News
News is Retail Sector’s central hub for breaking stories, market developments and company updates from across the UK retail industry. This category delivers authoritative, timely coverage on everything from trading performance and executive changes to store openings, brand activity and supply chain developments.
Retail Sector’s news coverage focuses on the business realities behind the headlines — providing retail professionals with context on how each development impacts operations, strategy and market confidence. Readers can expect clear, accurate reporting designed to keep decision-makers informed and competitive in a fast-moving retail landscape.
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Feb- 2025 -17 February
Aston Villa Football Club to open new store at Bullring
Aston Villa Football Club has selected Bullring to launch a new store set to open in May 2025. Located on Bullring’s lower level east, the 10,000 sq ft store will be spread across two floors and showcase a mix of Aston Villa and Adidas merchandise. The space will feature Adidas’…
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17 February
Crocs FY revenues jump 3.5% to $4.1bn
Global footwear brand Crocs has reported record revenues of $4.1bn (£3.2bn), an increase of 3.5%, during the year ended 31 December 2024. The performance was aided by a strong fourth quarter which saw consolidated revenues of $990m (£786m), an increase of 3.1%, or 3.8% on a constant currency basis. Direct-to-consumer…
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17 February
Capri Holdings appoints new chief brand and product officer
Global fashion luxury group Capri Holdings has announced the promotion of Philippa Newman to chief brand and product officer, effective immediately. In this expanded role, Newman will oversee all product and marketing functions. She will continue reporting directly to John D. Idol, chairman and CEO of Capri Holdings and Michael…
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17 February
West End loses out on £640m in sales due to tourist tax, NWEC says
West End retailers have reportedly lost around £640m in sales last year due to the lack of tax-free shopping for international tourists, according to New West End Company research. The losses rose by 60% last year from £400m in unrealised sales in 2023, and impacted some 600 businesses in the…
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17 February
John Lewis partners with Rough Trade to introduce vinyl records
John Lewis has partnered with music retailer Rough Trade to introduce a selection of vinyl records in stores and online. The new vinyl assortment is a curated selection of old and modern classics including albums from artists including Nirvana, Radiohead and Marvin Gaye. The selection also includes more modern artists…
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17 February
M&S bolsters global team with new senior appointments
Marks and Spencer has bolstered its international business with three senior appointments to its global leadership team.Manish Kapoor joins from Pepe Jeans as the new managing director for M&S India, while Victoria Jones joins as the International commercial director, having moved from Clarks. Finally, Richard Davies has been promoted to…
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17 February
Superdry extends Australian licensing partnership with Brand Collective
Superdry has announced a 12-year extension of its licensing partnership in Australia with fashion and lifestyle retailer Brand Collective, in a multi-million-dollar deal. According to the partnership, Brand Collective has exclusive rights to the Superdry brand in Australia. The partnership comes at a time when both companies are aiming to…
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14 February
Today’s news in brief-14/2/25
The fast fashion retailer In The Style is reportedly preparing to appoint administrators as its financial struggles deepen. Acquired by Baaj Capital for just over £1m in 2022, the company saw revenues plummet from £46m to £30.4m in the year ending March 2024, with UK sales dropping to £29m. Despite…
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14 February
Monsoon opens two boutiques at Gatwick airport
London fashion retailer Monsoon has announced the opening of its first two new travel boutiques in London Gatwick’s North and South Terminals. Adorned with the brand’s signature fabric chandelier centrepieces, the boutiques offer a space in which passengers can shop an extended range of ladies beachwear, including some Gatwick-exclusive lines,…
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14 February
Moncler revenues rise 7% to €3.1bn
The Moncler Group, owner of the Moncler and Stone Island brands, has seen its revenues improve 7% to €3.1bn (£2.58bn) in the year to 31 December 2024, as its CEO said the brand showed “resilience” in a “complex and volatile” market. On a brand basis, Moncler revenues increased 8% to…
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