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- 2025 -13 March
Fossil group appoints new CFO
Fossil Group has announced the appointment of Randy Greben as the new chief financial officer effective from 17 March. Greben…
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13 March
Pets at Home puts 2,500 jobs under consultation to ‘simplify business’
Pets at Home has confirmed that it has put 2,500 jobs under consultation as it looks to streamline its store…
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13 March
Hobbycraft owner eyes potential restructuring
Hobbycraft owner, Modella Capital, has reportedly enlisted advisers from FRP to explore a restructuring at the crafts chain, Sky News…
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13 March
DFS Furniture profits surge to £17.0m in H1 FY25
DFS Furniture Group has seen its underlying profit performance, uPBT(A) almost doubled to £17m in H1 FY25 (H1 FY24: £8.7m),…
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13 March
John Lewis staff miss out on bonus despite tripled profits
The John Lewis Partnership has confirmed its staff will not receive a bonus for the third year in a row,…
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12 March
Today’s news in brief-12/3/25
Inditex, the parent company of Zara, reported a strong financial performance for FY24, with sales rising by 10.5% to €38.6bn…
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12 March
Sophie Ellis-Bextor partnership helps boost Freemans Q4 sales
Online department store Freemans has revealed its partnership with pop star Sophie Ellis-Bextor helped boost its sales 13% during the…
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12 March
Zara owner Inditex sees sales and profits surge in FY24
Inditex, the owner of Zara, has hailed its “robust” full-year performance after sales rose by 10.5% to €38.6bn (£32.5bn) in…
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12 March
ProCook appoints new retail director
ProCook has announced the appointment of Joe Pennington as its new retail director. In the past Pennington has held key…
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12 March
Stella McCartney profits and revenues plummet in FY23
Stella McCartney has seen a decline in profits and revenues, as its losses widened from £10m to £24.68m in FY23,…
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