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 -19 May
Asos eyes Feelunique and Cult Beauty takeovers
Asos is reportedly eyeing a potential takeover of two major online beauty platforms in a bid to further expand into…
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19 May
Dunelm sees sales soar by 59% following reopening
Dunelm has reported a 59% increase in sales in the seven weeks ending 9 May, despite only being able to…
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18 May
M&S reshuffles senior exec team amid new COO appointments
M&S has announced a reshuffling amongst its senior management team with both Katie Bickerstaffe and Stuart Machin becoming joint chief…
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18 May
ABG approaches Adidas with £700m Reebok bid
Adidas has reportedly been approached by Authentic Brands Group with a $1bn (£704m) offer to buy global footwear brand Reebok.…
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18 May
Shoe Zone reports £2.6m loss as revenues fall 40%
Shoe retailer Shoe Zone has reported a loss before tax of £2.6m for the six month period ending 3 April.…
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18 May
Employer job optimism at eight-year high
Employers in the UK are the most optimistic about the country’s job market in eight years, according to the latest…
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18 May
Landsec swings to £1.39bn loss amid pandemic
Land Securities has fallen to a pre-tax loss of £1.39bn in the full-year ended 31 March, 2021, in results that…
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18 May
Topps Tiles ‘confident’ despite 2.8% revenue decline
Topps Tiles is remaining “confident” after it saw revenues decline by 2.8% in the six months to 27 March, due…
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18 May
Retail footfall rises 0.5% as shoppers return to high streets
UK retail footfall rose by 0.5% last week, predominantly driven by a 3.9% increase across UK high streets, as shoppers…
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18 May
Westfield owner confirms €1.25bn bond placement
Unibail-Rodamco-Westfield, the owner of Westfield shopping centres, has announced a successful €1.25bn (£1.07bn) bond placement. The two-tranche senior bond offering…
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