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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Jun- 2024 -24 June
Today’s news in brief-24/6/24
Shein’s plans for a £50bn flotation in London are under threat due to mounting concerns from Chinese officials over negative…
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24 June
Miniso to open new store at Trafford Centre
Miniso has announced that it is set to open its biggest store in the North of England at the Trafford…
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24 June
Frasers acquires Coggles amid multi-year THG partnership
Frasers Group has announced it has agreed a multi-year partnership with THG which includes Frasers acquiring THG’s luxury brands business…
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24 June
Iceland launches ‘supermarket manifesto’
Iceland Foods has launched its first-ever supermarket manifesto ‘Frozen Out’’, designed to give customers a voice as the country heads…
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24 June
Under Armour agrees to $434m settlement amid shareholder lawsuit
Sportswear brand Under Armour has agreed to a $434m (£342.7m) settlement in a 2017 shareholder lawsuit. The case alleges that…
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24 June
Getir shareholders to split business in two amid UK market exit
Getir’s shareholders have reportedly backed a restructuring that means the Abu Dhabi state fund Mubadala will inject an investment of…
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24 June
John Lewis unveils new circular design collection
John Lewis has today (24 June) launched a new eco-friendly circular collection across its Home and Fashion range. The 20-piece…
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24 June
Shein’s £50bn London float in danger
Shein could reportedly ditch plans for its £50bn float in London amid growing concerns in China over how the retailer…
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21 June
Today’s news in brief-21/6/24
UK retail sales saw a notable increase of 2.9% in May 2024, reversing a 1.8% decline in April. According to…
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21 June
Peak Performance to open first UK store in Covent Garden
Scandinavian outdoor brand Peak Performance has selected Covent Garden to be the home of its first-ever UK store. Known for…
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