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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Apr- 2025 -23 AprilHealth & Beauty
THG rejects ‘undervalued’ takeover offer for Myprotein
THG’s board has confirmed that it received and rejected an “unsolicited, largely unfunded, highly conditional and non-binding” proposal from Selkirk to acquire Myprotein following recent speculation surrounding the potential deal. Selkirk’s proposal ascribed a headline value to Myprotein of between £400m and £600m on a cash-free, debt-free basis. According to…
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22 AprilFeatures
How retailers can tackle ESG risks amid greenwashing crackdown
Starting from April, the Competition and Markets Authority (CMA) gains new powers to fine businesses for misleading greenwashing claims. With fines of up to 10% of global turnover or £300,000 for breaches, this crackdown underscores the rising importance of Environmental, Social, and Governance (ESG) risk management. Retailers, particularly those involved…
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17 AprilHealth & Beauty
Revolution Beauty CEO to step down and join Ulta as merchandise boss
Revolution Beauty has announced that chief executive Lauren Brindley will be stepping down from her role and as a member of the board on 31 May 2025, in order to join Ulta Beauty as a chief merchandising and digital officer. Upon Brindley’s departure at the end of May, Colin Henry…
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15 AprilSport & Leisure
Former Very Group CEO to take over as Halfords boss
Halfords has announced that Graham Stapleton is stepping down as CEO, with Henry Birch replacing him in the role. Stapleton has led Halfords for over seven years, and during his tenure has helped see annual revenues grow from £1.1bn to £1.7bn, with more than half of sales now service-related. Henry…
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14 AprilLuxury Goods
Mytheresa to finalise acquisition of Yoox Net-A-Porter
Mytheresa has received clearance from the European Commission for its acquisition of Yoox Net-A-Porter from Richemont, with plans to close the transaction on Wednesday 23 April. It comes as the two groups signed binding agreements for the deal by Mytheresa of 100% of the share capital of YNAP from Richemont…
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8 AprilHealth & Beauty
Lush to pass on Trump tariffs to US consumer as its losses widen
Cosmetics retailer Lush has revealed it is set to pass on the effects of Donald Trump’s tariffs to its US consumers as it looks to navigate a difficult trading environment, which has seen its group losses before tax increase 52% to £42.6m. According to its latest accounts on Companies House,…
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3 AprilNews-In-Brief
Today’s news in brief-3/4/25
The Co-op has reported a sixfold surge in full-year pre-tax profits, rising to £161m from £28m the previous year, despite facing over £200m in new headwinds and investment costs. This growth was driven by increased operating profits, which climbed by £34m to £131m, alongside improved returns from Funeralcare plan investments.…
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3 AprilElectrical
Currys ups profit guidance after robust peak trading
Currys has announced that it has increased its profit guidance with its adjusted profit before tax expected to be £145-155m ahead of consensus expectations. This comes after the retailer saw its UK and Ireland revenues increase 2% in the 10 weeks ended 4 January 2025, what it considers to be…
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3 AprilOnline & Digital
Moonpig to hit top-end of FY25 revenue guidance
Moonpig Group expects its revenues to be between £350m and £353m at year’s end on 30 April 2025, with a “stronger than expected” adjusted EBITDA margin, which will be at the top end of its 25% to 27% guidance range. The online retailer of greeting cards and gifts attributed its…
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3 AprilPeople Moves
Sainsbury’s appoints two non-exec directors to board
Sainsbury has today (3 April) announced that Katie Bickerstaffe and Steve Hare will join the board as non-executive directors following the AGM on 3 July 2025. Bickerstaffe will be a member of the corporate responsibility and sustainability committee and the nomination and governance committee and Hare will join the audit…
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