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 -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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16 July
Arcadia receives challenges on CVAs from US property group
Philip Green’s Arcadia has received a challenge from two legal entities of US property group Vornado, in relation to the…
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15 July
Retail footfall ‘slumps’ in June
Footfall declined by 2.9% in June, attributed to the “exceptional and ongoing disruptive political and economic period”, according to retail…
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15 July
Sports Direct delays FY results amid House of Fraser ‘complexities’
Shares in Mike Ashley’s Sports Direct have fallen by 11% in early trading this morning after it delayed its full-year…
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15 July
Sports Direct increases stake in Game to 84%
Mike Ashley’s Sports Direct has moved a step closer to purchasing video game retailer Game, after it increased its stake…
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12 July
Hobbycraft revenues exceed £100m in full year results
Arts and crafts retailer Hobbycraft has reported a 5.4% increase in total revenue to £177.7m for the year ending 17…
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12 July
Government to go ahead with UK digital services tax
The UK government has announced plans to go ahead with a digital services tax aimed at large tech companies such…
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12 July
Marks and Spencer’s fashion boss departs
Marks and Spencer has announced the departure of Jill McDonald as managing director of clothing and home after two years…
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12 July
Vans to move into former Miss Selfridge flagship site
Footwear brand Vans have signed a leased to takeover the site previously occupied by Miss Selfridge. Located in Oxford Street,…
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11 July
DFS shares fall over ‘Brexit uncertainty’ despite sales growth
Furniture retailer DFS saw shares drop by nearly 4% in early trading today (11 June), despite a 17% increase in…
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