All International articles – Page 269
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News
Analysis: Inditex’s Euro strongholds give it the edge over H&M
Fashion giants Inditex and H&M reported solid results last week, but as the global downturn continues to deepen both retailers need to remain at the top of their game. While both are formidable players, some argue that H&M faces more challenges than its rival Inditex.The Spanish giant – owner of ...
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News
International news
US Health and beauty giant Walgreens reported net earnings for the second quarter ending February 28 down 6.7 per cent to $640m (£450.5m). Total sales increased 7 per cent to $16.5bn (£11.6bn), while comparable store sales rose 1.3 per cent.Prescription sales, which accounted for 63 per cent of the total, ...
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NewsRiver Island to retreat from Turkish market
River Island is quitting the Turkish market because of the challenges of doing business in the country.
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NewsHollister to press ahead with Continental push
Abercrombie & Fitch sister brand Hollister is to defy the economic slowdown as it forges ahead with a Continental European roll-out.
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Opinion
Property comment: Recession? What recession?
You could be forgiven for thinking that there’s not much to be optimistic about in UK retail at the moment. But maybe the foreign retailers still flooding into the UK have seen something we haven’t?
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AnalysisHandy Men: Kingfisher assembles international management
As Kingfisher boss Ian Cheshire builds his top team of international managers, the question is how successful will they be in reviving the retailer’s fortunes? Nicola Harrison reports.
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Opinion
All aboard the global express
Mass and niche brands alike can make the most of the opportunity the world stage presents
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AnalysisExpect the unexpected
The continued arrival of new stores and retail formats is proof that while the Celtic Tiger may not be as fierce as it was, it still has considerable bite in these straitened times. John Ryan reports
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AnalysisIrish charm
A friendly business culture and a free rein have made Rhys Iley’s directorship of Boots Ireland a refreshing change. He tells Charlotte Dennis-Jones what’s different on the Emerald Isle
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NewsGerman discounter merger in danger as regulator acts
The German grocery regulator could block a landmark merger that would shake up the discount grocery market in the country.
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AnalysisCentre Forward: the Irish Midlands’ economic boom
A new shopping development is set to revolutionise the retail map of the Irish Midlands – a former backwater that’s now experiencing an economic boom. David Thame reports
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News
Esprit profit hits £142m
International fashion group Esprit reported full-year net profit of HK$2 billion (£142 million) on turnover of HK$16.4 billion (£1.17 billion).
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News
Nike signs for Budapest
Nike has agreed a pre-let at Miller Developments and Raiffeisen Ingatalan’s Budapest Factory Outlet Center. Nike will be taking 7,530 sq ft (700 sq m) on a 10-year lease at £100,000 a year. The mall, situated west of Budapest, is on schedule for completion in October and has already secured ...
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News
US corporate governance rules ‘offend’ retail chiefs
Top US retail executives have slammed an increasing corporate governance burden as a ‘lawyers’ charter’.
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News
Ishop execs sued
Three executives of start-up online shopping mall IshopNoMarkup.com are being sued by the US Securities and Exchange Commission. They are accused of having misled investors about business prospects to raise money.
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News
Gary Muto to head Gap spin-off
Gap brand president Gary Muto is to head development of the retailer’s proposed unnamed chain, which will target women aged over 35. A replacement for Muto is being sought.
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News
Wal-Mart mulls Russia
Wal-Mart, the world’s biggest retailer, is understood to be assessing the potential of the Russian market. According to press reports, Wal-Mart may be ready to open a shop there as early as next year.
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News
Kesko appoints chief
Kesko, Finland’s biggest retailer, has named its head of hardware Matti Halmesmaki as its new chief executive.
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News
Borders and Limited Brands look overseas
Medium-sized US retailers are turning up the heat on international ambitions, despite the apparent reluctance of US retail giants to take the plunge. At the Goldman Sachs conference in New York last week, Limited Brands - which owns Victoria’s Secret among other labels - and books specialist Borders flagged ...