All articles by Caoimhe Gordon – Page 12
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NewsAdidas increases full-year outlook as pandemic recovery kicks off
Adidas has raised its full-year outlook as revenues in the EMEA and North American markets almost doubled in the brand’s second quarter following a challenging pandemic period.
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NewsData: ‘Pingdemic’ hits footfall after short-lived ‘freedom day’ boost
Footfall over the month of July was down compared with June due to changeable weather conditions and an increase in the number of people being told to self-isolate.
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NewsSweaty Betty acquired by US firm Wolverine in $410m deal
Sweaty Betty has been purchased by US footwear manufacturer Wolverine Worldwide and will join the company’s portfolio of footwear and lifestyle brands, including Hush Puppies and Keds.
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GalleryStore gallery: Nike places community at heart of King’s Road store
The opening of the Nike by King’s Road store ushers in a new era of Nike shops in the UK. The store forms part of the brand’s Nike Live concept, a smaller-format location focused on digital elements, localisation and rewarding its members.
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NewsAlibaba revenues fall short of estimates as further regulatory crackdown looms
Alibaba reported an increase in sales but a fall in income as annual active consumers across the world reached over 1 billion for the first time.
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GalleryStore gallery: War Paint for Men highlights wellness with first London store
Beauty and wellness brand War Paint for Men has opened the world’s first men’s makeup store on London’s Carnaby Street, taking its journey to remove the stigma around the category to a permanent location.
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DataData: Shop vacancies ‘at highest rate ever recorded’ as uncertainty lingers
The overall store vacancy rate across the UK increased in the second quarter of 2021 despite the lifting of coronavirus restrictions as retailers continued to struggle with the ongoing uncertainty.
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NewsGareth Jones named chair of jewellery pureplay Abbott Lyon
Former group CEO of MuscleFood and Shop Direct executive Gareth Jones is joining personalised jewellery company Abbott Lyon as chair.
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NewsMusic Magpie profits and sales soar following float
Music Magpie has reported strong growth in profits and sales following its recent float on London’s junior market, with chief executive Steve Oliver hailing a “landmark period” for the retailer.
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DataData: Retail prices remain low amid ongoing economic uncertainty
Shop prices fell at a faster rate in July than in June as supermarkets kept prices low to entice customers away from competitors.
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AnalysisApps, personalisation and UX: How Moonpig and In The Style are powering growth
As Moonpig and In The Style publish stellar results for the past year, Retail Week explores what other retailers could learn from their digital strategies.
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AnalysisThe Boardroom Briefing: How to create a robust D&I strategy
The Boardroom Briefing dissects the big issues on the agenda and gives a concise summary of what the c-suite needs to know. This month we look at how to create a D&I strategy that’s fit for purpose and will meet the needs of employees, customers and investors alike.
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NewsNetflix to diversify further with first retail store opening
Netflix plans to open its first permanent store in Tokyo in 2022, following the introduction of its online merchandise store last month.
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NewsSephora acquires online beauty retailer Feelunique as ‘first step’ into UK
Sephora has acquired online beauty company Feelunique, which chief executive Martin Brok hailed as the “first step for Sephora’s presence” in the UK.
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DataData: Consumer confidence edges ahead of pre-pandemic levels
Consumer confidence increased in July as the easing of restrictions and pent-up demand led to an increase in spending.
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GalleryStore gallery: TikTok moves offline with experiential shopping centre pop-up
Video sharing platform TikTok has made a huge splash online. Now, with the opening of the UK’s first-ever TikTok pop-up, it could also make a big impact IRL.
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NewsTheo Paphitis’ Ryman appoints new boss to ramp up digital prowess
Stationery and office supplies retailer Ryman has hired former Staples executive Peter Birks as its new chief executive.
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DataData: Must-see Next graphs reveal sales powered by weather and staycations
After stronger than expected trading, fashion and home giant Next has upped profit expectations. Data provided by the retailer showed the categories and factors that shaped consumer behaviour and powered the strong performance.
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NewsExclusive: Notonthehighstreet exec leaves to join private equity firm
Ella d’Amato has left her role as the chief commercial and marketing officer at online marketplace Notonthehighstreet to join consumer-focused investment and innovation firm True.
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DataData: Retail footfall set to soar as long-awaited ‘freedom day’ dawns
The removal of the remaining coronavirus restrictions in England is expected to have an immediate impact on consumer footfall and spending.