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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Aug- 2024 -28 August
Today’s news in brief-28/8/24
Authentic Brands Group has partnered with United Legwear and Apparel Co (ULAC) to manage Ted Baker’s e-commerce operations in the…
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28 August
Moss opens in Caledonia Park
Menswear brand Moss has opened a new shop at Scotland’s designer outlet village Caledonia Park. The brand, which recently dropped…
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28 August
N Brown completes website roll out for its three strategic brands
N Brown Group has announced the successful launch of its new trading website for JD Williams – the group’s leading…
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28 August
Temu owner PDD sees shares plummet 29% despite strong Q2 results
Temu owner PDD holdings saw its shares plummet 29%, wiping out $55bn (£41.6bn) off the company’s market value, after its…
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28 August
Naked Wines appoints new CFO as losses widen
Naked Wines has appointed Dominic Neary as its new CFO after it posted a loss before tax of £16.3m for…
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28 August
MAC appoints new senior vice president of global marketing
MAC Cosmetics has announced the appointment of Emily Bromfield as senior vice president, global marketing. In this role, Bromfield will…
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28 August
Frasers to grow presence in Australia with latest investment
Frasers Group has announced the purchase of a 14.65% strategic investment in Accent Group Limited, a retail and distribution business…
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28 August
Ted Baker owner names operator for UK online business
The owner of Ted Baker has signed a deal with an American partner to manage the clothing brand’s e-commerce operations…
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27 August
Today’s news in brief-27/8/24
UK shop prices have fallen for the first time since October 2021, with the BRC-NielsenIQ index reporting deflation of 0.3%…
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27 August
Barbour opens new concept store in Covent Garden
British luxury lifestyle brand Barbour has opened at 37 Neal Street in Covent Garden’s Seven Dials neighbourhood. The historic retailer’s…
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