ESG
This coverage examines Environmental, Social and Governance (ESG) priorities shaping the UK retail industry. Retail Sector reports on sustainability initiatives, ethical sourcing, diversity and inclusion, and corporate governance standards adopted by leading retail brands. Coverage includes ESG strategy implementation, compliance with UK and EU regulations, and investor expectations driving responsible retailing. For retail professionals, this category provides expert insight into how ESG performance influences brand reputation, operational efficiency, and long-term business resilience in an increasingly sustainability-driven market.
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Mar- 2022 -24 MarchNews
Foot Locker appoints first global brands president
Foot Locker has announced the appointment of Samantha Lomow as its first global brands president, effective 18 March 2022. Lomow joins Foot Locker from Hasbro where she served as branded entertainment president, bringing over 25 years of global brand innovation, strategy, and business transformation experience across consumer products, entertainment, and…
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Feb- 2022 -24 FebruaryOnline & Digital
Gousto finalises new share placing
Gousto has announced that following a successful primary fundraise in January, it has completed a $230m (£171m) secondary placement, led by SoftBank VF2 and introduces Fidelity International, Grosvenor Food and AgTech and Railpen to its share register. Following the recent announcement of a $100m (£74m) primary investment in a fundraise…
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10 FebruarySupply Chain
Retailers cancel £7.1bn in contracts over ethical concerns
UK retailers cancelled £7.1bn in contracts over the last 12 months over concerns about suppliers meeting “stringent” ethical and sustainable standards, new research from Barclays reveals. The latest report from Barclays Corporate Banking, ‘Reshaping retail: how ethics and sustainability are changing retail’s ecosystem’, found that the pandemic and an increasing…
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2 FebruaryClothing & Shoes
Prada appoints two new independent non-executive directors
Prada has announced the appointment of Pamela Culpepper and Anna Maria Rugarli as independent non-executive directors, taking the board up to a total of 11 members. Culpepper and Rugarli were reportedly selected for their professional background in ESG and in accordance with the Diversity Policy of the board of directors. …
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Jan- 2022 -25 JanuarySupermarkets
Tesco agrees partnership with Alcumus
Tesco has partnered with Alcumus, a business aimed at providing software-led management solutions for managing health, safety and ESG. Alcumus said it will provide Tesco with a “fully integrated, digital technology platform that will bring together operational and risk management information, processes and workflows, allowing the growing multinational business to…
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17 JanuaryClothing & Shoes
Burberry signs £300m sustainability linked loan
Burberry has refinanced its Revolving Credit Facility (RCF) to a £300m sustainability linked loan, coordinated by Lloyds Bank. The luxury brand said the facility is linked to the achievement of key ESG targets as part of the company’s ambition to become Climate Positive by 2040. This includes accelerating emissions reductions…
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Oct- 2021 -25 OctoberSupply Chain
UK logistics space falls to ‘record low’, report finds
Logistics and industrial space across the UK has fallen to a “record low”, with demand rising amid the 16.1 sq ft already taken in Q3, according to new data from Cushman and Wakefield. It found that 48.9m sq ft was taken so far this year, with 2021 on track to…
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4 OctoberClothing & Shoes
Boohoo appoints sustainability expert to board
Boohoo has appointed sustainability expert Kirsty Britz to its board as the latest non-executive director, with effect from today (4 October). She will become a member of the audit and risk committees on appointment. The online retail giant said her appointment brings additional expertise to the board, particularly in areas…
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Sep- 2021 -17 SeptemberOnline & Digital
Asos announces plans to meet ESG goals by 2030
Asos has announced the launch of its “fashion with integrity” (FWI) 2030 programme, a plan aimed at ensuring it meets its ESG goals by 2030. The plan includes a commitment to achieve net zero across the full value chain by 2030. The online retailer said the FWI 2030 programme is…
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Aug- 2021 -31 AugustPeople Moves
Abercrombie announces ESG senior VP appointment
Global apparel and accessories retailer Abercrombie and Fitch Co has announced the appointment of Michael Lopez as senior VP for environmental, social, and governance (ESG). In what is a newly created role at the firm, Lopez will be tasked with leading Abercrombie’s sustainability, community giving, inclusion, and diversity initiatives. Lopez…
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