All International articles – Page 21
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NewsUnder Armour ‘on track’ for full year despite sales dip
Sportswear retailer Under Armour has said it delivered better than expected profitability and remains “on track” for the full year, despite a decline in sales in its third quarter.
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Retail VoiceDiscover the top trends on grocery shoppers’ lists
From subscriptions to seamless checkouts, Worldpay’s Pinar Koygun takes a look at what is ticking grocery shoppers’ boxes.
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NewsPrimark unveils new US stores and warehouse as it ramps up expansion
Value fashion giant Primark has announced the opening of a new Florida-based distribution centre and four new stores in the US as it ramps up its international expansion.
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NewsSephora launches global branding as it seeks to ‘reinvent’ beauty industry
French beauty giant, Sephora is adopting a global brand signature as it looks to shape ”the prestige beauty industry” and ”reinvent the codes of beauty.”
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NewsExclusive: Asos and Boohoo turn to nearshoring as Red Sea crisis intensifies
Asos and Boohoo are relying on nearshoring their supply chains to navigate the ongoing challenges of attacks on container ships in the Red Sea.
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NewsL’Oréal orders staff to return to office
Global cosmetics giant L’Oréal has ordered its staff to return to the office for at least two Fridays every month as it tightens remote working policies, The Times has reported.
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NewsAmazon profits surge after strong Christmas and growth in AWS
Amazon posted surging profits and sales that exceeded expectations on Wall Street off the back of strong festive trading and growth in its cloud computing arm.
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NewsFanatics appoints international president in newly created role
Fanatics, the pureplay sports retailer that specialises in licensed merchandise, has appointed Stephen Dowling to a newly created international president role.
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NewsLVMH profits and sales grow in ‘another historic year’ for Sephora
Luxury goods conglomerate LVMH reported a surge in sales and profits as beauty giant Sephora delivered an “exceptional performance” for the full year 2023.
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NewsUK fruit and veg prices set to rocket this spring
The price of fruit and vegetables in the UK is predicted to rise when new post-Brexit import controls are introduced in the spring.
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InterviewQ&A: By Rotation founder Eshita Kabra on transforming fashion consumption
As fashion-conscious shoppers increasingly opt to rent clothing, By Rotation founder and chief executive Eshita Kabra talks to Retail Week about the platform’s unique business model and the importance of fostering a considered and inclusive rental community for the future
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NewsIkea slashes global carbon footprint as revenues surge
Ingka Group, the largest of Ikea’s retail brands, has slashed its carbon emissions by 12.7% year on year while delivering a 30.9% increase in revenue for the same period.
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NewsMarks & Spencer names new digital and international bosses
Marks & Spencer has appointed two executive directors to lead its digital and overseas operations.
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NewsBirkenstock warns on profits despite ‘most successful’ year to date
German footwear retailer Birkenstock has warned that 2024 EBITDA margins are expected to see a “modest headwind” due to increased costs, despite posting booming sales and profits in its “most successful” year to date.
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NewsLogistics giant Wincanton to go private in £560m mega deal
Wincanton is set to be snapped up by French shipping giant CMA CGM and delisted from the London Stock Exchange in a deal worth over £560m.
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NewsJD Sports completes Polish acquisition
JD Sports has completed the acquisition of Poland-based footwear and clothing company Marketing Investment Group (MIG) as it strengthens its foothold in Central and Eastern Europe.
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NewsPepco delivers record revenues as it warns on Red Sea disruption
Pepco Group, which owns Poundland in the UK and the Pepco and Dealz brands in Europe, has posted record first-quarter group revenues.
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InterviewWoolworth boss Roman Heini has UK return 'on bucket list'
CEO Roman Heini is leading the expansion of Woolworth Germany at home and abroad, and says Britain is on his bucket list of destinations.
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AnalysisRed Sea: What’s the situation and how are retailers mitigating the impact?
As the tensions in the Red Sea continue to escalate, Retail Week looks at how retailers are dealing with supply chain disruptions and the options on the table to mitigate potential price rises and availability issues.
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NewsMulberry sales decline as UK VAT hits luxury sector
Luxury fashion retailer Mulberry has posted a fall in sales which the group said was impacted by a “challenging macroeconomic backdrop” and a decline in luxury consumer spending.