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 -19 February
Club L London turnover doubles to £44m in 2024
Fashion retailer Club L London is targeting international expansion after turnover doubled to £44.4m during the year ended 31 March 2024. According to newly-filed accounts at Companies House, the company achieved a £29.5m turnover in 2023. The Manchester-headquartered retailer said that the increase in turnover happened despite a backdrop in…
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19 February
Tougher age checks and penalties to be introduced for online knife sales
Online retailers selling knives will need to carry out more stringent age verification checks in response to a government review, amid rising concerns over the standards for age and delivery checks. As part of the new measures, retailers will be required to implement a mandatory two-step verification process and report customers…
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19 February
Landsec given permission to revamp former Debenhams into city square
Landsec has secured planning permission from Cardiff City Council to transform a former Debenhams unit into a 102,000 sq ft city square. The redevelopment, designed in collaboration with over 5,000 local residents, will respond to consumer demand for high-quality leisure experiences, green spaces, and family-friendly environments. Bruce Findlay, managing director…
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18 February
AllSaints opens new store in Birmingham’s Bullring
AllSaints has announced the opening of its first store of 2025 in Birmingham’s Bullring, a shopping and dining destination located in the heart of the city. The new store spans 3,207 sq ft, spread across two floors, and is located on the upper level of the Bullring, in a site…
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18 February
Today’s news in brief-18/2/25
Shein has maintained strong growth despite recent challenges, including the US removing duty-free status for low-value ecommerce packages from China and increasing tariffs. Executive chairman Donald Tang reassured investors in a letter, emphasizing the company’s ability to offer affordable fashion and lifestyle products. Tang also expressed support for de minimis…
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18 February
Regatta Group sales grow by 6% in 2024
Regatta Group, home to some of Britain’s most recognised outdoor brands, has reported a 6% YoY growth in sales in 2024, selling 23 million products across its portfolio. The family-owned collective of leading brands includes high-street outdoor brand Regatta Great Outdoors, mountain and snow brand Dare 2b, sustainable-outdoor adventure brand…
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18 February
Lidl to become first supermarket to sell on TikTok shop
Lidl has announced that it is set to become the first British supermarket to sell products on TikTok shop. From 9am on 20 February people will be able to buy 3000 high protein bundles from the Lidl GB TikTok account. The bundle, worth over £30, will be available to purchase…
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18 February
The Perfume Shop reports strong Valentine’s sales
The Perfume Shop, the UK’s largest specialist perfume retailer, said it has a strong” Valentine’s Day performance as it revealed it sold over 240,000 bottles from the 1 February to the 14 February. The Perfume Shop’s sales were driven by a 34% increase in retail sales across both classic and…
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18 February
Shein chairman says growth ‘remains strong’ despite tariff woes
Shein’s executive chairman, Donald Tang, has reportedly reassured shareholders that the company’s growth “remains strong”, even after the US removed duty-free status for low-value ecommerce packages from China and increased tariffs, according to Reuters. This change has raised concerns about Shein’s business model, with some analysts suggesting that both Shein…
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18 February
THG Studios appoints new senior vice president
Creative agency THG Studios has appointed Richard Aldiss as senior vice president, to spearhead growth. His appointment will see THG Studios build on its growth in 2024, which saw the agency craft campaigns for the likes of Toblerone, ASDA, Disney, and Sky Bet’s The Overlap, along with the launch of…
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