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.
-
Nov- 2020 -4 November
Frasers Group increases stake in Mulberry to 29.7%
Frasers Group has more than doubled its stake in Mulberry, the luxury fashion company, from 12.5% to 29.7%. Mike Ashley’s…
Read More » -
4 November
M&S swings to first loss in 94 years
Marks and Spencer has swung to a pre-tax loss of £87.6m in the half-year ended 26 September, down from the…
Read More » -
3 November
ABF profit slumps as Primark hit by £2bn loss
Associated British Foods, the parent company of Primark, has announced that statutory operating profit tumbled 40% to £810m in the…
Read More » -
3 November
Laura Ashley returns to high street with Next partnership
Laura Ashley is set to return to the UK high street next year with a new partnership with Next, which…
Read More » -
3 November
Half-term sees footfall rise 6.2%
Footfall rose by 6.2% during half-term in the UK, according to the latest data from retail experts Springboard. This is…
Read More » -
2 November
Christmas footfall predicted to drop by 62%
Christmas footfall over the six weeks from Sunday 22 November to Saturday 26 December across all UK retail destinations will…
Read More » -
2 November
Primark warns of £375m lockdown hit
The parent company of Primark has warned that the retailer will face a £375m hit to sales, in an update…
Read More » -
2 November
John Lewis Partnership launches charity Christmas campaign
John Lewis and Waitrose have announced the launch of a “major campaign” next month which will provide a “lifeline” for…
Read More » -
2 November
Superdry names interim CFO
Superdry has announced that it has appointed Benedict Simon as its chief financial officer on an interim basis. This new…
Read More » -
Oct- 2020 -30 October
LVMH agrees to reduced Tiffany deal
LVMH has agreed to go through with its acquisition of Tiffany & Co following a lengthy legal battle, albeit for…
Read More »
