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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Aug- 2024 -6 August
Retail sales jump 0.5% in July as clothing performance improves
UK Total retail sales increased by 0.5% year on year in July, against a growth of 1.5% in July 2023,…
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6 August
Bangladesh protests to delay clothing manufacturing
Political unrest in Bangladesh is expected to delay clothing manufacturing for fashion retailers such as H&M and Zara in the…
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6 August
Zalando sales rise 3.4% in Q2 amid sports division boost
Zalando has welcomed a strong second quarter of trading that was boosted by a rising demand in sportswear, as revenues…
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6 August
Asos proposes new executive pay plan
Asos has proposed changes to its remuneration policy with the introduction of a new Value Creation Plan (VCP). The retailer…
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5 August
Today’s news in brief-5/8/24
Authentic Brands Group has announced strategic partnerships to bolster Ted Baker’s presence in the US and Canada. United Legwear &…
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5 August
Morrisons turns freezers up to -15°C for net zero
Morrisons has become the first UK retailer to turn its freezers up in 10 stores to -15°C in order to…
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5 August
TikTok Shop ups UK seller fees
TikTok has revealed that it is raising seller fees on its UK TikTok Shop platform from 5% up to 9%…
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5 August
Authentic names new Ted Baker licensing partners
Authentic Brands Group has announced that it has established three foundational licensing partners for Ted Baker, securing the future of…
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5 August
Alo Yoga unveils second store on Regent Street
US luxury activewear brand Alo Yoga has announced the opening of its new flagship store on London’s Regent Street. The…
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5 August
Seasalt profits and sales soar amid portfolio expansion
Seasalt has seen its full-year profits and sales rise “markedly” as more bricks-and-mortar stores were added to its high street…
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