Card Factory has confirmed it has completed a £150m refinancing of the group, as it continues to take action to…
Read More » -
20 April
Missguided CEO steps down as advisory firm brought in
Missguided’s founder, Nitin Passi, is set to step down from his role as chief executive officer (CEO) after the womenswear…
Read More » -
20 April
Naked Wines to meet expectations as sales rise
Naked Wines has revealed its full-year results are set to meet its expectations after strong customer retention saw its sales…
Read More » -
20 April
Footfall rises in lead up to Easter, but drops during weekend
Footfall during the period from Monday (11 April) to Thursday (14 April) leading up to Easter rose from the week…
Read More » -
20 April
M&S’ Oxford Street demolition blocked by Government
Marks and Spencer’s (M&S) plans for the demolition of its Marble Arch flagship on Oxford Street has been paused by…
Read More » -
20 April
Retailers indicate ‘overwhelming support’ for online sales tax
Retailers have given “overwhelming support” to the introduction of a form of online sales tax to take the pressure off…
Read More » -
20 April
Landsec launches new lease offering for retail brands
Landsec has launched a new lease offering for retail brands today (20 February), amid the “rapidly evolving needs” of traditional…
Read More » -
19 April
Sosandar appoints independent non-executive director
Sosandar, the online women’s fashion brand, has announced the appointment of Jon Wragg as an independent non-executive director with immediate…
Read More »
