Tariffs
This coverage examines the impact of tariffs on the UK retail sector, with analysis of trade policies, import duties, and their implications for supply chains, pricing strategies, and profitability. Reporting addresses changes in international trade agreements, disputes, and government measures, helping retail executives and managers navigate cost pressures, adapt sourcing decisions, and mitigate risks associated with evolving tariff regimes.
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Jul- 2025 -23 JulyDIY
Portmeirion H1 sales rise 1.3% to £37.1m despite US tariffs
Homeware retailer Portmeirion Group has reported a sales rise of 1.3% to £37.1m in the six months to 30 June, thanks to a rebound in South Korea and strong international demand despite disruption in the US, its largest market. The group, which operates brands Spode, Portmeirion, Royal Worcester, Nambé, Pimpernel…
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21 JulyHigh Street
UK profit warnings jump 20% in Q2 as retailers feel the strain
Profit warnings issued by UK-listed companies rose by 20% in the second quarter of 2025, as policy and geopolitical uncertainty weighed on business confidence, according to new figures from consultancy EY-Parthenon. Companies issued 59 warnings between April and June, up from 49 in the same period last year. Nearly half…
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14 JulyHigh Street
Claire’s drafts rescue plan as it faces UK store closures
Jewellery and accessories retailer Claire’s has reportedly brought in advisers to draw up a rescue plan amid fears it may be unable to repay a $480m (£355m) loan that is due in December 2026, according to The Telegraph. The company, which operates nearly 300 shops in the UK and more…
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8 JulyClothing & Shoes
Shein files for Hong Kong IPO
Shein has reportedly filed for an initial public offering (IPO) in Hong Kong after facing continued setbacks in its plans to list on the London Stock Exchange, according to The Financial Times. The Singapore-based online retailer is said to have privately submitted a draft prospectus last week to the Hong…
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3 JulyLuxury Goods
Watches of Switzerland revenues surge to £1.6bn in FY25
Watches of Switzerland group has reported an 8% increase in revenues to £1.6bn for the 52 weeks ended 27 April 2025, as its US business surpassed $1bn (£780m) in annual revenue for the first time. US revenues rose 16%, driven by the acquisition of Roberto Coin Inc, while UK revenues…
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Jun- 2025 -27 JuneSport & Leisure
Nike posts lowest sales in years as it warns of $1bn tariff hit
Nike has seen fourth quarter revenues fall by 11% to $11.1bn (£8.08bn), its lowest sales figure since Q3 in 2022, as it warned that Trump’s tariffs could cost it an extra $1bn (£730m). In its final quarter, the sportswear retailer also saw net income plunge 86% to $211m (£530.6m). In…
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25 JuneHealth & Beauty
THG returns to growth in Q2 as nutrition sales rise
Health and beauty retailer THG has reported that trading in the second quarter has been “much improved” across both Beauty and Nutrition, with the categories returning to revenue growth. The Nutrition category is experiencing positive momentum, according to THG, with the second quarter of 2025 seeing revenue growth projected to…
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20 JuneEconomy
Young adults lift UK consumer confidence despite economic concerns
Consumer confidence in the UK rose modestly in June, buoyed by optimism among younger age groups despite continuing concerns over inflation and global instability, according to new data from GfK. The research firm’s long-running Consumer Confidence Index increased by two points to -18, with improvements in views of the wider…
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10 JuneHigh Street
Cadogan profits rise amid continued investment in Chelsea estate
Cadogan has reported a 16.6% increase in operating profit, supported by sustained demand across its portfolio and progress on environmental and community goals. Total income rose 11.8% to £241.4m in 2024, up from £216m the previous year. The value of its property portfolio grew 1.3% to £5.7bn. The estate also…
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May- 2025 -15 MayEconomy
UK economy grows by more than expected 0.7% in Q1
The UK economy performed better than expected in the first quarter of the year, with GDP growing by 0.7% between January and March, following a 0.1% rise the prior quarter. This was ahead of analysts’ expectations, who had forecast a growth of 0.6% for the period. According to the Office…
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