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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Apr- 2021 -9 April
Boohoo continues expansion with new warehouse deal
Boohoo has announced that following an exchange of contracts, it has agreed a long-term lease for a new warehouse in…
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9 April
Frasers warns of £200m lockdown hit
Mike Ashley’s Frasers Group has warned that it expects to take a hit in excess of £200m due to the…
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9 April
Asos to raise £500m to aid global expansion
Asos has announced its intention to raise £500m via the placing of senior unsecured guaranteed convertible bonds through its wholly…
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9 April
OnBuy hires new CFO
OnBuy has announced the appointment of James Watts as its new chief financial officer. Watts brings 12 years of experience…
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8 April
Weird Fish expands e-commerce operations
Lifestyle clothing brand Weird Fish has announced a shift in its sales channels to expand its online operations, following an…
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8 April
Debenhams to reopen its stores one last time
Debenhams has announced that it will reopen its stores in England and Wales on 12 April to complete its final…
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8 April
Co-op to repay £15m furlough relief as profits rise to £77m
The Co-op has revealed it will repay £15.5m of the Covid relief it received from the government’s furlough scheme but…
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8 April
Dunelm to ‘outperform’ expectations thanks to click and collect
Dunelm has said it expects to “outperform” analyst expectations this financial year, as the group prepares to reopen its stores…
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8 April
Barbour sees pre-pandemic profits fall 8.4%
Global lifestyle brand J Barbour and Sons saw its profits fall 8.4% year-on-year to £28.5m for the year ended 30…
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8 April
Asos profits rocket 253% amid lockdown
Asos has announced that its pre-tax profits rocketed 253% to £106.4m in the half-year ended 28 February 2021, as customers…
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