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- 2025 -8 August
Oak Furnitureland launches lifetime furniture guarantee
Oak Furnitureland has announced the launch of a new lifetime furniture guarantee, cementing its long-held belief that “furniture should be built to last”. The guarantee is available on the structural framework of furniture – from sofas, armchairs and footstools, to dining tables, wardrobes and sideboards – covering key components such…
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8 August
Criminals exploiting weak trading enforcement, Bira warns
The British Independent Retailers Association (Bira) has warned that a collapse in trading standards enforcement is allowing criminal operators to undermine legitimate businesses. The warning follows a new investigation by consumer group Which?, which found that 36 trading standards services reported no criminal prosecutions in the 2023–24 financial year. Some…
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8 August
Crocs welcomes ‘solid’ Q2 but warns of future uncertainty
Crocs has welcomed a “solid” second quarter, as revenues jumped 3.4% to $1.149bn (£855m), but warned that its third quarter could be hampered by market uncertainty. Over the period, direct-to-consumer revenues grew by 4.0% while wholesale revenues increased 2.8%. According to the group, a strong cash flow generation enabled it…
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8 August
Revolution Beauty rejects PE bid amid ongoing sales process
Revolution Beauty has reportedly turned down a bid from specialist private equity firm True, according to reports from Reuters. The company confirmed that it is continuing to advance its engagement with its shareholders, including in respect of a potential equity raise. As a result of this the company’s share price…
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8 August
Footfall declines in July for second consecutive year
UK footfall fell by 0.4% year on year in July, according to data from the British Retail Consortium–Sensormatic IQ, marking a second consecutive year of decline for the month. The figure was a slight improvement on June’s 1.8% fall. High street footfall declined by 1.7%, compared with a 3.0% drop…
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8 August
Ralph Lauren raises FY guidance as Q1 sales jump 14% to $1.7bn
Ralph Lauren has raised its full-year outlook after first-quarter revenues rose 14% year-on-year to $1.7bn (£1.3bn) in the period ended 29 June. The luxury fashion group attributed its performance to strong global demand and margin gains. Sales rose 11% in constant currency, with double-digit growth in Asia and Europe and…
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8 August
John Lewis to open new Beauty Hall concept store in Liverpool
John Lewis has kickstarted the national rollout of its reimagined Beauty Halls, starting with the reopening of its Liverpool store, following a multi-million-pound investment in physical retail. The Liverpool store is the first of six Beauty Halls scheduled for transformation this year and will serve as the blueprint for the…
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7 August
Mango opens first UK Teen store in Scotland
Fashion retailer Mango is set to open its first standalone Mango Teen store in Scotland as part of an accelerated UK expansion of the line. The new store, which opened on 1 August at Buchanan Galleries in Glasgow, will be the brand’s third standalone Mango Teen location in the UK…
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7 August
Specsavers to invest £5m in manufacturing facility
Specsavers has unveiled a “significant” investment in its UK supply chain, with plans to invest £5m over a two year period in its Vision Labs manufacturing facility in Kidderminster. The investment will fund the expansion and upgrade of the Worcestershire site, which produces prescription lenses for more than 900 Specsavers…
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7 August
Luxury loses momentum as midmarket braces for impact, Colliers finds
Luxury and midmarket retailers across EMEA are recalibrating strategies in response to a cooling post-pandemic retail environment, according to a report from Colliers. Colliers found that after years of price-led growth, luxury retail is showing signs of fatigue. Brands such as Kering and Chanel reported revenue declines in 2024, while…
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