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- 2019 -8 August
Adidas shares dip despite double-digit growth
Sportswear retailer Adidas saw shares dip by 2.3% in early trading today (8 August), despite the company’s operating profit growing…
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8 August
Intu submits plans for £168m face-lift at Lakeside centre
Shopping centre operator Intu has submitted plans to Thurrock Council for a £168m development of its Lakeside centre. The proposal…
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8 August
Debenhams names new CEO as chairman Duddy steps down
Debenhams has announced the appointment of Stefaan Vansteenkiste as its new CEO and has also revealed its chairman Terry Duddy…
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7 August
Boots to trial in-store interpretation service
Health and beauty retailer Boots is trialing an interpretation service for non-English speaking pharmacy patients, starting in five stores across…
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7 August
Boohoo acquires Karen Millen and Coast putting 1,100 jobs at risk
Online fashion retailer Boohoo has acquired British brands Karen Millen and Coast, which were recently put up for sale by…
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7 August
Victoria’s Secret CMO Ed Razek to step down
Ed Razek, Victoria’s Secret owner L Brands’ chief marketing officer, has resigned from his position within the company. According to…
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7 August
Sports Direct is not a business ‘in crisis’, claims exec
Sports Direct’s head of elevation, Michael Murray, has moved to quash rumours that Sports Direct was in “crisis” in an…
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6 August
Boohoo confirms offer for Karen Millen and Coast
Online retailer Boohoo has confirmed it has made an offer to acquire the online business of British brands Karen Millen…
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6 August
Hammerson appoints new Premium Outlets MD
Shopping centre owner Hammerson has appointed Simon Travis to the role of group investment director managing director of Premium Outlets.…
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6 August
July consumer spending hits record low
UK consumer spending in the month of July fell to a record low despite the good weather, according to the…
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