
Clothing spend rose last month but the UK retail sector remains on a knife-edge with consumer confidence weak and supply chain issues a big worry, the monthly Barclaycard and BRC reports showed on Tuesday.
65 published items with the word (s) or phrase UK retail sector in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Clothing spend rose last month but the UK retail sector remains on a knife-edge with consumer confidence weak and supply chain issues a big worry, the monthly Barclaycard and BRC reports showed on Tuesday.
The company seen as the frontrunner to win the Topshop auction surprised observers late on Thursday as it emerged Next had pulled out of bidding for the most valuable name in the Arcadia basket of brands.
On what should have been a ‘normal’ day in the UK retail sector, John Lewis became latest company to announce negative news with the prospect of store closures and job cuts ahead.
Monsoon Accessorize had some cheerful news this week as it could be retaining 57 more stores than expected. A larger number of landlords than predicted have agreed to base rent deals on turnover.
Joules has announced the successful completion of a share placing with nearly 19 million new ordinary shares having been placed. It raised £15 million in gross proceeds.
One of the winning names in the tough UK retail sector at present could soon be up for sale with the owner of Reiss reportedly mulling such a move.
The Jigsaw-owned luxury multi-brand store The Shop at Bluebird is to close on Sunday, a further sign of the challenges in the UK retail sector at present.
Watches of Switzerland continues to prosper and on Tuesday reported surging profits and revenues, saying that the market for luxury watches in the UK and the US remains robust.
Administrators to Mothercare UK will begin a phased closure of all 79 UK stores after years of losses and several restructuring efforts. The international business will continue trading as normal.
As retailers continue to dive deep into the so-called golden quarter, their customers around the world are looking to them for inspiration with as many as 47% of shoppers globally needing some help deciding what to buy.