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 -3 May
Ikea appoints new country retail manager for UK and Ireland
Furniture retailer Ikea has appointed Peter Jelkeby as its new country retail manager with responsibility for the UK and Ireland.…
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3 May
Poundland to sell Pep&Co brand in 500 stores
Discount retailer, Poundland has announced it is to sell its Pep&Co clothing range in 500 more stores, after announcing its…
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3 May
Sports Direct facing probe from financial regulators
Sports Direct is facing scrutiny from two financial regulators over its accounts and information relating to a possible bid for…
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2 May
Anya Hindmarch to return as MD of handbag firm
Anya Hindmarch has announced she is to return as managing director of the handbag company which bears her name. The…
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2 May
N Brown swings to £57.5m loss in 2018
Online retailer N Brown Group has reported losses before tax of £57.5m for the year ending 2 March 2019, up…
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2 May
Zalando starts 2019 with ‘strong and profitable growth’
Zalando has said it “successfully expanded its customer reach” as it saw revenues and profits jump for the first quarter…
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2 May
Increase in redeveloped units set to ‘reimagine’ retail
The number of units that were structurally changed or redeveloped (demolished, merged, split or converted for another use such as…
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1 May
Company insolvencies reach five-year high
New figures from the Insolvency Service show the first quarter of 2019 had the second highest underlying level of insolvencies…
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1 May
Next sees profits rise following ‘unusually warm’ weather
Next has announced a better than expected profit rise following “unusually warm weather” during the first quarter of 2019. The…
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1 May
The Hut Group acquires natural haircare brand Christophe Robin
The Hut Group (THG), has acquired the luxury natural haircare brand Christophe Robin. Established in Paris in 1999 by its…
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