More on Me + Em – Page 214
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AnalysisLast Christmas: What can the festive period tell us about the retail year to come?
With another golden quarter over, Retail Week unpicks the key trends surrounding Christmas 2023 and looks at what they might mean for the year ahead
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NewsExclusive: Women account for one in three new retail CEOs
The percentage of new chief executives appointed in the UK last year who were women reached its highest level at 35%.
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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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NewsExclusive: Matalan faces stock issues due to Red Sea shipping attacks
Fashion retailer Matalan is battling stock issues as a result of the attacks on container ships in the Red Sea, Retail Week can reveal.
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NewsLidl to invest £70m to support British veg farmers
Discount supermarket Lidl has revealed plans to invest £70m in long-term contracts as part of its commitment to support British vegetable farmers.
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NewsFarfetch investors worried over ‘value destruction’ from Coupang takeover
A group of investors behind Farfetch are concerned over the “value destruction” as a result of Coupang’s acquisition of the global ecommerce giant and have appointed advisers to evaluate their options.
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NewsSuperdry CFO steps down as it issues profit warning
Superdry reported a fall in sales and said it expects full-year profitability to be impacted as it blamed “a challenging consumer retail market” set against ”macroeconomic uncertainty and some remarkably unseasonal weather conditions” for its weakened financial performance.
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NewsWHSmith sales soar driven by ‘strongest ever’ travel division
WHSmith posted growth in sales in the 20 weeks to January 26, 2024, as it achieved its “strongest ever position as a global travel retailer”.
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NewsUK consumer confidence rises to best score in two years
UK consumer confidence rises to “best headline score in two years” as optimism strengthens with inflation predicted to fall in the next 12 months.
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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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NewsShoplifting offences hit highest level in 20 years
Shoplifting offences rose to their highest level in two decades last year, according to the Office for National Statistics.
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NewsExclusive: Amazon faces fresh round of strikes
Amazon workers in Coventry will strike again following a compulsory re-ballot, Retail Week can reveal.
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InterviewDiscount Dragon: Meet the pureplay brand setting the value sector alight
Emerging as a new player in the value market, Discount Dragon is striving to guarantee Brits a bargain. Boss Martin Higginson is co-founder and CEO of parent company Huddled.
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NewsThe Fragrance Shop sales surge in 'exceptional' Christmas
The Fragrance Shop has posted a record-breaking Christmas as sales surged in the 13 weeks to December 31, 2023.
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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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NewsPuma posts sales increase but warns of challenges ahead
Puma has reported a sales increase during the 2023 full year despite warning of the ongoing “geopolitical and macroeconomic challenges” likely to persist in 2024.
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NewsDr Martens sales dip in ‘volatile’ quarter
Dr Martens has reported a decline in sales due to “volatile” trading during the third quarter but has held firm on profit guidance for the year ahead.
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NewsHalfords maintains profit guidance after ‘resilient’ performance
Halfords has maintained its full-year profit guidance after a “resilient” third quarter in what the retailer said remains a “very challenging consumer environment”.