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.
-
Jan- 2025 -23 January
Rituals breaks €2bn revenue barrier
Rituals has announced that it posted revenues of €2.1bn (£1.78bn) in 2024 driven by an organic growth of 21% across…
Read More » -
23 January
THG hits FY expectations despite Q4 sales decline
THG has reported a decline in Q4 sales across some divisions, but remains on track to meet full-year expectations having…
Read More » -
23 January
Revolution Beauty warns FY sales may fall by quarter
Revolution Beauty has warned of a 25% decline in sales for the financial year ending 28 February 2025 due to…
Read More » -
23 January
CMA appoints Doug Gurr as interim chair
Former Amazon boss Doug Gurr has been appointed as interim chair of the Competition and Markets Authority (CMA), in a…
Read More » -
22 January
Today’s news in brief-22/1/25
River Island has engaged AlixPartners to manage cost reductions ahead of impending tax hikes in April. Despite a £33.2m pre-tax…
Read More » -
22 January
Flying Tiger Copenhagen to open new store at Trafford Centre
Danish variety store Flying Tiger Copenhagen will open a new store at Trafford Centre on 14 February. The new 1,500…
Read More » -
22 January
Waterstones profits quadruple to £43m as office workers return
Waterstones has seen pre-tax profits rise from £11.2m to £42.9m in the year to 27 April 2024, whilst reporting a…
Read More » -
22 January
Asda appoints David Lepley as new chief supply chain officer
Asda has announced that David Lepley will join its executive team as chief supply chain officer, to lead its food…
Read More » -
22 January
Mytheresa nominates Richemont CFO to board
Mytheresa has nominated Burkhart Grund, the chief financial officer of Richemont, as its new supervisory board member, subject to the…
Read More » -
22 January
Boohoo shareholders reject Frasers’ bid to remove co-founder
Boohoo shareholders have “overwhelmingly” voted against the resolution proposed by Frasers Group that would see founder and group executive vice…
Read More »
