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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Sep- 2024 -23 September
Today’s news in brief-23/9/24
Frasers Group is facing audit issues with two brands, I Saw It First and Choice, revealing significant payroll data discrepancies.…
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23 September
Seasalt Cornwall appoints new CFO
Seasalt Cornwall has announced the appointment of Louise Couch to the role of chief financial officer, reporting directly to CEO…
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23 September
Berghaus opens store at Gloucester Quays
Outdoor brand Berghaus has opened its second standalone UK store at Gloucester Quays. The new Berghaus store has opened opposite…
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23 September
SGS Group refinances four UK shopping centres
SGS Group has officially refinanced four major shopping centres – Lakeside in Essex, Atria in Watford, Victoria Centre in Nottingham…
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23 September
Oliver Bonas profits fall to £6.8m amid high inflation
Oliver Bonas profits dropped to £6.8m for the year ended 31 December 2023 as the company struggled with growing interest…
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23 September
Two Frasers Group brands face audit issues amid missing payroll data
Frasers Group has encountered issues with the audits of two of its brands, I Saw It First and Choice, according…
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23 September
Hugo Boss profits drop to £12.3m in FY23
Hugo Boss has reported a 50% decline in profits to £12.3m and a 39% decrease in operating profit to £19.7m…
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23 September
American Golf LFL sales up 1.8% despite poor weather
American Golf has revealed its LFL sales were up 1.8% during the six months from February-August 2024 despite wet weather…
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20 September
Today’s news in brief-20/9/24
In August, UK retail sales saw a 1% increase, marking a continued recovery with a 2.5% year-on-year growth, the strongest…
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20 September
THG Fulfil partners with CDS Superstores
THG Fulfil, the industry-leading global fulfilment solution from THG Ingenuity, has partnered with CDS Superstores to deliver fulfilment and courier…
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