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.
-
Feb- 2025 -18 February
Tesco appoints new wine product development manager
Tesco has announced that Beth Kelly, a Master of Wine (MW), has joined the supermarket’s wine team as wine product development manager. Previously a buying manager at Majestic Wine, Kelly will be responsible for France and South Africa across both still and sparkling wines. With over 20 years of experience in…
Read More » -
17 February
Today’s news in brief-17/2/25
Marks & Spencer has reinforced its international operations with three senior hires to drive its global growth strategy. Manish Kapoor, formerly of Pepe Jeans, joins as Managing Director for M&S India, while Victoria Jones, ex-Clarks executive, steps into the role of International Commercial Director. Richard Davies, previously Head of Category…
Read More » -
17 February
Aston Villa Football Club to open new store at Bullring
Aston Villa Football Club has selected Bullring to launch a new store set to open in May 2025. Located on Bullring’s lower level east, the 10,000 sq ft store will be spread across two floors and showcase a mix of Aston Villa and Adidas merchandise. The space will feature Adidas’…
Read More » -
17 February
Crocs FY revenues jump 3.5% to $4.1bn
Global footwear brand Crocs has reported record revenues of $4.1bn (£3.2bn), an increase of 3.5%, during the year ended 31 December 2024. The performance was aided by a strong fourth quarter which saw consolidated revenues of $990m (£786m), an increase of 3.1%, or 3.8% on a constant currency basis. Direct-to-consumer…
Read More » -
17 February
Capri Holdings appoints new chief brand and product officer
Global fashion luxury group Capri Holdings has announced the promotion of Philippa Newman to chief brand and product officer, effective immediately. In this expanded role, Newman will oversee all product and marketing functions. She will continue reporting directly to John D. Idol, chairman and CEO of Capri Holdings and Michael…
Read More » -
17 February
West End loses out on £640m in sales due to tourist tax, NWEC says
West End retailers have reportedly lost around £640m in sales last year due to the lack of tax-free shopping for international tourists, according to New West End Company research. The losses rose by 60% last year from £400m in unrealised sales in 2023, and impacted some 600 businesses in the…
Read More » -
17 February
John Lewis partners with Rough Trade to introduce vinyl records
John Lewis has partnered with music retailer Rough Trade to introduce a selection of vinyl records in stores and online. The new vinyl assortment is a curated selection of old and modern classics including albums from artists including Nirvana, Radiohead and Marvin Gaye. The selection also includes more modern artists…
Read More » -
17 February
M&S bolsters global team with new senior appointments
Marks and Spencer has bolstered its international business with three senior appointments to its global leadership team.Manish Kapoor joins from Pepe Jeans as the new managing director for M&S India, while Victoria Jones joins as the International commercial director, having moved from Clarks. Finally, Richard Davies has been promoted to…
Read More » -
17 February
Superdry extends Australian licensing partnership with Brand Collective
Superdry has announced a 12-year extension of its licensing partnership in Australia with fashion and lifestyle retailer Brand Collective, in a multi-million-dollar deal. According to the partnership, Brand Collective has exclusive rights to the Superdry brand in Australia. The partnership comes at a time when both companies are aiming to…
Read More » -
14 February
Today’s news in brief-14/2/25
The fast fashion retailer In The Style is reportedly preparing to appoint administrators as its financial struggles deepen. Acquired by Baaj Capital for just over £1m in 2022, the company saw revenues plummet from £46m to £30.4m in the year ending March 2024, with UK sales dropping to £29m. Despite…
Read More »
