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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Mar- 2019 -4 March
Ted Baker founder resigns amid misconduct allegations
Ted Baker founder Ray Kelvin has resigned from his position as CEO and director of the fashion retailer with immediate…
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4 March
Former Debenhams and John Lewis director to launch own brand
Jo Hooper, a former womenswear director at John Lewis and Debenhams is set to launch her own clothing brand. Named…
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1 March
LK Bennett could collapse ‘in next few days’
Some 480 jobs may be at risk as high end fashion retailer LK Bennett has appointed audit firm EY as…
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1 March
Gap to close 230 stores
Fashion retailer Gap will close 230 of its stores over the next two years as part of a plan to…
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1 March
Farfetch and JD.com expand partnership with Toplife merger
Farfetch, the technology platform for the luxury fashion industry, has announced the expansion of their strategic partnership with JD.com in…
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1 March
Lego looks to break China despite cutting 8% of workforce
Lego has announced it is looking to expand into China despite the fact it is set to cut 8% of…
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1 March
Business rates appeals drop under ‘complicated’ system
Businesses are struggling with the new โcheck challenge appealโ (CCA) business rates appeals system, according to rating experts at Colliers…
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Feb- 2019 -28 February
Victoriaโs Secret to close stores following Christmas โdeclineโ
Victoriaโs Secret has announced it is to close stores following a โdecline in performanceโ over the second half of 2018.…
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28 February
Shop workers face highest risk of redundancy, report finds
Retail workers are more likely to be made redundant and face a longer duration of unemployment compared with employees in…
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28 February
Boots reveals plans to cut 350 head office jobs
Health and beauty retailer Boots has announced it is looking to cut 350 jobs from its Nottinghamshire headquarters as part…
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