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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Jul- 2019 -18 July
Shop Direct appoints Boots exec as group trading director
Shop Direct has appointed Guy Farmer as group trading director, and will join the business in September and report to…
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18 July
Asos issues profit warning amid ‘operational issues’
Online retailer Asos has issued its third profit warning this year, on the release of its trading statement for the…
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18 July
Hotel Chocolat revenues jump 14%
Chocolate retailer Hotel Chocolat Group has reported a 14% increase in revenue to £132m for the year ending 30 June…
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17 July
Nine retailers to open on Broadgate development
Nine retailers are set to open stores on the Broadgate development just outside Liverpool Street Station. Chocolatier, Charbonnel et Walker…
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17 July
Watches of Switzerland sees profits surge 181% in FY results
Watches of Switzerland has reported a 181% rise in profits before tax to £20.1m, in its first set of results…
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17 July
Zara owner Inditex launches new sustainability strategy
Inditex, the parent company of fashion brands Zara, Pull&Bear, Stradivarius and Massimo Dutti has unveiled its new sustainability line that…
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17 July
Claire’s announces new CEO
Jewellery and accessories chain Claire’s has appointed Ryan Vero as its new CEO, which will see interim CEO Kevin Corning…
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16 July
Around 16% of UK shops lie empty according to FOI
Corporate restructuring advisor Duff and Phelps has revealed that close to 16% of all UK retail and shop outlets remain…
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16 July
Sainsbury’s Waltham Point warehouse staff set for second strike
Sainsbury’s warehouse staff at Waltham Point are set to go on strike for the second time later this month following…
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16 July
Burberry revenues surge in Q1 results
Fashion retailer Burberry has reported a 4% increase in retail revenue to £498m for the 13 weeks ending 29 June,…
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