Sustainability
This coverage examines sustainability initiatives and challenges within the UK retail sector. Reporting highlights environmental strategies, supply chain improvements, energy efficiency, packaging innovation, and leadership commitments aimed at reducing impact and meeting regulatory expectations. Tailored for executives and managers, it provides insights to support sustainable decision-making and long-term planning.
-
Feb- 2025 -24 FebruaryDIY
Mango Home to open first standalone store
Mango Home has announced the opening of its first stand-alone store, located at 586 Avenida Diagonal in Barcelona. With a selling space of nearly 400 m², the new space will open its doors in early April. The arrival of this store marks a milestone in the growth strategy of Mango…
Read More » -
18 FebruaryNews-In-Brief
Today’s news in brief-18/2/25
Shein has maintained strong growth despite recent challenges, including the US removing duty-free status for low-value ecommerce packages from China and increasing tariffs. Executive chairman Donald Tang reassured investors in a letter, emphasizing the company’s ability to offer affordable fashion and lifestyle products. Tang also expressed support for de minimis…
Read More » -
18 FebruaryClothing & Shoes
Regatta Group sales grow by 6% in 2024
Regatta Group, home to some of Britain’s most recognised outdoor brands, has reported a 6% YoY growth in sales in 2024, selling 23 million products across its portfolio. The family-owned collective of leading brands includes high-street outdoor brand Regatta Great Outdoors, mountain and snow brand Dare 2b, sustainable-outdoor adventure brand…
Read More » -
18 FebruaryPeople Moves
Tesco appoints new wine product development manager
Tesco has announced that Beth Kelly, a Master of Wine (MW), has joined the supermarket’s wine team as wine product development manager. Previously a buying manager at Majestic Wine, Kelly will be responsible for France and South Africa across both still and sparkling wines. With over 20 years of experience in…
Read More » -
12 FebruaryClothing & Shoes
Gucci sales slump drags down Kering FY performance
Kering, which owns brands such Gucci, Yves Saint Laurent and Bottega Veneta, has reported a 29% drop in EBITDA to €4.6bn (£3.8bn) and a 12% decrease in revenues to €17.2bn (£14.3bn) in the year to 31 December 2024. Recurring operating income totalled €2.6bn (£2.17bn) in 2024, down 46% from the…
Read More » -
Jan- 2025 -31 JanuaryNews-In-Brief
Today’s news in brief-31/1/25
Homebase, the DIY retailer that collapsed into administration in November 2024, owes more than £650m to unsecured creditors, including suppliers AO World, Halfords, and The Hut. Administrator Teneo reported total unsecured claims of £657m, with £100m owed to trade creditors. Major debts include £2.9m to Close Brothers for till systems,…
Read More » -
31 JanuaryPeople Moves
THG appoints Milyae Park independent non-executive director
THG has announced the appointment of Milyae Park as an independent non-executive director with immediate effect. Park joins THG following a long and successful career in digital and ecommerce transformation at FTSE 100 and FTSE 250 companies including Tesco and Marks and Spencer. Since launching a portfolio career in 2019,…
Read More » -
29 JanuaryAdvice
From classroom to commerce: How Alok Ruia reinvented SockShop
Alok Ruia, Director of SockShop, did not initially set out to join the family business. The Ruia Group, founded by his father and uncles in the 1950s, started as a textile importing business in Manchester, supplying raw cloth to UK manufacturers. “It’s a family business to this day,” Ruia explains,…
Read More » -
29 JanuaryAdvice
Makeke: The app helping independent retailers take on ecommerce giants
Jenniffer Gearheart-Tang, co-founder and CEO of Makeke, has always had an entrepreneurial streak. With a career spanning marketing, executive recruitment, and corporate innovation, she has consistently sought to bring disruptive ideas to market. Together with her husband, Drake Gearheart, Makeke’s Head of Product & Scalability, the duo have built a…
Read More » -
27 JanuaryNews-In-Brief
Today’s news in brief-27/1/25
WH Smith is exploring the sale of its high street arm to focus on its global Travel business, which now contributes 75% of revenue and 85% of profits. The potential sale, managed by bankers at Greenhill, comes amid a 9% decline in high street profits to £39m, although group revenue…
Read More »
