All International articles – Page 31
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NewsAuthentic Brands Group secures multimillion-dollar funding
Authentic Brands Group, which owns retailers including Reebok, Ted Baker and Hunter, has secured a $500m (£395.6m) primary follow-on investment from its current investor General Atlantic.
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NewsWHSmith will not open any more high street stores
WHSmith will not open any more high street stores as it focuses instead on its growing travel arm.
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AnalysisStrategy spotlight: Five ways Fast Retailing is driving growth
While it is still only half the size of Inditex in terms of total sales, Uniqlo’s Japanese parent company Fast Retailing is intent on closing the gap with the world’s two largest clothing retailers, H&M in second place and the Spanish giant firmly in the top slot
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NewsH&M beats profit forecast in good start to summer
H&M has reported stronger-than-expected profits and said its third-quarter sales were off to a good start.
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NewsMulberry sales and revenue rise as it ‘delivers strategic objectives’
Mulberry has recorded a rise in international sales and revenue as it builds on delivering “strategic objectives” despite “macroeconomic uncertainty”.
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NewsAlibaba CEO steps down to focus on brand’s cloud business
Alibaba chief executive and chairman Daniel Zhang will step down later this year to focus on the retail giant’s cloud business.
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NewsKurt Geiger secures new funding to drive global growth
Luxury footwear and accessories retailer Kurt Geiger has secured fresh funding in a bid to “refinance its existing debt” and support its international growth plans.
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NewsCurrys launches strategic review of Greek business
Electricals retailer Currys has begun a strategic review of its Greek division, Kotsovolos, which could lead to a sale.
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NewsHugo Boss ups sales target and confirms global expansion plans
Luxury fashion group Hugo Boss has increased its 2025 sales target to €5bn (£4.2bn) and confirmed plans to “expand its global footprint” in its latest strategy update.
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NewsNobody’s Child embarks on US expansion with Europe and Middle East to follow
Nobody’s Child has unveiled its expansion into the US through the launch of online partnerships with fashion brands Anthropologie and Nordstrom, as its European and Middle Eastern expansion plans “are also imminent”.
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NewsZara owner Inditex profits and sales continue to thrive
Spanish fashion giant Inditex posted an increase in profits and sales in its first quarter, which it credits to a positive performance across “all geographical locations” and its spring/summer collections resonating with shoppers.
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NewsExclusive: Fat Face expands into Canada with three new stores
Fashion retailer Fat Face has made its Canada debut with the opening of three new stores and six more planned for later this year, Retail Week can reveal.
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NewsAuthentic Brands Group adds Hunter to portfolio
US private equity-backed Authentic Brands Group, which owns Reebok and Ted Baker, has completed the acquisition of Wellington boot brand Hunter.
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AnalysisStrategy spotlight: Five ways Frasers Group aims to elevate its proposition
In 2021/22, Frasers Group’s total sales climbed 32.5% to £4.8bn for the 52 weeks to 24 April, 2022, and it recorded pre-tax profits of £335.6m.
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AnalysisFanatics boss outlines goal-scoring tactics in Europe having conquered the US
Fanatics is a celebrated name among sports fans around the world. Licensed merchandise, collectibles, betting and online gaming – the business does it all, with a reach of 100 million global sports fans in more than 180 countries
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NewsToys R Us returns to UK high streets with WHSmith tie-up
WHSmith is set to bring Toys R Us back to the UK in bricks and mortar this summer, opening nine shop-in-shops across the country.
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NewsWHSmith improves profit expectations as momentum continues across travel
WHSmith has further improved its expectations for the full financial year as travel continues to perform well ahead of peak trading season.
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NewsExclusive: Pets at Home boss ‘wouldn’t rule out’ international expansion
Pets Away? Once “the world’s best pet care platform” is operational, the boss of Pets at Home says she wouldn’t rule out taking things international.
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NewsAbercrombie & Fitch raises profit guidance as it delivers strong sales
Abercrombie & Fitch has increased its profit guidance after achieving ‘decade-high’ first-quarter sales.
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AnalysisTemu: The value-led ecommerce app with Shein and Amazon in its sights
Chinese-owned marketplace Temu has taken the ecommerce world by storm since launching last year but what do we know about the platform? As Temu finds its feet in the UK, Retail Week explores how it has been achieving rapid global growth