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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May- 2022 -18 May
Watches of Switzerland hails record revenues of £1.23bn
The Watches of Switzerland Group has reported its group revenues surged 40% year-on-year from £905m to £1.23bn in the 53…
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18 May
N Brown profits surge 46% to £43m
N Brown, the owner of high street brands Jacamo and Simply Be has revealed its profit before tax increased 46.6%…
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18 May
Midcounties Co-operative announces £1m investment in retail crime prevention
Your Co-op Food, part of The Midcounties Co-operative, has announced a £1m investment as part of its ongoing commitment to…
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18 May
M&S chairman slams post-brexit rules for Northern Ireland
The chairman of Marks and Spencer, Archie Norman, has backed government plans to override parts of the Northern Ireland protocol,…
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18 May
Inflation hits 40-year high
UK inflation has hit its highest level in 40 years during the month of April, driven by the rising cost…
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18 May
Burberry lowers FY23 forecast despite record revenues
Burberry has lowered its FY23 forecast as it expects a currency tailwind of £159m on revenues and £92m on adjusted…
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17 May
JD Williams launches sustainable clothing range
JD Williams, a strategic brand within N Brown Group plc, has announced the launch of its sustainable, own-brand clothing range,…
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17 May
Victorian Plumbing H1 profits fall to £2.7m
Victorian Plumbing Group has revealed its operating profit for the first half of the year has fallen 80% YOY to…
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17 May
M&S to open new Lakeside store in 2023
Marks and Spencer has announced that it will open a new store at Lakeside centre, situated in Essex, due to…
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17 May
Shaftesbury acquires £27.5m Soho leasehold
Shaftesbury has announced that it has acquired a 200 year ungeared leasehold interest in Soho for £27.5m, allowing the creation…
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