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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Jun- 2025 -2 JuneFeatures
Is kidswear holding fashion retailers back?
Children’s apparel rarely commands the spotlight in retail reporting – but when it underperforms, the drag is felt quietly across the balance sheet. In its latest financial results, Adena Brands – owner of Monsoon and Accessorize – reported a £7.5m pre-tax loss and an 11% decline in group sales. The…
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May- 2025 -23 MayEconomy
Retail sales beat expectations in April
Retail sales volumes increased 1.2% in April 2025, up from a rise of 0.1% in March 2025, marking the fourth consecutive month of growth and easily beating forecasts of 0.2%. Food store sales increased 3.9%, mostly recovering from falls in February and March 2025. Supermarkets, specialist food stores such as…
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22 MayDIY
The Works ups profit guidance as turnaround bears fruit
The Works has upgraded its FY25 profit guidance and is expecting to deliver approximately adjusted EBITDA of £9.5m compared with £6m in FY24, following good progress with its turnaround strategy. The group is also targeting profit growth in excess of current market expectations of the £10m adjusted EBITDA in FY26.…
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22 MayHealth & Beauty
Revolution Beauty enters formal sales process
Revolution Beauty has announced the beginning of a formal sales process after it received a preliminary approach from an unnamed company. On 13 May the beauty retailer said that it was reviewing its funding structure and in light of this is exploring discussions in respect of support for an equity…
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20 MayHigh Street
Greggs sales surge 7.4% to £784m
Greggs has reported a 7.4% increase in total sales to £784m (2024: £730m) for the 20 weeks of 2025, driven by store expansion and product innovation. Its like-for-like (LFL) sales in company-managed shops also grew by 2.9%, with improved performance in the last 11 weeks supported by better trading conditions.…
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19 MayPeople Moves
Frasers Group CEO Michael Murray joins Hugo Boss supervisory board
Frasers Group has announced that its CEO Michael Murray has joined the supervisory board of Hugo Boss. Frasers proposed Murray for election back in December, and he joins Stephan Sturm, chairman of the board of the Heinz Hermann Thiele Family Foundation and Andreas Kurali, a freelance business consultant, as its…
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19 MaySupermarkets
M&S boss faces pay package hit amid cyber attack
Marks and Spencer boss Stuart Machin’s pay is reportedly expected to be cut by up to £1.06m after a cyber attack caused the company’s shares to drop by 14%, according to the Financial Times. The hacking incident on 22 April 2025 could cost Machin about £831,000 on a performance share…
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16 MayClothing & Shoes
Next suffers shareholder rebellion over pay transparency
Next’s shareholders have pushed back against what some deemed as a lack of transparency over its staff pay after more than a fifth backed a resolution calling for more information. The vote at the retailers AGM yesterday (Thursday 15 May) saw 26.9% of shareholder votes in support of a resolution…
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14 MaySport & Leisure
Angling Direct sees FY sales and profits rise
Angling Direct has reported a 11.9% increase in group revenues to £91.3m and a 23.6% rise in adjusted profit before tax to £2.0m for the 12 months ended 31 January 2025 (FY25). Its adjusted EBITDA also increased 20.0% to £3.4m, slightly ahead of recently upgraded consensus market expectations. In the…
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13 MayEconomy
Late Easter sees retail sales rise 7% in April
UK total retail sales increased by 7% year-on-year in April, against a decline of 4% in April 2024, according to the latest BRC-KPMG retail sales monitor. This was above the three-month average growth of 2.9% and above the 12-month average growth of 1.4%. However, the retail sales monitor clarifies as…
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