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 -20 May
Co-op partners with Hubbub to expand community fridge scheme
Co-op and environmental charity Hubbub have announced a new partnership to fast-track the expansion of community fridges across the UK, saving a further…
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20 May
N Brown profits halve in FY21
N Brown, the owner of Simply Be and Jacamo, has seen its pre-tax profits almost halve in the full-year ended…
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20 May
Mytheresa Q3 sales jump 47.5% to £142m
MYT Netherlands Parent BV, the parent company of luxury fashion and designer firm Mytheresa, saw its net sales for Q3…
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20 May
Kingfisher raises guidance as Q1 sales soar 60%
Kingfisher has increased its profit forecast for the year after total sales for the first quarter of 2021 came to…
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19 May
Vestiaire Collective appoints VP of global marketing and branding
Vestiaire Collective has announced the appointment of Vanessa Masliah as VP of global marketing and branding. She will report to…
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19 May
Tesco to rebrand entire Metro portfolio
Tesco is set to rebrand its entire Metro portfolio, with 89 Metros becoming Tesco Express stores and 58 turning into…
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19 May
Simba reports ‘record’ start to the year
Simba, the London-based sleep technology business launched in 2016, has reported its highest ever Q1 sales and profits. It revealed…
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19 May
UK inflation rate doubles for April
The UK’s annual inflation rate has more than doubled in April 2021, according to recent figures from the Office for…
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19 May
South Gloucestershire Council completes £10m shopping centre purchase
South Gloucestershire Council has revealed that it has completed the acquisition of the Kings Chase Shopping Centre and car park…
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19 May
BMG completes Duchamp acquisition
Brand Machine Group (BMG), a global licensing firm, has announced the acquisition of luxury UK men’s clothing and accessories company…
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