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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Dec- 2023 -6 December
Today’s news in brief-6/12/23
Farfetch is reportedly contemplating the sale of fashion retailer Browns as part of efforts to secure the company’s future amid…
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6 December
Poundland completes 87 new store opening in 70 days
Next Saturday (9 December) Poundland will complete the opening of 87 new stores in just 70 days as new stores…
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6 December
Part of Lakeside to be demolished for £200m redevelopment
Part of Lakeside shopping centre in Essex will be demolished to make space for a £200m warehouse and distribution centre,…
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6 December
Farfetch considers Browns sale amid funding crisis
Farfetch is reportedly considering selling fashion retailer Browns as it faces a race against time to secure the future of…
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6 December
Matches seeks cash to fund turnaround plan
Matches Fashion has reportedly hired an advisory firm as it seeks a cash injection to help fund its turnaround strategy,…
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6 December
Moonpig sales and profit rise in H1
Moonpig has welcomed a rise in sales and profits in the first half of the year, as the group continued…
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6 December
Sergio Rossi appoints new CEO
Luxury Italian footwear and accessories brand Sergio Rossi has announced the appointment of Helen Wright as its new CEO, effective…
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5 December
Today’s news in brief-5/12/23
Independent luxury retailer Jules B is reportedly contemplating a Company Voluntary Arrangement (CVA) following a ransomware attack that occurred in…
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5 December
Lounge opens pop-up at Liverpool One
Underwear brand Lounge has launched its Christmas pop-up store on Liverpool One’s South John Street that will run until December…
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5 December
Jules B eyes CVA following ransomware attack
Independent luxury retailer Jules B is reportedly considering a company voluntary arrangement (CVA), following a £79,200 ransomware attack in September,…
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