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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Jan- 2025 -3 January
Revolution Beauty settles legal claim with former shareholder
Revolution Beauty has entered into a confidential settlement with its former major shareholder Chrysalis Investments over legal claims levied against the cosmetics group. The group has agreed to pay Chrysalis a “non-material sum”, which is less than 1% of the former shareholder’s stock market value. The amount, however, was not…
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3 January
Hugo Boss appoints new senior vice president global marketing
Hugo Boss has announced the appointment of James Foster as senior vice president global marketing. He has officially joined the company as of January 2025, and takes over from Nadia Kokni. Kokni, who joined Hugo Boss in January 2023, left the company in December to pursue new business opportunities. Foster…
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3 January
End. swings to pre tax loss of £43.2m
High-end fashion and streetwear label End. has reported a pre-tax loss of £43.2m, down from a profit of £8.8m for the year ended 31 March 2024. The group’s revenues also plummeted 3.8% from £221m to £212.7m. It stated that the retail landscape remained challenging as macroeconomic pressures persisted both in…
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3 January
Laura Ashley acquired by Marquee Brands
Marquee Brands, a global brand accelerator that owns 17 brands, has acquired Laura Ashley from Gordon Brothers for an undisclosed price.The addition of the brand will increase the retail value of Marquee Brands’ global portfolio, which includes Ben Sherman, to over $4bn (£3.2bn). Following the acquisition, Laura Ashley’s UK-based team…
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2 January
Today’s news in brief-2/1/25
Lidl reported its best-ever Christmas performance, with turnover surpassing £1bn for the first time, a 7% increase over the four weeks to December 24, 2024. The retailer attracted over 2m additional customers, with December 23 marking its busiest day. Key contributors included the expansion of its British supply base by…
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2 January
Ocado Retail partners with Holland and Barrett
Ocado Retail is expanding its health and wellness offering by launching a new partnership with Holland and Barrett, the UK’s leading wellness retailer. This is the first time that a mainstream high street retailer, apart from M&S, will be available on Ocado’s website. From today, Ocado will be adding hundreds…
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2 January
Footfall sees marginal YOY rise in December
Footfall in UK retail destinations was marginally higher by +0.4% in all UK retail destinations during the month of December, according to the latest data from MRI Software. This was driven by a +1.2% rise in retail park activity and a +0.3% increase in high streets, however shopping centres saw…
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2 January
Barbour profits surge 12.3% to £39.6m
British outerwear brand Barbour’s operating profits surged 12.3% to £39.6m for the year to 30 April 2024 despite a 6.2% drop in turnover to £321.8m. According to Barbour, its profits were driven by a focus on cost reductions and foreign exchange gains. However, its turnover was affected by a challenging…
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2 January
Retail lost close to 13,500 stores in 2024, study finds
Nearly 13,500 shops shut for good in 2024, according to data from the Centre for Retail Research. This is a 28.4% increase on the 10,494 which closed in the calendar year of 2023. More than half of all stores closed, 7,537 in total, were closed through retailers undergoing some form…
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2 January
Co-op to open 75 new stores in 2025
Co-op has announced its plans to continue growing its estate with a planned 75 new stores to open throughout 2025 across the UK. The new stores will be a combination of Co-op estate and franchise stores. Up to 25 stores are due to be operated by the retailer as part…
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