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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Oct- 2025 -30 October
HMV to open three new stores as part of UK and European expansion
HMV has announced plans to open three new stores in Peterborough, Cork and The Hague as part of its ongoing expansion across the UK and Europe. The new locations represent a further step in its investment in high-street retail following a period of growth and refurbishment across its existing estate. …
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30 October
Usdaw condemns peers for voting down Employment Rights bill
Usdaw has condemned Conservative and Liberal Democrat peers in the House of Lords for voting against various parts of the Employment Rights Bill, sending it back to the House of Commons. Tory and Lib Dem peers voted against measures surrounding zero-hours contracts, unfair dismissal from day one, industrial action ballot…
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30 October
Superdry returns to FY profit amid restructuring plan
Superdry has returned to profit in FY25 following a restructuring plan that included tight cost control, with pre-tax profits rising to £33.8m, up from a loss of £48.3m the prior year. This was largely driven by over £130m in SG&A savings, targeted cost reductions, and impairment reversals linked to lease modifications. …
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30 October
Adidas raises 2025 profit forecast after record quarterly sales
Adidas has lifted its full-year profit forecast after posting record quarterly revenues, driven by strong growth in footwear and apparel. The sportswear brand reported a 12% increase in sales to €6.6bn (£5.82bn) for the third quarter, marking its highest quarterly revenue on record. Operating profit for the 2025 financial year…
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30 October
West End festive sales expected to rise 1.3% to £1.7bn
London’s West End is expected to post a 1.3% rise in festive season sales this year, with total spending over November and December forecast to reach £1.7bn, according to the New West End Company. The business partnership said flight bookings to London across the two months were up 2.8% on…
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29 October
Zalando appoints Anna Dimitrova as chief financial officer
Zalando SE has appointed Anna Dimitrova as chief financial officer, effective 1 January 2026. She will join the company’s management board and take responsibility for finance and corporate governance. Dimitrova is currently group CFO at Deutsche Glasfaser and has more than 20 years’ international experience in finance, including roles at…
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29 October
Charles Denton-led investor group acquires Bodycare assets
An investor group led by beauty sector executive Charles Denton has acquired certain assets of Bodycare, the long-standing value beauty retailer formerly operating across high streets in the North and Midlands. Denton will lead the business following the transaction, with the first wave of store reopenings planned for early 2026.…
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29 October
Next ups FY guidance as Q3 sales rise 10.5%
Next has reported that its sales rose by 10.5% in the thirteen weeks ended 25 October 2025, £76m ahead of its guidance of 4.5% sales growth. As a result of this increase in Q3 sales, the retailer revealed that it is increasing its full year guidance for profit before tax…
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29 October
Amazon to cut 14,000 jobs globally amid AI shift
Amazon is reportedly set to cut around 14,000 corporate jobs worldwide as part of a restructuring drive linked to the growing use of artificial intelligence (AI), raising uncertainty for the company’s 75,000 UK workers, according to Sky News. The US technology group said affected teams would be informed by management…
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29 October
Holland and Barrett chief joins Retail Trust board
Holland and Barrett has revealed that its chief executive, Anthony Houghton, has been appointed a non-executive director and trustee of the industry charity, Retail Trust. News of the appointment follows Houghton’s recent promotion to group chief executive at the health and wellness retailer, which he joined in 2018 as group…
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