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- 2021 -19 MayDIY
Dunelm sees sales soar by 59% following reopening
Dunelm has reported a 59% increase in sales in the seven weeks ending 9 May, despite only being able to trade for five weeks following the easing of lockdown restrictions on 12 April. In an update, the homewares retailer said that sales growth has been “very strong” since non-essential retail…
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17 MaySupermarkets
Sainsbury’s joins the Black British Network
Sainsbury’s has announced it is joining the Black British Network in a bid to improve the “representation and experiences” of its Black colleagues. The Black British Network was founded by campaigner Cephas Williams and was created to bring “lasting systemic change” for the Black community by working closely with UK businesses.…
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14 MayHigh Street
The Works sales plunge 19% in FY21
The Works has reported a 19% sales drop for the 53 weeks to 2 May, resulting in £206.2m in overall sales. This result comes after the retail chain saw its sites closed over the past year due to Covid-19 lockdowns, which it attributed to the financial outcome. During the period,…
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12 MayAdvice
How to benefit from the forthcoming massive wave of ad spend
The recent IPA Bellwether on marketing budgets in the UK has revealed that 2020 saw a fast paced decrease in spend as the effects of the pandemic naturally hit home. Now, as we continue to emerge from the worst of the effects, their forecasts are that there will be a…
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12 MayOnline & Digital
Vinted completes €250m fundraising round
Vinted, the C2C second-hand fashion platform, has completed a €250m (£214m) series F fundraising round at a pre-money valuation of €3.5bn (£3bn). Founded in 2008, the Lithuanian-based marketplace now operates across 10 European markets, and has a global network of over 45 million members. The investment round, led by EQT…
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10 MaySport & Leisure
Andy Rubin steps down from JD Sports’ board
JD Sports Fashion has announced the departure of Andy Rubin as non-executive director from its board, leaving the position on 6 May 2021. Rubin has been replaced on the board by Andy Long, as a non-executive director, with effect from 6 May 2021. Currently, Long serves as an executive director…
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7 MayLuxury Goods
Body Shop owner fundraises over £700m in sustainability-linked bonds
Natura and Co, the parent company of The Body Shop, Avon, and Aesop, has announced the completion of an international fundraising effort of $1bn (£718m) in bonds attributed to sustainability goals. According to the group, the funds will be put towards refinancing existing debt, as part of the group’s liability…
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6 MaySupermarkets
Sainsbury’s appoints Paula Nickolds as commercial director
Sainsbury’s has announced the appointment of Paula Nickolds as general merchandise and clothing commercial director at the group. Formerly a managing director at John Lewis, Nickolds will join the supermarket chain in June and act as a member of the firm’s operating board. In the role, Nickolds will be responsible…
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6 MayPeople Moves
Boohoo welcomes Tim Morris as non-executive director
Boohoo has appointed Tim Morris as a non-executive director. Morris is also currently group general counsel and company secretary at TalkTalk Telecom Group Limited, which was on the main list of the London Stock Exchange until March 2021 and which he joined prior to its IPO in 2010. He held…
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5 MayHigh Street
Pepco valued at £5bn ahead of Warsaw listing
Pepco Group, the owner of brands such as Poundland, Pep&Co and the Dealz brands, has been valued at between €4.8bn (£4.1bn) and €5.8bn (£5bn) ahead of its listing on the Warsaw stock exchange. In a publication of its prospectus for the offering, Pepco revealed the listing will consist of up…
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