All International articles – Page 37
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NewsFrasers Group unveils loyalty scheme across all brands
Frasers Group chief executive Michael Murray has said the retailer is set to unveil a new membership scheme and flexible payments solution, which he described as the retailer’s version of Amazon Prime.
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NewsSephora London store performing ‘300% better than expected’
The boss of Sephora owner LVMH’s selective retailing division has said its recently opened London store is performing more than 300% better than was predicted.
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NewsShein pledges to put sustainability front and centre of growth ambitions
Shein executive vice chairman Donald Tang says everything the retailer will do over the next decade will be with “sustainability and ESG in mind” as it eyes its next phase of growth.
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NewsGymshark profits decline for first time as operational costs rise
Gymshark posted a fall in profits for the first time despite an increase in revenue for the year ending in July 2022, as the group struggled with increasing operational costs.
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DataRanking: The UK retailers with the biggest international sales
After several years of staying close to home, it’s no surprise that, even with the cost-of-living crisis, more than 60% of Brits are planning an overseas holiday this year – up by 10% on last year, according to research by American Express.
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NewsSupermarkets blame poor weather in Spain for latest availability issues
Some UK supermarket chains have begun rationing the sale of peppers to two per customer, while others have run out completely.
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NewsH&M slashes 150 jobs as it merges Monki and Weekday brands
H&M Group has announced the closure of its Monki head office in Gothenburg, Sweden, “regrettably” cutting around 150 jobs within the business as it confirms the merger of its Monki and Weekday brands.
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NewsIkea to make ‘biggest ever’ investment in US expansion
Ikea owner Ingka Group is to make its biggest ever investment in stores and fulfilment in the United States.
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NewsCarl Cowling banks on bumper summer to keep WHSmith travelling in right direction
WHSmith chief executive Carl Cowling has said the retailer is positioning its travel brand as a “one-stop shop for travel essentials” after reporting a surge in profit and revenue.
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NewsMulberry credits ‘improvement’ in revenue to UK and China performance
Mulberry has reported full-year trading “in line with expectations” with group revenue “slightly ahead of last year”, according to the fashion retailer.
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NewsWHSmith profits and revenues soar as travel division powers growth
WHSmith has posted a surge in profits and revenue in its first half as “strong momentum” continued across its UK and international travel business.
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NewsUrban Outfitters unveils bricks-and-mortar expansion plans
Urban Outfitters has confirmed its plans to continue expanding its bricks-and-mortar offering with the opening of three new stores this year.
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AnalysisStrategy spotlight: How Flying Tiger Copenhagen is succeeding despite cost-of-living crisis
Despite operating in an extremely discretionary market during an unprecedented cost-of-living crisis, specialist retailer Flying Tiger Copenhagen continues to succeed. What makes it stand out from the field, and what’s next for the Danish brand?
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NewsNatura to focus on The Body Shop as it sells Aesop
Cosmetics giant Natura &Co is to focus on building The Body Shop after selling luxury brand Aesop.
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NewsIkea’s property arm buys Parisian shopping centre to expand Livat format
Ikea’s property arm Ingka Centres has confirmed its acquisition of the Italie Deux shopping centre in Paris from retail property giant Hammerson, as well as its high-street extension Italik and the Apollo office complex.
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NewsOcado triumphs in High Court patents dispute
Ocado has seen off claims from an international rival that alleged it had stolen several of its technological inventions.
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NewsH&M group sales grow as it hails strong margins
H&M Group reported a strong performance in the first quarter of 2022, with operating profits of SEK 725m (£56.5m) and operating margins of 1.3%.
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AnalysisLord Wolfson poses ‘the big question’ for Next’s long-term future
Next chief executive Lord Wolfson this week asked the provocative question of whether the business should now be seen as mature or if it still has strong growth prospects. Here are the takeaways from the bellwether retailer’s full-year results
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AnalysisCan Chinese retailer Miniso overcome its controversial past as it eyes rapid UK expansion?
In stark contrast to its motto “Life is for Fun”, Miniso has been involved in more controversies than the number of years it has been operational. From abandoning its Chinese heritage to allegedly faking its business model, Retail Week takes a closer look at the brand ahead of its expansion plans in the UK
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NewsSuperdry sells Asia-Pacific IP for $50m in growth push
Superdry has sold its Asia-Pacific intellectual property assets with the hopes of expanding its global reach while generating much-needed cash.