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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Nov- 2024 -6 November
Today’s news in brief-6/11/24
Marks & Spencer (M&S) reported a strong half-year performance, with profits rising 17.2% to £407.8m for the period ending 28…
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6 November
Salomon debuts in UK with two London stores
Mountain sports lifestyle brand Salomon is debuting in the UK with the launch of two new London stores. The first…
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6 November
Hugo Boss sales remain flat in Q3
Hugo Boss reported flat sales to €1.02bn (£833m) in Q3 2024 despite ongoing macroeconomic and geopolitical uncertainties. In light of…
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6 November
Zalando Q3 revenues rise 5% to £2bn
Zalando has reported that revenues rose 5% to €2.4bn (£2bn), with adjusted EBIT climbing from €23m (£19.1m) to €93m (£77.5m)…
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6 November
M&S profits rise by 17% in half-year results
M&S has welcomed “further progress” in its half-year results as profit-before-tax rose by 17.2% to £407.8m for the half-year ended…
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6 November
Aldi to open 11 new UK stores ahead of Christmas
Aldi is set to open 11 new stores across the UK between now and Christmas. New stores in Sedgley in…
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5 November
Today’s news in brief-5/11/24
Primark’s profits surged by 51% to £1.1bn in FY24, as its parent company, Associated British Foods, credited a significant rise…
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5 November
Sosandar signs licensing agreement with Next for homeware range
Women’s fashion brand Sosandar has announced it has signed a licensing agreement with Next for a Sosandar homeware range. Following…
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5 November
Primark profits rise by 51% to £1.1bn in FY24
Primark has seen its operating profits soar by 51% to £1.1bn in the year ended 14 September 2024, as the…
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5 November
Retail sales see weak growth in October amid pre-budget uncertainty
Total retail sales in the UK nudged up by only 0.6% in October, compared with a growth of 2.6% in…
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