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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Jan- 2021 -26 January
Frasers Group shutters Edinburgh’s Jenners store
Frasers Group has announced it will permanently close Edinburgh’s iconic Jenners store after the company failed to reach an agreement…
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25 January
Five retailers who excelled during the Christmas season
Asos Asos has gone from strength to strength in the past few years with this year being no different.…
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25 January
Waterstones boss warns of closures unless gov extends rates relief
James Daunt, the boss of book retailer Waterstones, has warned that he could be forced to close stores unless the…
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25 January
Asos joins the Topshop race
Asos has emerged as a contender to acquire Topshop, just days after highstreet retailer Next was forced to pull out…
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25 January
Boohoo acquires Debenhams intellectual property for £55m
Boohoo has announced it has acquired all of the intellectual property assets of Debenhams in a £55m deal. The online…
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25 January
Retail sector set for 200,000 job losses
The UK’s retail sector has been forecasted to see 200,000 job losses in 2021, as Covid-19 continues to cause deep…
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25 January
Feelunique sales soar in golden quarter
Online beauty retailer Feelunique has welcomed a period of “strong” trading during its golden quarter, with sales soaring by 39%…
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25 January
Coty appoints new chief procurement officer
Coty has announced the appointment of Stéphane Delbos as its new chief procurement officer. Delbos, who joined the beauty company…
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22 January
EG Group appoints Lord Stuart Rose as chair
The Issa Brothers’ EG Group has announced the appointment of Lord Stuart Rose as non-executive chairman with immediate effect. Lord…
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22 January
Selfridges endures ‘most difficult year’ thanks to 2019 performance
Selfridges has endured the “most difficult year” in its 113-year history, but was able to weather the storm. The chain…
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