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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Aug- 2024 -6 August
Zalando sales rise 3.4% in Q2 amid sports division boost
Zalando has welcomed a strong second quarter of trading that was boosted by a rising demand in sportswear, as revenues…
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6 August
Asos proposes new executive pay plan
Asos has proposed changes to its remuneration policy with the introduction of a new Value Creation Plan (VCP). The retailer…
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5 August
Today’s news in brief-5/8/24
Authentic Brands Group has announced strategic partnerships to bolster Ted Baker’s presence in the US and Canada. United Legwear &…
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5 August
Morrisons turns freezers up to -15°C for net zero
Morrisons has become the first UK retailer to turn its freezers up in 10 stores to -15°C in order to…
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5 August
TikTok Shop ups UK seller fees
TikTok has revealed that it is raising seller fees on its UK TikTok Shop platform from 5% up to 9%…
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5 August
Authentic names new Ted Baker licensing partners
Authentic Brands Group has announced that it has established three foundational licensing partners for Ted Baker, securing the future of…
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5 August
Alo Yoga unveils second store on Regent Street
US luxury activewear brand Alo Yoga has announced the opening of its new flagship store on London’s Regent Street. The…
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5 August
Seasalt profits and sales soar amid portfolio expansion
Seasalt has seen its full-year profits and sales rise “markedly” as more bricks-and-mortar stores were added to its high street…
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5 August
Ferragamo net profits plummet 73% in H1
Ferragamo’s net profits plummeted 73% to €6m (£5.1m) for the first half of the year ended 30 June 2024. In…
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2 August
Northhome to open new store in Victoria Quarter’s County Arcade
Independent home décor store Northhome will be upsizing and relocating to Victoria Quarter’s County Arcade. Building on the success of…
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