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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Aug- 2019 -27 August
Carpetright debt absorbed by shareholder
Carpetright shareholder Meditor is set to absorb the retailer’s £40.7m revolving credit facility, purchasing it from lenders Natwest and Ulster…
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27 August
FF Group searching for Links of London buyer
Links of London owner Folli-Follie Group (FF Group) has confirmed that it has appointed firms Deloitte and Savigny to the…
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27 August
Shop Direct adds Topshop and Topman to its offering
Shop Direct, the digital retailer and financial services provider, has added Arcadia’s Topshop and Topman to its portfolio of more…
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23 August
Reiss group sales soar by 23.7% in H1
Fashion brand Reiss has seen group sales rise by 23.7% for the first half of 2018, alongside announcing an advertising…
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23 August
Morrisons to close four stores, 400 jobs at risk
Morrisons is to close four stores putting 400 jobs at risk it has confirmed. The ‘Big Four’ grocer revealed stores…
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22 August
Ted Baker CFO departs for Mulberry after 17 years
Mulberry, the British luxury brand, has announced the appointment of Charles Anderson to the Company’s board of directors as group…
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22 August
Tobar places Hawkins Bazaar up for sale
Toy and gift retailer Hawkins Bazaar has been brought to the market by its owner Tobar International. The retailer, which…
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21 August
Sports Direct approaches mid-tier firms in race for new auditor
Sports fashion retailer Sports Direct has approached mid-tier accountancy firms BDO and Mazars as it races to appoint a new…
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21 August
CEO pay at the UK’s biggest companies falls by 13%
CEOs of FTSE 100 companies have seen their salary drop by 13% year-on-year to an average of £3.4m in 2018.…
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21 August
Hammerson appoints James Lenton as new CFO
Shopping centre owner Hammerson has appointed James Lenton as the company’s new CFO, and will take the role on 1…
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