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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Dec- 2019 -18 December
Online sales soar in November
Online sales grew 16.4% year-on-year in the month of November, according to the latest figures from the IMRG Capgemini Online…
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18 December
Pandora appoints former Bulgari exec as new CMO
Jewellery brand Pandora has appointed former vice president of global marketing and communication, Carla Liuni, as its new chief marketing…
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17 December
H&M sales rise in Q4
Fashion retailer H&M has reported a 9% increase in net sales to SEK61,704m (£4.98m) for the three months to 30…
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17 December
Mike Ashley warns of more House of Fraser closures
Despite experiencing the first “green shoots of recovery” further House of Fraser store closures are to be expected, Mike Ashley…
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17 December
Ted Baker appoints ex-Sports Direct CFO as non-executive director
Ted Baker has appointed Jon Kempster as an independent non-executive director effective immediately. Kempster has previously held board positions at…
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17 December
Footfall slows after Black Friday boost
Footfall across UK retail destinations dropped by 0.9% post Black Friday, according to the latest retail figures from Springboard. In…
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16 December
Sports Direct profits soar in half-year results
Shares in Sports Direct jumped more than 16% to 418p in early trading today, after the retailer announced a 160%…
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16 December
Studio profits slump amid PPI claims
Online retailer Studio has recorded a ‘flat’ revenue of £228.1m in its half-year results ended 27 September. Whilst adjusted profit…
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16 December
The Hut Group completes €1bn capital raising
The Hut Group has announced a €1bn (£830m) raise in capital in order to deliver a “step- change” to its…
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13 December
The election is over – time for the Tories to deliver for small businesses
It now looks as though political stasis and all the damage that does to business will be lifted in 2020.…
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