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 -17 June
Peak international spending returns to pre-pandemic levels, ONS finds
Spending by international visitors in August, the traditional UK high season, has largely recovered since the Covid-19 pandemic, according to…
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17 June
YNAP closes China operations
Yoox-Net-A-Porter has shut down its operations in China as it looks to focus on more profitable markets according to reports…
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17 June
Superdry shareholders vote in favour of restructuring plan
Superdry has announced that its shareholders have voted in favour of its restructuring plan. The news comes after the group’s…
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14 June
Today’s news in brief-14/6/24
The British Retail Consortium (BRC) has expressed support for the Labour Party’s manifesto, which aims to bring significant changes to…
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14 June
Aldi announces planned refurbs for more than 30 stores
Aldi has announced that over 30 of its stores across the UK will undergo refurbishments this summer, with the supermarket…
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14 June
Tesco maintains guidance and grows market share as Q1 sales rise
Tesco has revealed that its market share has risen to 27.6% in the 13 weeks ended 25 May 2024, as…
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14 June
BRC welcomes Labour manifesto
The BRC has welcomed Labour’s manifesto, saying it includes “many of the right policies” to help retail invest in the…
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14 June
Wolford appoints new chief executive
Wolford has announced that Regis Rimbert has been appointed as the group’s new chief executive, succeeding Silvia Azzali. Rimbert has…
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14 June
Crew Clothing partner with tech platform to streamline operations
Crew Clothing has expanded its partnership with cloud management solutions platform Cegid in order to improve operations across its store…
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13 June
Today’s news in brief-13/6/24
Singapore-based fashion retailer Shein has raised prices by over a third on core items to boost revenue ahead of its…
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