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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Feb- 2025 -12 February
Dr. Martens names former John Hardy CEO as one of two new NEDs
Dr. Martens has announced the appointments of Robert Hanson and Benoit Vauchy as non-executive directors of the company with effect…
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12 February
ASA bans Next ad for promoting ‘unrealistic’ body image
The Advertising Standards Agency (ASA) has banned a Next ad for “power stretch denim leggings” which showcased an “unhealthy thin”…
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12 February
Gucci sales slump drags down Kering FY performance
Kering, which owns brands such Gucci, Yves Saint Laurent and Bottega Veneta, has reported a 29% drop in EBITDA to…
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12 February
Joshua Alliance completes £191m N Brown takeover
N Brown Group’s non-executive director and fourth-largest shareholder, Joshua Alliance, has announced the completion of the group’s £191m acquisition. News…
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12 February
Beales to shutter last remaining store amid budget changes
Beales, one of Britain’s oldest department stores, will shutter its last remaining store after more than 140 years of trading…
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12 February
JD Group appoints new CEO to Outdoor business
JD Group has appointed Dominic Jordan as the new CEO of JD Outdoor as Lee Bagnall steps down from the…
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11 February
Today’s news in brief-11/2/25
Fast fashion giant Shein has scrapped plans to open a UK warehouse in the Midlands, initially intended to support its…
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11 February
Kate Spade to open new store at The O2
Lifestyle brand Kate Spade New York will open a new 2,408 sq ft store at the Outlet Shopping at The…
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11 February
River Island chair to step down as Ben Lewis rejoins as CEO
The chair of River Island, Richard Bradbury, is stepping down from his role with immediate effect due to personal reasons,…
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11 February
Retail sales increase 2.6% despite ‘stormy’ January
UK total retail sales increased by 2.6% year-on-year in January, against a growth of 1.2% in January 2024, as consumer…
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