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 -8 October
Ikea could face large EU back-tax bill
Swedish furniture giant Ikea is facing the possibility of having to pay millions of euros in back taxes, as the…
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7 October
Ex-BHS owner Dominic Chappell denies tax fraud
The former owner of BHS Dominic Chappell has denied he avoided paying £500,000 in tax. Chapell pleaded not guilty to…
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7 October
Update: Sports Direct clarifies House Of Fraser store rumours
Sports Direct has moved to deny reports that it is looking to close the majority of its House of Fraser…
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7 October
Clarks wins unfair dismissal case against former CEO
Clarks has won its legal battle against its former CEO Mike Shearwood who claimed unfair dismissal, after an employment tribunal…
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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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