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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May- 2025 -13 May
Revolution Beauty revenues fall 26% in FY25
Revolution Beauty revenues plummeted 26% year-on-year to £141.6m for the year ended 28 February 2025, reflecting the rationalisation of its product and brand portfolio, as well as softness in the US market. In its trading update for the full-year, the beauty retailer said it also expects to report FY25 underlying…
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13 May
M&S confirms customer data stolen in cyber attack
Marks and Spencer has told customers that some of their personal data has been stolen following a major cyber attack last month. However, it said the data does not include usable payment or card details, which are not held on its systems, and does not include any account passwords. It…
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12 May
Today’s news in brief-12/5/25
Boots chairman Stefano Pessina is set to increase his stake in Walgreens Boots Alliance to nearly 50% following the company’s $10bn takeover by private equity firm Sycamore. While Pessina, who previously held a 17% stake, will invest more to expand his share, Sycamore will take majority ownership. The deal, valued…
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12 May
Luxe Collective closes down after 7 years of trading
Second-hand luxury fashion business Luxe Collective has closed down after seven years of trading, under a year after the business suffered a burglary. In a post to Linkedin, co-founder and chief executive Ben Gallagher, who set up the business with his brother Joe, confirmed that the brand “will no longer…
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12 May
Boots chair to hike stake to 50% following $10bn takeover deal
The chairman of Boots is reportedly set to hike his stake in Walgreens Boots Alliance to almost 50% as part of the group’s $10bn (£7.5bn) takeover deal, The Times has reported. While chair Stefano Pessina, who previously held a 17% stake in the Anglo-American group, will put in more money…
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12 May
Disney to launch Westfield White City pop-up in June
Disney Store is set to launch a new pop-up at Westfield White City, opening June 2025. The limited-time store will offer UK shoppers a further physical opportunity to purchase products from Disney’s parks, stories and characters. Guests visiting the store can expect the signature touches such as daily opening ceremonies,…
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12 May
Søstrene Grene to double UK presence by 2027
Søstrene Grene has announced that it is planning to double its UK footprint by 2027, targeting 100 stores nationwide. The Danish lifestyle and homewares brand has already confirmed the upcoming opening of three new store for summer 2025 in Harrogate, Canary Wharf and Stirling. The move comes as part of a broader growth strategy…
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12 May
Skims to debut first UK store in summer 2026
Kim Kardashian’s lingerie brand, Skims, has signed a 10-year lease for its first standalone UK store, which will span 12,000 sq ft at 245-247 Regent Street and is due to open in summer 2026. The brand, which has been credited for creating technically constructed collections that prioritise comfort, fit and…
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12 May
Debenhams Group exploring £175m debt refinancing deal
Debenhams Group, formerly known as Boohoo, is in discussions to refinance up to £175m worth of debt, according to reports from The Telegraph. The online fashion company is reportedly looking to access the high yield market for £50m of the proposed total. Debenhams Group has also sounded out several asset-backed…
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9 May
Today’s news in brief-9/5/25
The UK and US have struck a “first-of-a-kind” trade deal, slashing tariffs for UK carmakers, steel, and farmers while maintaining a 10% levy on other goods. Car export tariffs will drop from 27.5% to 10%, benefiting Jaguar Land Rover, while steel and aluminium tariffs fall to zero. The deal includes…
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