More on Me + Em – Page 2411
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News
LVMH jumps 19% to reach £4.6bn
Luxury goods and specialist retailer LVMH’s retailing arm recorded revenue growth of 19% in 2010 to reach E5.4bn (£4.6bn), and posted a profit of E388m (£332m), up 38% on 2009.Travel retail operator DFS posted a strong performance attributed to the rise in international travel, notably among Asian tourists.Beauty chain Sephora ...
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News
Kesko net sales rise 3.9% to £7.5bn
Retail group Kesko has reported a net sales rise of 3.9% to E8.8bn (£7.5bn) for 2010, with operating profit nearly doubling to E268m (£230m).In Finland, net sales increased by 4.3% and in other countries by 2.2%. International operations, which include Scandinavia, Baltics and Russia, accounted for 16.7% of net sales. ...
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AnalysisMary Portas: Queen of shops or enemy of retailers?
Mary Portas’ new series, Secret Shopper, has incurred the wrath of retailers. But the ‘queen of shops’ remains defiant.
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AnalysisX5 in battle for leadership with new growth strategy
Russia’s largest grocer, X5 Retail Group has revealed a change to its expansion strategy and will now be targeting small cities and towns with populations of more than 50,000 inhabitants.
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Deichmann sales climb 12.5% to £3.37bn
Shoe retail specialist Deichmann Group experienced a sales climb of 12.5% during the 2010 financial year, reaching E3.93bn (£3.37bn).The retailer said this was the biggest growth rate for 20 years. At Deichmann’s various banners in Germany sales were up 8%, or 4.8% on a like-for-like basis.
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OpinionWade-Gery points the way to future of M&S
Today’s multichannel leaders are tomorrow’s retail leaders.
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GalleryMr Simms Olde Sweetie Shoppe, Fulham Broadway
Mr Simms Olde Sweetie Shoppe in the shopping mall directly above Fulham Broadway tube station is proof that small really is beautiful and that you really can use stock as an integral element of a store’s design.
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GalleryTesco’s different shades of green
John Ryan meets Tesco’s new design chief and discovers why there’s nothing boring about green supermarkets
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NewsMorrisons considers kidswear range
Morrisons is understood to be weighing up offering a kidswear range as part of chief executive Dalton Philips’ development plans.
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NewsAsda hits back in row over price guarantee
Asda marketing chief Rick Bendel is confident the advertising regulator will dismiss rivals’ complaints about its 10% cheaper guarantee.
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News
Bharti Walmart to open 12 new Best Price Modern Wholesale stores by March 2012
Walmart’s Indian joint venture operation Bharti Walmart is planning to open 12 new Best Price Modern Wholesale stores by March 2012, in a move away from its cautious expansion strategy.The group expects to ramp up the rate of expansion and open “more than 12” stores in 2013.Managing director and chief ...
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AnalysisStamping out online fraud
Total online fraud losses have dropped in the past two years with a raft of new security measures to prevent card-not-present fraud. Liz Morrell asks if the trend will continue
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AnalysisSecurity staff: The necessary force
The issue of appropriate force against violent customers is a thorny retail issue. Joanne Ellul looks at where store staff should draw the line
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OpinionRetail surgery: What does a squeeze on household finances mean for retailers?
The Bank of England has said consumers face the biggest squeeze in their household finances since the 1920s. What does this mean?
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NewsBlacks Leisure chief executive Neil Gillis resigns
Blacks Leisure chief executive Neil Gillis is to resign from the retailer.
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NewsJaeger to expand into Russia
Premium fashion retailer Jaeger is to enter the Russian market with two Jaeger London stores.
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NewsClothes prices may rise 14% this autumn
Clothing prices are forecast to climb by up to 14% in the second half of this year this year.
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NewsFonehouse hunts new stores as old ones are refitted
Mobile phone retailer Fonehouse is ramping up the roll-out of its new store format as it plans to triple its store count by early next year.