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.
-
Dec- 2019 -17 December
Ted Baker appoints ex-Sports Direct CFO as non-executive director
Ted Baker has appointed Jon Kempster as an independent non-executive director effective immediately. Kempster has previously held board positions at…
Read More » -
17 December
Footfall slows after Black Friday boost
Footfall across UK retail destinations dropped by 0.9% post Black Friday, according to the latest retail figures from Springboard. In…
Read More » -
16 December
Sports Direct profits soar in half-year results
Shares in Sports Direct jumped more than 16% to 418p in early trading today, after the retailer announced a 160%…
Read More » -
16 December
Studio profits slump amid PPI claims
Online retailer Studio has recorded a ‘flat’ revenue of £228.1m in its half-year results ended 27 September. Whilst adjusted profit…
Read More » -
16 December
The Hut Group completes €1bn capital raising
The Hut Group has announced a €1bn (£830m) raise in capital in order to deliver a “step- change” to its…
Read More » -
13 December
The election is over – time for the Tories to deliver for small businesses
It now looks as though political stasis and all the damage that does to business will be lifted in 2020.…
Read More » -
13 December
Record numbers hit local high streets for Small Business Saturday
A record number of attendees showed their support for the UK’s seventh annual Small Business Saturday last weekend (7 December…
Read More » -
13 December
Sainsbury’s mulls offers for £1.9bn mortgage book
Big Four grocer Sainsbury’s is reportedly fielding bids for a takeover of its £1.9bn mortgage book, as part of an…
Read More » -
13 December
New Look appoints Nigel Oddy as new CEO
High street retailer New Look has appointed Nigel Oddy as its new chief executive officer. Oddy joined the retailer in…
Read More » -
13 December
Kate Spade CEO resigns
Tapestry Inc. has announced the departure of Anna Bakst, CEO and brand president of Kate Spade. Bakst will leave her…
Read More »
