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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Dec- 2024 -13 December
Consumer confidence improves marginally in December
Consumer confidence edged up in December as it increased by one point leaving “some room for optimism” despite the public…
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13 December
In The Style losses narrow amid job cuts
In The Style has revealed that it posted a loss-before-tax of £2.7m for the year ended 31 March 2024, compared…
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12 December
Today’s news in brief-12/12/24
Central Group’s executive chair Tos Chirathivat admitted to overpaying in hindsight for Selfridges and other European luxury department stores as…
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12 December
Gloucester Quays completes 11 renewals in 2024
Gloucester Quays has announced 11 renewals as part of 20 leasing deals this year, forming over 44,000 sq ft of…
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12 December
Shein IPO could be delayed over supply chain checks
Shein’s London IPO could be set to be delayed after the FCA is taking longer than usual to give its…
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12 December
Debenhams has ‘greater value’ than current group valuation, says Boohoo CEO
Boohoo group CEO Dan Finley has said that Debenhams single-handedly brings “greater value” than the market cap of the rest…
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12 December
Selfridges co-owner admits £4bn price was ‘too high’
Tos Chirathivat, the executive chair and CEO of Thai family conglomerate Central Group, said in a conversation with The Financial…
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12 December
Currys HY losses narrow as it warns of price rises
Currys has posted a loss before tax of £10m for the half year ended 26 October 2024, up from £44m…
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11 December
Zara owner Inditex misses expectations despite 7% surge in revenues
Inditex, the owner of fashion brands Zara, Stradivarius and Berksha, has seen its shares slide 6% in trading after its…
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11 December
Zalando to acquire About You in €1.2bn deal
Zalando has announced its intention to submit a voluntary public offer to acquire up to 100% of German retailer About…
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