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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.

  • Apr- 2025 -
    8 April
    LVMH makes leadership appointments to Fendi, Louis Vuitton and Kenzo

    LVMH makes leadership appointments to Fendi, Louis Vuitton and Kenzo

    LVMH has announced three new leadership appointments within Fendi, Louis Vuitton and Kenzo.  Ramon Ros has been appointed CEO of Fendi as of 1 July 2025 and will report to Sidney Toledano, senior advisor to the LVMH group chairman.  Throughout his proven track record of success within LVMH, especially at…

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  • 8 April
    Clintons returns to FY profit following store closures

    Clintons returns to FY profit following store closures

    Clintons has returned to profit following a period of store closures and job losses, with pre-tax profits rising to £8.1m in the year ended 29 June 2024, up from a loss of £5.4m the prior year. Full-year sales fell from £96.5m to £82.6m over the period, which was a “satisfactory…

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  • 8 April
    Levi’s sales and profits ‘exceed expectations’ in Q1

    Levi’s sales and profits ‘exceed expectations’ in Q1

    Levi Strauss and Co has reported a 3% increase in sales to $1.5bn (£1.17bn) and a 47% rise in adjusted EBITDA to $204m (£159m) during Q1 ended March 2, 2025, exceeding revenue and profitability expectations. The group’s DTC revenues also increased 9%, while its wholesale sales were up 3%. The…

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  • 8 April
    Sainsbury’s and Royal Mail partner on parcel locker roll-out

    Sainsbury’s and Royal Mail partner on parcel locker roll-out

    Sainsbury’s and Royal Mail have announced a long-term partnership which will introduce parcel lockers at the supermarket chain’s locations across the UK.  A first for the supermarket group, this Royal Mail partnership aims to expand its network of parcel drop-off and collection points.  It comes after Royal Mail first launched…

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  • 7 April
    Today’s news in brief-7/4/25

    Today’s news in brief-7/4/25

    US President Donald Trump has defended his newly announced tariffs, describing them as necessary “medicine” to address trade imbalances. Speaking aboard Air Force One, Trump warned that governments would need to pay “a lot of money” to lift the sweeping tariffs, which include a baseline 10% levy on imports from…

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  • 7 April
    Dreams appoints Feather & Black GM amid expansion plans

    Dreams appoints Feather & Black GM amid expansion plans

    Dreams has appointed Sarah Morgan as general manager of Feather and Black, Dreams’ luxury brand offering. Dreams acquired Feather and Black in July 2020, as part of its long-term strategy to strengthen its premium offering. Since then, it said the brand has played an important part in Dreams’ diversification. Moving…

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  • 7 April
    Entry-level job costs jump over 10% for retailers

    Entry-level job costs jump over 10% for retailers

    The cost of employing people into entry-level jobs has increased over 10% for retailers as a result of the rise in National Insurance Contributions (NICs) coupled with the increase to the National Living Wage, according to the British Retail Consortium. Alongside this, the trade body has claimed that the cost…

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  • 7 April
    Trump calls tariffs ‘medicine’ amid market turmoil

    Trump calls tariffs ‘medicine’ amid market turmoil

    US president Donald Trump has called his newly-announced tariffs “medicine” as he showed no signs of reversing them.  Speaking to reporters on Sunday (6 April) aboard Air Force One, Trump warned that governments would have to pay “a lot of money” to lift sweeping tariffs.  He said: “I don’t want…

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  • 7 April
    CMA to reconsider Lidl and Aldi’s restrictive land clause exemption

    CMA to reconsider Lidl and Aldi’s restrictive land clause exemption

    The Competition and Markets Authority (CMA) is reportedly considering an overhaul of rules that currently restrict major supermarkets from opening new stores in areas dominated by Aldi and Lidl, The Telegraph has reported.  The regulator’s current “restrictive” land clauses mean supermarkets must allow rival stores to open nearby without opposition…

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  • 7 April
    Co-op reopens three stores following refurb projects

    Co-op reopens three stores following refurb projects

    Co-op has officially reopened three stores in Devon and Herefordshire before the weekend, following “extensive” programmes of improvements to the community stores.   Located in Fore Street, Topsham; Newland’s Park, Scarborough, and Ledbury Road, Tupsley, the stores vary in size – with Newland’s Park, at just over 3,200 sq ft, being…

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