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- 2025 -14 April
Hilco closes in on Lakeland deal
Family-owned homeware retailer Lakeland is close to being acquired by high-street investment firm Hilco Capital, according to reports from Sky…
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14 April
Watches of Switzerland set to close 16 showrooms
Luxury watch retailer Watches of Switzerland is reportedly set to close 16 showrooms across the UK, putting 40 jobs at…
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14 April
Currys CEO warns of ‘flood’ of Chinese products amid Trump tariffs
The head of Currys has warned that more Chinese products will “flood” the UK and Europe market through platforms like…
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14 April
Iceland to double forecourt presence with EG On the Move
Iceland is set to double its presence in the forecourt sector through a new strategic partnership with EG On the…
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14 April
Mytheresa to finalise acquisition of Yoox Net-A-Porter
Mytheresa has received clearance from the European Commission for its acquisition of Yoox Net-A-Porter from Richemont, with plans to close…
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11 April
Today’s news in brief-11/4/25
Uniqlo owner Fast Retailing has raised its profit forecast for the third consecutive year, driven by strong sales in Japan…
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11 April
UK economy grows 0.5% in Feb
The UK economy grew by an unexpected 0.5% in February as manufacturing, retail and the services sector all helped contribute…
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11 April
Uniqlo owner ups forecast for third consecutive year
Fast Retailing Co, owner of Uniqlo, has revealed that it has upped its profit forecast for the third consecutive year…
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11 April
Topgolf Callaway to offload Jack Wolfskin brand in $290m deal
Topgolf Callaway Brands has announced that it has entered into an agreement to sell its Jack Wolfskin business to Anta…
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11 April
Met Police challenges Asda’s Park Royal redevelopment amid safety concerns
The Metropolitan Police is reportedly threatening to block Asda’s proposed mixed-use redevelopment in west London amid concerns over public safety.According…
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