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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May- 2021 -21 May
Watches of Switzerland anticipates profits of £104m
Watches of Switzerland has expected its FY21 pre-tax profits to range between £104m and £107m following a “very robust performance”…
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21 May
L Brands reveals CFOs for standalone businesses
L Brands has revealed the two new CFOs for its standalone Bath and Body Works and Victoria’s Secret businesses. Wendy…
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21 May
Retail sales climb 9.2% in April
Retail sales across the UK increased 9.2% in April 2021 when compared to the previous month, as the easing of…
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21 May
Cox & Cox sales soar despite supply chain disruption
Online homeware retailer Cox and Cox has announced that its first quarter “proved a very strong period”, with net revenue…
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21 May
Ikea and Primark most searched for brands since reopening, study finds
Ikea and Primark have been the most searched for brands following restrictions being lifted in April, according to new data…
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21 May
Card Factory completes £225m refinancing
Card Factory has announced it has completed a £225m refinancing with its current banking syndicate. The news follows the retailer’s…
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21 May
Consumer confidence jumps six points in May
Consumer confidence in the UK has increased by six points to -9 in May 2021, according to GfK’s Consumer Confidence…
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20 May
Moto Hospitality appoints retail director
Moto Hospitality has announced the appointment of Nikki Rogers as its first retail director, reporting directly to Nick Tatum, the…
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20 May
Sainsbury’s CS&R director Judith Batchelar to step down
Sainsbury’s has announced that Judith Batchelar OBE is to step down from her role as director of corporate responsibility and…
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20 May
Gymshark names Danielle Petesic as chief product officer
Gymshark, the fitness apparel brand, has appointed Danielle Petesic as its new chief product officer (CPO), taking over the role…
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