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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Jul- 2021 -16 July
Uniqlo lowers FY forecast amid Q3 ‘shortfall’
Fast Retailing, the owner of Uniqlo, has lowered its full year forecast due to a “shortfall” in its Q3 results.…
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16 July
Liberty London swings to £12.6m loss in FY21
Liberty London has swung to a management EBITDA loss of £12.6m for the 52 weeks ended 30 January 2021, following…
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16 July
Eve Sleep revenue rises 13% in H1
Eve Sleep has announced that for the six months ended 30 June 2021, group revenue increased 13% to £13.9m, up…
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16 July
Burberry sales rebound in Q1
Burberry has welcomed a “strong” rebound in trading during its first quarter, as revenue soared by 86% to £479m in…
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16 July
Poundland owner welcomes ‘resilient’ trade in Q3
Pepco, the owner of Poundland, has welcomed a period of “resilient trading” in its third quarter, with the group revealing…
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15 July
Sainsbury’s encourages use of face coverings in stores
Sainsbury’s has confirmed that it will still encourage customers to wear face coverings inside the stores despite the lifting of…
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15 July
Burberry non-exec director Dame Carolyn McCall resigns
Burberry has announced that Dame Carolyn McCall is set to retire as a non-executive director at the company. McCall will…
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15 July
Asos sales rise 26% despite Covid ‘uncertainty’
Asos has reported that total sales soared 26% to £1.24bn in the four months ended 30 June 2021, up from…
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15 July
Halfords to hire 700 in recruitment drive
Halfords has set upon a recruitment drive that will see over 700 new staff members across a range of positions…
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15 July
Kingfisher raises guidance as sales rise 22%
Kingfisher has announced it is raising its guidance for its half-year results after reporting that like-for-like sales in Q2 were…
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