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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Oct- 2025 -23 OctoberHigh Street
Shoezone FY profits fall to £2.4m amid slowdown in demand
Shoezone has reported that its adjusted profits before tax are expected to be about £2.4m for the 52-week period to 27 September, down from £10m a year earlier but in line with management expectations. It comes as the footwear retailer’s revenues fell 7.6% to £149.1m from £161.3m in 2024, which…
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20 OctoberHigh Street
B&M lowers FY guidance amid accounting error as CFO resigns
B&M has reduced its profit guidance for the 2026 financial year after uncovering an accounting error related to freight costs, as it confirmed the planned departure of its chief financial officer Mike Schmidt. The value retailer said a review of its half-year consolidation process found around £7m of overseas freight…
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15 OctoberHigh Street
Marks and Spencer extends chairman Archie Norman’s tenure
Marks and Spencer (M&S) has announced that it has decided to extend chairman Archie Norman’s tenure following consultation with shareholders, executives and advisers of the committee of non-executives. Norman started as chairman in 2017 and therefore will reach the “comply or explain” nine-year point in eleven months’ time. M&S stated…
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14 OctoberClothing & Shoes
Sosandar returns to revenue growth in H1
Sosandar has announced that it has seen its revenues return to growth with a 15% increase in net revenue to £18.7m for the half year ended 30 September 2025, up from the £16.2m it posted in the same period last year. Furthermore, its own site revenue also returned to growth…
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14 OctoberOnline & Digital
THG welcomes highest quarterly growth in four years
THG has welcomed strong revenue growth across both businesses in Q3, with group sales up by 6.3% over the period, marking the highest organic quarterly growth since Q4 2021. This was driven by a 10% growth in THG Nutrition, the highest growth rate in over two years, as well as…
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14 OctoberOnline & Digital
Gear4music lifts profit forecast as H1 sales rise 31%
Gear4music has raised its full-year earnings forecast after reporting a 31% rise in revenues for the six months to 30 September. The online retailer of musical instruments and equipment said revenue growth accelerated from 27% in the first quarter to 34% in the second, supported by higher sales across its…
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10 OctoberEconomy
Gen Z spending to top £26bn in 2025, report finds
Gen Z’s spending is set to drive over £26bn of retail spending in 2025, rising to almost £40bn over the next decade, according to research by RSM UK and Retail Economics. While this cohort’s spending power is forecast to keep climbing, it is also expected to keep prioritising saving and…
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7 OctoberPeople Moves
Vestiaire Collective appoints new CEO
Paris-based fashion resale platform Vestiaire Collective has announced the appointment of Bernard Osta as chief executive, succeeding Maximilian Bittner, who has led the company for the past seven years. Osta joined Vestiaire Collective in May 2021 and has held senior leadership roles including chief strategy officer and, most recently, chief…
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6 OctoberDepartment Stores
John Lewis appoints new director of merchandising
John Lewis has appointed Anna Milne as its new director of merchandising, a new role that will be part of John Lewis management board. Most recently, she has been the merchandising director for the luxury lifestyle brands Net-A-Porter and Mr Porter. Milne has nearly 20 years of experience in retail,…
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3 OctoberClothing & Shoes
Brunello Cucinelli revenues pass €1bn
Brunello Cucinelli has reported revenues above €1bn (£870m) for the first nine months of 2025, marking a year-on-year increase of 10.8% at current exchange rates and 11.3% at constant rates. The Italian fashion house said all regions contributed to growth, with sales in Asia up 15.6%, the Americas rising 9.2%…
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