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.
-
Oct- 2018 -17 October
ASOS reports 26% sales increase
Online fashion retailer ASOS has posted a 26% increase in its sales to £2.4bn compared with £1.9bn the previous year.…
Read More » -
17 October
‘Mixed weather’ leads to John Lewis and Partnership sales slip
John Lewis and Waitrose have both reported a sales decrease for its 11th week of trading, dragged down by a…
Read More » -
17 October
ASA warns Laura Ashley over ‘misleading advertising’
The Advertising Standards Authority (ASA) has warned Laura Ashley that its “misleading” advertising emails which offered specific savings “must not…
Read More » -
16 October
American Golf bought by Endless saving 900 jobs
American Golf has been purchased by private equity investor Endless after it entered administration last Friday (12 October), saving 900…
Read More » -
16 October
Claire’s rubbishes ‘false’ CVA rumours
Jewellery and accessories chain Claire’s has denied claims that it is considering the closure of some of its UK stores.…
Read More » -
16 October
Shop Direct proposes to close standalone clearance operation, 143 jobs at risk
Shop Direct has announced proposals to close its standalone clearance operation, Littlewoods Clearance, which comprises seven UK stores branded ‘The…
Read More » -
16 October
Footasylum slips to half-year loss
Footwear retailer Footasylum has reported a £4m loss in its half-year financial results for the 26 weeks year ending 25…
Read More » -
15 October
Shoe Zone defies retail blues to report strong summer performance
Shoe Zone has announced a “strong performance” for the current financial year, seeing its revenue rise by almost 2% for…
Read More » -
15 October
Superdry issues profit warning amid ‘unseasonably hot weather’ affecting sales
Superdry has issued a profit warning after it said “unseasonably hot weather” had impacted its autumn and winter sales. The…
Read More » -
15 October
Moonpig launches new Manchester tech hub
UK online cards, gifts and flowers retailer, Moonpig, is opening its first ever ‘Tech Hub’ in Manchester, creating 50 new…
Read More »
