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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Oct- 2019 -4 October
Gant promotes Eleonore Säll to its global management team
Gant has promoted Eleonore Säll to the role of executive VP global brand and will also join the company’s top…
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4 October
John Lewis plans to cut service charge payments to landlords
John Lewis is seeking service charge discounts from some of its landlords to help reduce costs during the upcoming golden…
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3 October
Burberry appoints new chief supply chain officer
Fashion retailer Burberry has announced that Jerome Le Bleis has been appointed chief supply chain officer, effective 1 January 2020.…
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3 October
H&M Q3 profits spike 25%
H&M has reported a 25% spike in net profits during Q3, which it attributed to “continued development of more full-price…
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3 October
Ted Baker profits nosedive 194% in half-year results
Shares at men’s fashion retailer Ted Baker plunged by as much as 35% in early trading today (3 October) after…
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2 October
Shop prices fall by 0.6%, fastest rate since May 2018
Shop prices in September have fallen at the fastest since May 2018, according to the latest figures from the BRC-Nielsen…
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2 October
Tesco CEO Dave Lewis to step down next year
Tesco has announced its group CEO Dave Lewis is to step down from his role next year after five years…
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1 October
John Lewis announces wave of senior job cuts
The John Lewis Partnership has announced a wave of senior job cuts as part of a new plan that will…
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1 October
Sainsbury’s Argos CEO to exit
The CEO of Sainsbury’s Argos, John Rogers, has announced he is leaving the business to become the CFO of advertising…
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1 October
FRC to investigate Thomas Cook auditor following collapse
The Financial Reporting Council (FRC) has announced it will be investigating Thomas Cook’s auditor EY, following its collapse last week…
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