All Europe articles – Page 5
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NewsKingfisher issues profit warning as French market struggles
DIY giant Kingfisher has lowered its full-year profit guidance, saying that market trends in France have been “weaker than expected”.
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NewsScS welcomes £99m takeover bid from Italian sofa retailer
ScS has agreed to a £99.4m approach from Italian sofa retailer Poltronesofà.
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AnalysisHow Frasers aims to be a European retail champion with German deal
As Frasers sets out to build its presence in Europe, it has struck a deal to acquire SportScheck, one of the leading sports retailers in Germany. Retail Week examines the significance of the move and finds out how Frasers’ overseas sports division compares to rival JD Sports
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NewsFrasers acquires German sportswear retailer
Frasers Group has entered a binding agreement to acquire German sports retailer SportScheck as it looks to “grow its presence in Germany, one of the biggest sports markets in Europe.”
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NewsJD Sports given go-ahead to complete ISRG acquisition
JD Sports shareholders have unanimously approved a proposal to buy out the minority shareholders in Iberian Sports Retail Group (ISRG) as the brand strengthens its foothold in western Europe.
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NewsAlibaba investigated over ‘possible espionage’ at logistics hub
The Chinese tech and retail giant Alibaba is being investigated by the authorities in Belgium over possible charges of espionage.
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NewsJD Sports CEO Régis Schultz: ‘If you do a good job, you get good results’
After JD Sports posted double-digit profit growth in the first half of the year, in line with expectations to hit the £1bn profit mark for the first time, Retail Week finds out what has made the business more successful than others in its space
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NewsZalando launches ‘visual-first’ content platform with Highsnobiety
Online fashion giant Zalando has launched a new “immersive visual-first” fashion experience, Stories, in partnership with fashion media brand Highsnobiety.
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InterviewQ&A: Shopify directors on leveraging AI and creating new products
Shopify’s managing director for Europe, Middle East and Africa Deann Evans and director of product Miqdad Jaffer speak to Retail Week about the marketplace’s AI offering, its new suite of products and always adapting to the retail market
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GalleryInside football club Paris Saint-Germain’s first UK store
French football club Paris Saint-Germain (PSG) has opened the doors to its first store in the UK as it aims to develop “a permanent retail network in the world’s biggest cities” to reach global fans.
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NewsMotatos exits the UK after one year
Online discount grocer Motatos has closed its UK store with immediate effect after launching in the country just over a year ago.
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NewsCurrys posts dip in revenue as profit guidance remains ‘unchanged’
Currys has posted a decline in group revenue for the 17 weeks ending August 26, 2023, but has made no changes to its profit guidance for the year.
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NewsExclusive: Pepco launches in Bosnia and Herzegovina
Pepco Group is pushing further into Europe by opening its first store in Bosnia and Herzegovina, Retail Week can reveal.
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GalleryReserved resumes UK expansion with new store concept
Polish fashion retailer Reserved has opened its newest store at London’s Westfield Stratford City as it continues to ramp up its UK and European expansion plans.
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AnalysisFour of the biggest innovations coming out of global retail
Published today, The Global Innovation Report takes a detailed look at retailers and brands spanning 18 international markets for inspiration on new thinking, technology and partnerships to drive a path forward. Here we highlight four significant innovations
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NewsGetir to cut 10% of global workforce to increase efficiency
Turkish ultra-fast delivery firm Getir will be cutting around 10% of its workforce as it plans to “restructure the global organisation to significantly increase operational efficiency”.
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NewsJD Sports takes full ownership of Poland’s MIG
JD Sports has entered “a conditional agreement to acquire the outstanding 40% minority stake” of Marketing Investment Group (MIG) making it the 100% sole owner of the Poland-based footwear and clothing company.
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NewsAlibaba expands into Europe with commerce network partnership
Alibaba’s Spanish marketplace Miravia has partnered with ecommerce network for global retailers and brands CommerceHub to power its European expansion.
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AnalysisStrategy spotlight: Five ways Zara owner Inditex can remain on top
Inditex saw group profits surge in its latest quarter, with pre-tax profit margins rising from 14.7% to 19.8% and group EBITDA jumping 14% to €2.2bn (£1.89bn) for the three months to April 30, 2023 (2023/24)
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NewsPepco revenue rises despite ‘challenging trading environment’
Pepco has reported a growth in revenue despite facing a “challenging trading environment” in April and May across central Europe.