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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Apr- 2025 -24 April
Today’s news in brief-24/4/25
Chancellor Rachel Reeves is reviewing the Low Value Import scheme, which allows goods under £135 to enter the UK tariff-free,…
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24 April
Trumps trade war rocks consumer confidence, BRC finds
Consumer expectations in the UK dropped significantly to -48 in April, down from -35 in March, according to the latest…
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24 April
Asos H1 losses narrow amid turnaround despite sales dip
Asos losses narrowed to £69.5m in the first half of the year, down from a loss of £120m the prior…
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24 April
Mori unveils first-ever acquisition with Kidly deal
Baby clothing brand Mori has made its first-ever acquisition with the purchase of UK-based children’s retail brand Kidly, for an…
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24 April
Chancellor mulls ending tariff-free import scheme to combat Chinese dumping
Chancellor Rachel Reeves is considering ending the Low Value Import scheme, which currently allows online retailers to bring goods worth…
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24 April
Charles Tyrwhitt FY turnover rises 13.6% to £305.8m
Charles Tyrwhitt has reported that its turnover increased by 13.6% to £305.8m in the year to 3 August 2024, of…
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24 April
Temu strengthens commitment to quality assurance with Eurofins Consumer Products Testing partnership
Temu, the international e-commerce platform, is strengthening its product safety and compliance measures through a partnership with Eurofins Consumer Product…
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23 April
Today’s news in brief-23/4/25
THG has rejected an unsolicited takeover bid for its Myprotein brand from Selkirk, describing the offer as “undervalued” and lacking…
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23 April
Outdoor & Cycle Concepts rebrands to Cotswold Outdoor Group
Outdoor and Cycle Concepts, the British company behind high-street brands Cotswold Outdoor, Runners Need and Snow + Rock, has been…
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23 April
Vinted partners with Alexa Chung to sell her designer wardrobe
Vinted has partnered with Alexa Chung to sell personal luxury fashion pieces from her wardrobe. All sales proceeds from Alexa’s…
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