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- 2018 -25 June
Goldsmiths jewellers owner appoints banks ahead of IPO listing next year
The parent company of British jewellery retail chain Goldsmiths has appointed two banks to manage its flotation on the stock…
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25 June
MPs to investigate environmental impact of ‘fast fashion’
The Environmental Audit Committee has launched an investigation into the social and environmental impact of disposable ‘fast fashion’ and the…
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25 June
More than 130 jobs cut as Mattressman enters CVA
Mattressman has announced it is to enter a Company Voluntary Agreement (CVA) which will see the closure of 14 of…
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22 June
House of Fraser CVA approved by creditors, 31 stores to close
House of Fraser has announced that its Company Voluntary Arrangement (CVA) proposals have been approved by the company’s creditors in…
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22 June
Chanel reveals profits for the first time
Fashion brand Chanel has released its profit figures for the first time in its 108-year history. Chanel saw an 18%…
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22 June
House of Fraser focuses on ‘brand renewal’ ahead of CVA decision
House of Fraser is to renew its product and trade strategy as part of a transformation journey as its shareholders…
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22 June
M&S to introduce artificial intelligence in new ‘strategic partnership’
Microsoft and Marks and Spencer (M&S) have announced the signing of a ‘strategic partnership’ which will test the integration of…
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22 June
Colliers proposes new property leasing approach to target UK retail troubles
A “radical approach” to property leasing is being proposed to help shopping environments throughout the UK by property consultants Colliers…
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21 June
Moonpig appoints new managing director
The online cards retailer Moonpig has announced its decision to appoint its new managing director. Ecommerce entrepreneur Nickyl Raithatha will…
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21 June
EXCLUSIVE: Poundworld confusion as staff memo casts doubt on ‘closing down’ sale
Store managers at Poundworld are preparing to promote a ‘closing down’ sale, despite a staff memo circulated yesterday which cast…
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