News
News is Retail Sector’s central hub for breaking stories, market developments and company updates from across the UK retail industry. This category delivers authoritative, timely coverage on everything from trading performance and executive changes to store openings, brand activity and supply chain developments.
Retail Sector’s news coverage focuses on the business realities behind the headlines — providing retail professionals with context on how each development impacts operations, strategy and market confidence. Readers can expect clear, accurate reporting designed to keep decision-makers informed and competitive in a fast-moving retail landscape.
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Feb- 2022 -16 February
ASA bans ‘sexualised’ Boohoo ad
The Advertising Standards Watchdog (ASA) has banned an advert from fashion retailer Boohoo after deeming the ad “objectified and sexualised women” and was therefore “irresponsible and likely to cause serious offence”. The ASA said the ad in question was seen on 26 November 2021, and featured a product listing for…
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16 February
Shaftesbury announces partnership for London Fashion Week
Shaftesbury has announced it has partnered with the British Fashion Council for London Fashion Week in a bid to boost its retail tenants. As part of the partnership, a host of Carnaby and Soho retailers and restaurants will be offering “exclusive” perks, in-store events, activations, and specially designed cocktails and…
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16 February
Reiss to widen online offering through Next Total Platform
Reiss is set to launch a new, revamped website through Next Total Platform, which will enable a host of service upgrades for its online customers. The site is set to launch tomorrow (17 February) and the brand said the site’s look and feel will “remain true to Reiss’ distinctive aesthetic”. …
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16 February
Inflation hits 30-year high amid rising cost of living
Inflation rose by 5.5% in the 12 months to January 2022, up from 5.4% in December 2021, marking the highest annual inflation rate since May 1992. According to the Office for National Statistics (ONS), the largest upward contributions to the change in the inflation rate between December 2021 and January…
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15 February
Universal Works debuts London showroom
Universal Works, the Nottingham-based fashion brand, has announced it has launched its first dedicated showroom in the heart of London’s Camden Town, in a commercial property deal advised on by local law firm Nelsons. Along with three standalone stores, the team has now taken on a space at Holborn’s Emerald…
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15 February
January sees lowest rate of online retail growth ever recorded
January saw the lowest rate of online retail growth ever documented in 22 years of tracking at -24.4% Year-on-Year (YoY), according to the IMRG Capgemini Online Retail Index. The index, which tracks the online sales performance for over 200 retailers, ended 2021 at +2.7% total growth in the market, which…
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15 February
UK labour market sees recovery as unemployment falls to 4.1%
The UK labour market has seen “continuing recovery” as the unemployment rate decreased by 0.2% on the quarter to 4.1%, and employment rates increased by 0.1% in November 2021 to January 2022 to 75.5%. According to the Office for National Statistics (ONS), the ratio of vacancies to every 100 employee…
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15 February
Dunelm launches 3-year partnership with the Natural History Museum
British homewares retailer Dunelm has announced the launch of a new collection as part of a three-year collaboration with the Natural History Museum. The new collection will offer a range of “exclusive” homewares, all designed and produced in collaboration with the Museum and reflecting its “ethical and sustainable”, for example…
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15 February
MySale revenues dip amid inventory challenges
International online retailer MySale has announced that revenues fell by 6% to A$59.7m (£31.5m) in the six-month period to 31 December 2021, following a changing sales mix and growth of the marketplace channel. Gross Merchandise Value increased by 36% to A$86.7m (£46m) however, reflecting progress in scaling the group’s off-price…
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15 February
UK footfall rises for fifth consecutive week
Across UK retail destinations, footfall rose by +2.2% last week from the week before, with increases in each of the three destination types, according to Springboard. Footfall rose in all types of town centres, with the largest rise of +7.1% in regional cities outside of London versus +3.3% in Central…
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