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- 2021 -15 April
The Carlyle Group acquires majority stake in Beautycounter
The Carlyle Group has announced that it has acquired a majority stake in Beautycounter in a transaction that values the…
Read More » -
15 April
AO World FY21 revenues hit £1.66bn as UK sales surge
Online retailer AO World has revealed its FY21 group revenues increased 62% to £1.66bn, thanks in part to a strong…
Read More » -
15 April
The Hut Group revenues soar 42% in ‘milestone’ year
The Hut Group has announced that group revenues soared by 42% to £1.6bn in its full-year results, as the wider…
Read More » -
15 April
MPs take evidence on violence against retail workers
The Home Affairs Committee opened its inquiry into violence against retail workers yesterday (14 April), with MPs taking evidence from…
Read More » -
15 April
British Land eyes open-air retail parks
Property group British Land has unveiled plans to invest in more out-of-town retail parks as it capitalises on a click…
Read More » -
15 April
Asda in talks with bakery staff as store ditches ‘scratch’ baking
Asda is in redundancy talks with a number of staff after deciding to close nine of its bakeries as part…
Read More » -
14 April
Aldi trials ‘package-free’ products at Cumbria store
Aldi has launched a trial selling its first packaging-free products to help customers shop more sustainably at its Ulverston, Cumbria…
Read More » -
14 April
Sosandar predicts 35% FY21 revenue growth to £12.2m
Sosandar, the online women’s fashion brand, expects to report a 35% year-on-year revenue rise to £12.2m for the financial year…
Read More » -
14 April
LVMH Q1 revenues soar 32% to £12.1bn
Moët Hennessy Louis Vuitton (LVMH) has revealed its total revenues for the first quarter of FY 2021 rose 32% year-on-year…
Read More » -
14 April
First day of reopening sees UK footfall rise 155%
The first day of reopening saw footfall in UK retail destinations rose yesterday by +155.2% from the same day last…
Read More »
