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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Nov- 2019 -25 November
Clarks calls in advisors to review business
Shoe retailer Clarks has called in management consulting firm McKinsey & Co to review its business. A spokesperson told Retail…
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25 November
Louis Vuitton buys Tiffany for $16bn
Louis Vuitton (LVMH) has announced a “definitive” agreement with Tiffany and Co., whereby it will acquire the luxury jewellers for…
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25 November
Intu sells Sprucefield Retail Park in £40m deal to NewRiver
Shopping centre owner Intu has announced the sale of its Sprucefield Retail Park to real estate investment trust NewRiver in…
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25 November
M&S appoints CEO of Tesco’s F&F clothing as new managing director
Marks and Spencer has appointed current CEO of F&F Clothing, Tesco, Richard Price as managing director of clothing and home.…
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22 November
Hays Travel creates 1,500 new jobs following Thomas Cook acquisition
Independent travel agent, Hays Travel, has announced a further 1,500 new jobs and apprenticeships following its acquisition of Thomas Cook…
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22 November
Skopes receives £6m investment to fund 15-store expansion drive
Leeds-based menswear retailer, Skopes, is set to “significantly expand” its national high street presence with 15 new stores, after securing…
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22 November
The Hut Group secures £510m debt facility to boost beauty investment
The Hut Group has secured a £510m of debt issuance with a seven-year maturity to help boost its digital and…
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22 November
Landsec appoints new CEO
Land Securities Group (Landsec) has appointed Mark Allan as new CEO, the retail property group announced today. His role will…
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21 November
Marie Kondo launches controversial online store
Tidying guru Marie Kondo launched a new online store this week, with the move sparking mass confusion online due to…
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21 November
Arcadia appoints former De Vere chief as chair
Arcadia has appointed the former chief executive of the hospitality group De Vere, Andrew Coppel, as its new chair. Coppel…
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