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.
-
Jan- 2022 -31 January
Net-a-Porter president joins Lululemon board of directors
Lululemon athletica inc. has announced that Alison Loehnis, president of luxury and fashion at Yoox Net-a-Porter, has been appointed to…
Read More » -
31 January
Farfetch enters beauty market with Violet Grey acquisition
Fartech Limited, the global platform for the luxury fashion industry, has announced it will acquire luxury beauty retailer, Violet Grey,…
Read More » -
28 January
Adidas set to hire 2,800 new employees in 2022
Adidas has announced plans to hire 2,800 new employees this year at 307 of its locations in 47 countries. The…
Read More » -
28 January
Store vacancy rate improves for first time since 2018
New research has found the number of vacant stores has decreased for the first time since 2018, according to the…
Read More » -
28 January
Apple hails ‘record’ Q1 revenues of £92.69bn
Apple has reported a revenue record of $123.9bn (£92.69bn) for the first quarter ending December 25 2021 (Q1), rising 11%…
Read More » -
28 January
H&M aims to double sales by 2030 as FY21 profit soars
H&M Group has announced that profit after financial items increased almost sevenfold in its latest full-year results, rising to SEK14.3bn…
Read More » -
28 January
83% of shoppers concerned about environmental impact of online shopping
Some 83% of consumers across all demographics are “concerned” about the environmental impact of online shopping, according to a survey…
Read More » -
28 January
Wayfair names Fiona Tan as new CTO
Wayfair has announced the appointment of Fiona Tan as chief technology officer (CTO). Tan will succeed Jim Miller on 1…
Read More » -
27 January
The Midcounties Co-Operative appoints new head of property
The Midcounties Co-operative has appointed Kathryn Lyddon as head of property as it embarks on a “significant” investment programme for…
Read More » -
27 January
Ocado unveils new suite of ‘game changing innovations’
The Ocado Group has announced a new suite of “game-changing” innovations for its proprietary Ocado Smart Platform (OSP) to help…
Read More »
