All International articles – Page 34
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NewsShein faces backlash over supply chain working conditions
Working conditions at Chinese fast-fashion giant Shein are under scrutiny after an investigation found evidence that people in its supply chain are working 18-hour days for as little as 3p an hour.
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NewsUS grocery giant Kroger in talks to buy rival Albertsons
America’s largest supermarket operator Kroger is in talks to buy rival Albertsons, with a deal expected to be announced as soon as early as today.
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NewsDiscounter Pepco targets new store openings as customers fly to value
Poundland owner Pepco has said it will accelerate its new store opening programme as demand for its offering increases amid global economic uncertainty.
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NewsYoox Net-A-Porter turns to an interim CEO as Lefebvre departs
Luxury fashion retailer Yoox Net-A-Porter has named Alison Loehnis as its interim chief executive, after the departure of long-standing boss Geoffroy Lefebvre.
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AnalysisMake, take and waste: How can fashion retailers tackle their old clothes pile-up?
Unwanted clothing is gathering up in toxic waste sites, clogging waterways and smouldering in burn piles across the global south. What are fashion retailers doing about it?
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Opinion‘Act against consensus and find managers who think like owners’
At a time of massive economic upheaval, history brings a sense of perspective, believes True founder and executive chair Matt Truman
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NewsH&M blames closure of Russian business for 'significantly' affecting sales and profits
H&M has blamed the pause and eventual winding-down of its Russian business for a significant drop in revenues and profits.
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AnalysisAnalysis: ‘It’s tough out there’ – how Boohoo plans to confront the cost-of-living crisis
Despite being one of the standout performers during the pandemic, Boohoo has shown it’s not immune to mounting inflationary pressures. How do its bosses plan to turn the fast-fashion giant around?
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AnalysisAnalysis: What are the implications for retail as sterling takes a pounding?
The new government’s mini-budget last week proved to be anything but. Indeed, it was so dramatic that it has spooked financial markets and sent the pound to record lows against the dollar.
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NewsRetail welcomes return of tax-free shopping despite bitter rates disappointment
Representatives of the sector have welcomed the reinstatement of tax-free shopping for tourists as a boost for UK retail’s competitiveness in a bleak economic climate.
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Opinion‘Even wealthy consumers may reach a tipping point where prices are too high’
Careful management is needed or luxury retail – often insulated from the effects of downturns – may not emerge unscathed from the impending recession, warns Alvarez & Marsal’s Erin Brookes
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AnalysisStrategy spotlight: Five things to know about Currys as it transforms to navigate the cost-of-living crisis
Chief executive Alex Baldock is pushing ahead with a transformation plan for Currys, which focuses on leveraging omnichannel and credit, and more recently addresses inflation and the rising cost of living.
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NewsInditex sales reach ‘historic high’ as it expands store estate worldwide
Inditex, the owner of brands including Zara, has registered record sales with positive numbers across all countries in which it operates.
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NewsDiscount grocery start-up Motatos raises £33m for UK expansion
Sweden-based discount ecommerce grocer Motatos has raised £33m in its latest round of seed funding with plans to expand its operations in the UK and Germany.
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NewsEG Group profits slump as cost of living and inflation take their toll
EG Group profits for the second quarter slumped, despite surging sales, as the cost-of-living crisis and inflationary environment took their toll.
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GalleryIn pictures: Great food halls from around the world
As Selfridges’ new owners formally take the keys to the legendary department store business, one of their priorities is to modernise the food hall at the Oxford Street flagship.
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AnalysisData: JD Sports vs Frasers Group – two sports retail titans square up
The rivalry between JD Sports and Frasers Group – formerly Sports Direct – is one of the longest-running in UK retail. Now with fresh blood at the helm of both empires and expansion plans on the horizon, which is best placed to take the lead?
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NewsFarfetch to buy stake in Yoox-Net-a-Porter from Richemont
Farfetch has snapped up a large stake in Yoox Net-a-Porter as owner Richemont right-sizes its assets
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AnalysisAnalysis: Five things you need to know about beauty B Corp Natura
The Body Shop’s parent company Natura &Co has been through a tumultuous few years since it acquired Avon in 2020
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NewsSelfridges’ new owners unveil omnichannel ambitions as £4bn deal completes
The new owners of Selfridges intend to create “the world’s leading luxury omnichannel platform” following the completion of the takeover, understood to be valued at £4bn.