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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Mar- 2024 -28 March
JD Sports maintains guidance amid ‘challenging market’
JD Sports has reaffirmed its profit guidance of between £915m-£935m for the full year despite what it has called a…
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28 March
AO to meet profit guidance
Electricals retailer AO has announced that it expects to hit its previously pledged profit guidance with adjusted profit before tax…
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28 March
Quiz CEO steps down as sales dip
Quiz has revealed that founder and CEO Tarak Ramzan is stepping down from his role with immediate effect as UK…
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28 March
The Perfume Shop appoints two new directors amid Gender Pay Gap report
The Perfume Shop has strengthened its leadership team with the appointment of two female directors, Karen Harris and Laura Wilkinson. …
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27 March
Today’s news in brief-27/3/24
Fashion giants ASOS, Boohoo, and George at Asda have pledged to overhaul their green marketing tactics following a Competition and…
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27 March
Elemis to open first London store in Covent Garden
Beauty retailer Elemis has chosen Covent Garden’s Seven Dials for its first standalone store in London. Set to Monmouth Street,…
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27 March
Aldi to open 35 new stores this year
Aldi is planning to open 35 new stores across the UK this year, including new stores that are set to…
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27 March
Travis Perkins’ CEO Nick Roberts to step down
The board of Travis Perkins has revealed that Nick Roberts is set to step down from his role as chief…
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27 March
H&M H1 profits beat expectations despite sales dip
H&M has revealed that its operating profit increased to SEK2.077bn (£155m), up from SEK725m (£54m) despite net sales decreasing to…
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27 March
Revolution Beauty ups profit guidance amid revival plan
Revolution Beauty has announced that it expects its full-year adjusted EBITDA to hit £12.5m higher than its previous guidance of…
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