High Street
The latest news, updates and analysis on the the British High Street and UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Jun- 2019 -17 June
Jigsaw appoints new board members
Retail brand Jigsaw, has appointed four new members to its board, after £20m investment saved the company last year. Despina…
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13 June
Majestic Wine records loss as focus switches to online
Wine retailer Majestic Wine, has recorded an £8.5m loss for the financial year up 2 April, in spite of a…
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12 June
Arcadia creditors approve CVA proposals
Retail group Arcadia, has announced that all seven of its company voluntary arrangements (CVAs) have today been approved by the…
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12 June
Select CVA secures 87% creditor approval
Proposals for the Company Voluntary Arrangement (CVA) for high street fashion retailer Select has been approved by 87% of its…
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12 June
Zara owner records a 10% profit rise
Spanish fashion retailer Inditex, has announced a 10% rise in net profit for Q1, up to €734m (£634m). Net sales…
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11 June
Ted Baker shares plunge amid fresh profit warning
Fashion retailer Ted Baker has issued its second profit warning this year, and anticipates underlying profit before tax for the…
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10 June
Games Workshop announces bonuses of £5m as profits hit at least £80m
Games Workshop has announced its staff are to receive bonuses totaling £5m, as it expects full-year profit before tax to…
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10 June
Footfall ‘plummets’ in May
Footfall declined by 3.5% in May, compared with the same point last year when it declined by 0.4%, according to…
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10 June
Waterstones’ owner acquires Barnes and Noble in £538m deal
Elliott Management, owner of book retailer Waterstones, has announced the acquisition of US book retailer Barnes and Noble for $683m…
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7 June
Arcadia amends CVA agreement to appease landlords
Retail company Arcadia has amended the rental reductions for the seven company voluntary agreement (CVA), which are needed for the…
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