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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Feb- 2025 -26 February
Gymshark names Kim Dolder as new chief commercial officer
Gymshark, the fitness and gymwear brand, has appointed Kim Dolder as its new chief commercial officer (CCO). Dolder, who was previously general manager of North America for Gymshark, will report directly to founder and CEO Ben Francis. She will continue to operate out of New York and lead Gymshark’s US…
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26 February
Sports Direct launches new membership scheme
Frasers Group has announced the launch of a new membership scheme for Sports Direct, with a benefit-based programme designed to “reward loyal customers with exclusive benefits, personalised offers and a seamless omnichannel experience”. The retailer said members will receive tailored rewards and offers, available both in-store and online at Sports Direct…
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26 February
M&S and John Lewis top list for highest female board representation
M&S and John Lewis are among several retailers who are leading the way for gender equality in boardrooms. According to the FTSE Women Leaders Review report for 2025, women now occupy nearly 43% – or a total of 1,275 – of roles on company boards in the UK. A number…
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26 February
Hammerson rental income falls as it slashes net debt
Hammerson has seen its gross rental income fall from £208m to £189m for the year ended 31 December 2024. As a result, the company posted a loss of £526m, up from a £51m loss in the previous year, with the company putting £497m of this loss down to impairment in…
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26 February
One in 10 part-time retail jobs at risk, BRC says
One in 10 part-time retail jobs, up to 160,000 roles, could be at risk of being lost over the next three years as a result of the rising costs of employment, the BRC has revealed. The retail body has warned of the impact that both the budget and upcoming regulatory…
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26 February
Angling Direct revenues surge 11.9% to £91.3m in FY 2025
Angling Direct, the omni-channel specialist fishing tackle retailer, has reported a 11.9% surge in £91.3m in FY 2025, driven by strong trading performance in the second half of the year despite the ongoing challenges in the broader consumer landscape. It comes as revenue in the UK business (stores and online)…
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25 February
Today’s news in brief-25/2/25
The UK government is set to introduce stricter measures to combat retail and street crime through a new Crime and Policing Bill, which had its first reading in the House of Commons on 25 February. The bill, expected to become law later this year, includes a new offence for assaulting…
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25 February
Tumi to open in Victoria Leeds in June
International travel and lifestyle brand Tumi is set to open a new store in Victoria Leeds in June. Marking the brand’s first location in the North of England, the 517 sq ft store will feature the brand’s extensive selection of premium luggage, backpacks, world-class business and travel products. Customers will…
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25 February
Co-op unveils new board appointments
The Co-operative Group (Co-op) has appointed Wais Shaifta and Lord Simon Woolley as Independent non-executive directors (NED). Wais is an expert in digital growth and transformation and Co-op said his experience in leading technology businesses brings “depth of understanding of the role technology plays in delivering more value to member-owners”.…
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25 February
Victorian Plumbing ‘on track’ amid Q2 sales increase
Victorian Plumbing has announced that it is “on track” to deliver profit in line with its full-year expectations as sales in Q2 rose. As a result, the company stated that it expects its half-year sales to have increased 5% after sales growth in January and February. The company put part…
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