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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May- 2019 -29 May
Reiss owner mulls sale of majority stake
The US private equity firm Warburg Pincus is reportedly mulling over the sale of its majority state in upmarket fashion…
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29 May
WHSmith ranked worst retailer in Which? Survey
WHSmith has finished bottom of Which?’s annual UK high street shops survey rankings of more than 100 shops, while specialist…
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29 May
MacKenzie Bezos to donate half of her $37bn fortune to charity
MacKenzie Bezos has announced she will donate half of her nearly $37bn (£29bn) fortune to charitable causes. It comes after…
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28 May
Monsoon founder to inject £34m into business to avoid collapse
The founder of women’s clothing and accessories chain Monsoon has pledged to provide up to £34m in funding for the…
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28 May
Co-op launches £300m sustainability bond for Fairtrade commitments
Co-op has announced it has launched a new £300m sustainability bond in order to keep up with its Fairtrade commitments.…
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28 May
Nearly three quarters of retail staff feel underpaid, study finds
Nearly three quarters (71.4%) of retail professionals believe they are underpaid, according to new research from the CV-Library. The study…
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28 May
Retail sales volumes jump 1.8% despite Brexit uncertainty
In the three months to April 2019, the quantity of goods bought in retail sales increased by 1.8%, when compared…
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24 May
Zara owner Inditex to promote Carlos Crespo to CEO
Fashion retailer Zara’s parent company Inditex has said it will promote its current COO, Carlos Crespo, to the role of…
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24 May
Mothercare swings to £87.3m loss in 2018
Mothercare has reported losses before tax of £87.3m for the year ending 30 March 2019. UK like-for-like sales declined by…
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23 May
Urban Outfitters launches online rental platform
Clothing retailer, Urban Outfitters has announced it is to trial an online rental platform for its products. The trial, which…
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