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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Jun- 2024 -25 June
L’Occitane sales reach €2.5bn in FY24
L’Occitane International has seen its net sales increase by 19.1% to €2.5bn (£2.1bn) during the year ended 31 March. The…
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25 June
John Lewis Partnership appoints interim finance director
The John Lewis Partnership has announced the appointment of Andy Mounsey as its interim executive director for finance. Mounsey, who…
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25 June
Gear4music appoints Sharon Daly as NED
UK-based online retailer of musical instruments and music equipment Gear4music has announced the appointment of Sharon Daly as non-executive director,…
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25 June
Shein files confidential London IPO paperwork amid possible listing
Shein confidentially filed paperwork to launch its £50bn IPO in London earlier this month, sources have told Reuters and CNBC,…
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24 June
Today’s news in brief-24/6/24
Shein’s plans for a £50bn flotation in London are under threat due to mounting concerns from Chinese officials over negative…
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24 June
Miniso to open new store at Trafford Centre
Miniso has announced that it is set to open its biggest store in the North of England at the Trafford…
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24 June
Frasers acquires Coggles amid multi-year THG partnership
Frasers Group has announced it has agreed a multi-year partnership with THG which includes Frasers acquiring THG’s luxury brands business…
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24 June
Iceland launches ‘supermarket manifesto’
Iceland Foods has launched its first-ever supermarket manifesto ‘Frozen Out’’, designed to give customers a voice as the country heads…
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24 June
Under Armour agrees to $434m settlement amid shareholder lawsuit
Sportswear brand Under Armour has agreed to a $434m (£342.7m) settlement in a 2017 shareholder lawsuit. The case alleges that…
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24 June
Getir shareholders to split business in two amid UK market exit
Getir’s shareholders have reportedly backed a restructuring that means the Abu Dhabi state fund Mubadala will inject an investment of…
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