Hugh Radojev

London

News Editor at Retail Week

News editor @RetailWeek

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Articles

Sosandar warns on profits as it shifts away from promotions

1 week ago | retail-week.com | Hugh Radojev

Source: Sosandar Fashion retailer Sosandar has revised down its full-year profit and sales expectations, as it is continuing its “transition away from price promotional activity”. In a trading update for the financial year ended March 31, 2025, the retailer said it expected profit before tax to be “not less than” £500,000, with revenue of £37.2m.
WHSmith sales jump but profits inch down as high street trading drags

1 week ago | retail-week.com | Hugh Radojev

Source: Getty Images/iStock/Whitemay WHSmith reported a jump in revenues but profit before tax inched down in its first financial update since announcing the sale of its flagging high street business. For the six months to February 28, 2025, WHSmith reported a dip in group profit before tax to £45m, down from £46m the previous year. Total group revenues were up 3% to £951m for the period.
Is there opportunity for UK retailers in Trump's tariffs uncertainty?

1 week ago | retail-week.com | Hugh Radojev

While the news been dominated by economic doom and gloom due to US president Donald Trump’s erratic tariffs regime, could there be some opportunity in the uncertainty for UK retail? They say a week is a long time in politics and never has that seemed more applicable than now. The real problem for the global economy, and by extension UK business, has been that it’s been more than two months of long weeks, with no end in sight.
Majestic Wine completes Enotria & Coe acquisition

1 week ago | retail-week.com | Hugh Radojev

Majestic Wine completes Enotria & Coe acquisition By Hugh Radojev2025-04-16T06:31:00 Wine specialist Majestic Wine has completed the acquisition of premium wines and spirits supplier Entoria&Coe. Majestic said the acquisition establishes the former high street chain as the UK’s largest premium wine specialist in retail, wholesale and hospitality.
WHSmith sales jump but profit inches down as high street trading drags

1 week ago | retail-week.com | Hugh Radojev

Source: Getty Images/iStock/Whitemay WHSmith reported a jump in revenues but profit before tax inched down in its first financial update since announcing the sale of its flagging high street business. For the six months to February 28, 2025, WHSmith reported a dip in group profit before tax to £45m, down from £46m the previous year. Total group revenues were up 3% to £951m for the period.
Co-op Wholesale strikes multi-year partnership with Roadchef

2 weeks ago | retail-week.com | Hugh Radojev

Co-op Wholesale strikes multi-year partnership with Roadchef By Hugh Radojev2025-04-14T13:13:00 The Co-op’s newly rebranded wholesale arm has today announced a new, multi-year contract with motorway service area operator Roadchef. The new partnership will bring Co-op’s offering to eight stores across the Roadchef network, previously operated by Spar, as well as a rollout of an extensive range of the c-store specialist’s own-brand products across motorway services across the UK.
Mother’s Day and warm weather help retail sales offset global economic headwinds

2 weeks ago | retail-week.com | Hugh Radojev

Source: Getty Images/E+/Guven Ozdemir Despite ongoing global economic headwinds and strong comparisons year on year, warmer weather and Mother’s Day both helped retail sales over the month of March. Total UK retail sales increased 1.1% year on year in the month of March, compared to a 3.5% jump for the same period in 2024, according to the latest BRC-KPMG retail sales monitor.
Arc’teryx owner acquires outerwear brand Jack Wolfskin

2 weeks ago | retail-week.com | Hugh Radojev

Source: Jack Wolfskin The owner of outdoors brand Arc’teryx, Anta Sports, has snapped up Jack Wolfskin in a £222m deal to acquire it from sports equipment company Topgolf Callaway.
Iceland to double petrol forecourt presence with EG Group tie-up

2 weeks ago | retail-week.com | Hugh Radojev

Iceland to double petrol forecourt presence with EG Group tie-up By Hugh Radojev2025-04-11T12:00:00 Frozen food specialist Iceland will double its forecourt presence through a new partnership with EG on the Move. Iceland stores on forecourts will jump from 11 currently 21 over the coming months, with the frozen food specialist putting a dedicated frozen food range on 10 of those sites.
Arc’teryx owner acquires outerwear brand Jack Wolfskin

2 weeks ago | retail-week.com | Hugh Radojev

The owner of outdoors brand Arc’teryx Anta Sports has snapped up Jack Wolfskin in a £222m deal to acquire it from sports equipment company Topgolf Callaway. The deal, which is due to close in either the second or early third quarter of 2025, will allow for Topgolf Callaway to focus on its core golf business, and will mean Jack Wolfskin will join the Anta Sports brand stable which includes Ac’teryx, and sportswear brands such as Salomon, Wilson and Atomic.