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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Jan- 2024 -16 January
Hugo Boss sees revenues rise to €1.17bn in Q4
Hugo Boss has reported a 13% increase in currency-adjusted revenues in the fourth quarter to €1.17bn (£1.01bn). It also achieved…
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15 January
Today’s news in brief-15/1/24
Shein, the fast-fashion brand, is reportedly facing delays in its plan to go public on the US stock exchange due…
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15 January
Harvey Norman to open flagship at Merry Hill
Lifestyle, technology, and entertainment retailer Harvey Norman has recently signed a lease for a flagship store at Merry Hill. The…
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15 January
WCF Ltd acquires Bella di Notte
Mail-order clothing firm WCF Ltd has acquired a North Yorkshire-based lingerie and clothing firm Bella di Notte as part of…
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15 January
Morrisons owner appoints ex-Tesco CEO Dave Lewis as operating advisor
Morrisons owner Clayton, Dubilier and Rice (CD&R) has today (15 January) announced the appointment of Sir Dave Lewis as an…
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15 January
Asda trials four-day week in bid to stamp out manager revolt
Asda is trialling a four-day week in a bid to “stamp out revolt” amongst the supermarket’s store managers following a…
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15 January
Chinese regulator delays Shein US IPO
Fast fashion brand Shein’s plan to take the firm public on the US stock exchange may be delayed after it…
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15 January
Mango creates brand management division
Mango has announced the creation of a new brand management division in order to strengthen its executive leadership in all…
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15 January
Gap appoints chief business and strategy officer and chief people officer
Gap has appointed Eric Chan as chief business and strategy officer and Amy Thompson as chief people officer. Both leaders…
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15 January
Battersea Power Station sales rise 52% over Christmas period
Battersea Power Station saw overall sales increase by 52%, with fashion sales increasing by 33% in December 2023, compared with…
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