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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Apr- 2023 -4 April
Varley opens first European store on King’s Road
Athleisure brand Varley is set to open its first ever European store this summer, with a new flagship site on…
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4 April
Body Shop owner sells Aesop to L’Oreal for £2bn
Owner of The Body Shop Natura and Co has announced that it has sold Aesop to L’Oreal in a £2bn…
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4 April
Authentic Brands to acquire Boardriders
Global brand development Authentic Brands Group has made a binding offer to acquire Boardriders, a global action sports and lifestyle…
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4 April
Asda appoints CBRE to help open 300 stores by 2026
Asda has appointed global real estate advisor CBRE to help with its nationwide store expansion programme. Last October, the retailer…
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4 April
Clarks MD steps down
Footwear retailer Clarks has revealed that its managing director of the UK, Ireland, the Middle East and Africa, Joe Ulloa,…
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3 April
Co-op chair Allan Leighton set to step down
Co-op chair Allan Leighton is set to step down from his role due to corporate governance rules. In February 2024…
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3 April
Boohoo appoints new non-executive director to board
Online fashion Retailer Boohoo has announced the appointment of Alistair McGeorge as an independent non-executive director of the board. McGeorge…
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3 April
M&S denies reports of head office job cuts
Marks and Spencer has dismissed a recent report by The Sunday Times stating that the retailer is looking to dismiss…
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3 April
Esprit posts HK$664m FY22 loss
Esprit has reported a loss of HK$664m (£68.4m) as its 2022 revenues decreased to $7.1m (£856m), marking a 15% decline…
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3 April
The Fragrance Shop to open flagship store on London’s Oxford Street
The Fragrance Shop has confirmed it is to open a brand new flagship global experiential store on Oxford Street later…
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