Board
This coverage highlights board-level developments shaping the UK retail industry, from executive appointments and leadership reshuffles to governance strategy and corporate direction. Retail Sector reports on boardroom changes across major retail brands, supermarkets, and e-commerce operators, analysing how leadership decisions influence company performance, culture, and market positioning. Coverage includes director appointments, succession planning, governance best practices, and strategic decision-making at the highest levels. For retail professionals, these insights illuminate how leadership dynamics drive operational change, investor confidence, and long-term growth across the sector.
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May- 2025 -13 MayHealth & Beauty
Revolution Beauty revenues fall 26% in FY25
Revolution Beauty revenues plummeted 26% year-on-year to £141.6m for the year ended 28 February 2025, reflecting the rationalisation of its product and brand portfolio, as well as softness in the US market. In its trading update for the full-year, the beauty retailer said it also expects to report FY25 underlying…
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8 MayHigh Street
Mothercare retail sales fall 18% in FY25
Mothercare, the specialist global brand for parents and young children, has reported an 18% decline in its worldwide retail sales by franchise partners of £231m (FY24: £281m) for the 52 week period to 29 March 2025 (FY25). According to the group, the decline largely resulted from the unchanged trading conditions…
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7 MayNews-In-Brief
Today’s news in brief-7/5/25
Asda has appointed Rachel Eyre as its new chief customer officer, replacing David Hills. Eyre joins from Morrisons, where she served as chief customer and marketing officer, overseeing brand strategy, digital, and PR. With prior experience at Sainsbury’s and Barclays, she aims to reinforce Asda’s position as the UK’s lowest-priced…
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7 MayClothing & Shoes
Skechers to be acquired by 3G Capital for $9.42bn
Footwear brand Skechers has announced that it has agreed to be acquired by 3G Capital for $9.42bn (£7bn). The investment firm has offered $63 (£47) per share in cash, representing a premium of 30% to the company’s 15-day volume-weighted average stock price. The transaction includes the option for existing shareholders…
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7 MayHigh Street
Card Factory sales and profits rise in FY25 amid growth strategy
Card Factory has welcomed a year of “resilient” trading, with both revenues and profits rising as the group implemented its growth strategy and expanded its store portfolio and product offerings over the period. In the full-year ended 31 January 2025, adjusted profit before tax rose by 6.3% to £66m, while…
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6 MayNews-In-Brief
Today’s news in brief-6/5/25
Deliveroo has agreed to a £2.9bn takeover by US rival DoorDash, creating a combined entity operating in over 40 countries with annual orders exceeding £10bn. The deal, offering a 44% premium on Deliveroo’s share price, was approved by its board. DoorDash CEO Tony Xu highlighted the potential for expanded innovation,…
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6 MayNews
Deliveroo to be acquired by US rival DoorDash in £2.9bn deal
Deliveroo has announced it has agreed to a £2.9bn takeover deal from US delivery platform rival Doordash. The delivery giants said the deal will help improve Deliveroo’s market share while the “complementary geographic regions” will see Doordash enter nine new countries for the first time, including the UK. The news…
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2 MayNews-In-Brief
Today’s news in brief-2/5/25
Apple reported a 5% year-on-year revenue increase to $95.4bn in Q2 2025, surpassing analyst expectations. Earnings per share rose 8% to $1.65, driven by strong iPhone sales ($46.8bn), Mac computers ($7.9bn), and iPads ($6.4bn). CEO Tim Cook highlighted double-digit growth in services and Apple’s 60% reduction in carbon emissions over…
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2 MayPeople Moves
End appoints former Prada and Givenchy boss as new CEO
Streetwear retail brand End has announced the appointment of Sebastian Suhl, former chief executive of Prada and Givenchy, as its new CEO. Suhl joins End with an extensive retail career spanning 25 years, and steps into his new role following the departure of current CEO Parker Guerdson on 1 May…
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2 MayTechnology
Apple revenues jump 5% to $95bn in Q2
Apple has seen its revenues increase by 5% YoY to $95.4bn (£71.7bn) during the second quarter ended 29 March 2025. The tech giant also reported earnings-per-share of $1.65 (£1.24), up 8% YoY. The results exceeded analysts expectations which predicted revenues of $95.3bn (£71.6bn). During the quarter, sales of iPhones hit…
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