Europe – Page 19
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News
Retail Diary: Seb James is on a Greek odyssey and Morrisons kicks up a stink
Sebastian James pays a visit to his staff in Kotsovolos stores in Greece, Morrisons letter kicks up a stink and SuperGroup’s number is up.
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News
Uniqlo owner's profits soar but European arm hit by London flagship refit
Uniqlo owner Fast Retailing has reported a 47% jump in pre-tax profits to ¥210.2bn (£1.11bn) for the nine months ending May 31 2015.
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Primark posts sales rise but cautions on currency exchange impact on margins
Value fashion giant Primark has reported a strong sales rise but currency movements are expected to affect next year’s results.
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Analysis: Greece's retail sector is feeling the impact of instability
Greece’s debt crisis and fears of an exit from the euro have sent shockwaves across Europe. How is the crisis affecting the country’s retail sector?
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Lidl names Daniel Marasch as chairman of its German operations
Lidl has revealed that Daniel Marasch has been promoted to chairman of grocer’s German board following the departure of Raimund Matthias.
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Analysis
Analysis: The opportunities for Ao.com and other retailers in Austria
Ao.com boss John Roberts is preparing to ramp up the etailer’s European expansion after targeting a move into the Netherlands or Austria.
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Electricals etailer AO World poised to expand its European operations
AO World is poised to expand its presence on the continent as it continues its drive to become “the best electricals retailer in Europe”.
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Video
Watch: What the Greek debt crisis means for British retailers in 60 seconds
As the Greek referendum on the new bailout deal looms, we explain how some British retailers are preparing for a variety of outcomes.
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News
Netto becomes first German discount grocer to run loyalty scheme
Grocer Netto Marken-Discount has become the first German discount supermarket to join a loyalty scheme after signing up to the Deutschland-Card.
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Etail giant Amazon's UK business paid just £11.9m in tax in 2014
Amazon’s UK business paid just £11.9m of tax last year, despite its Luxembourg unit raking in £5.3bn in sales from British shoppers.
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News
European grocery giants Ahold and Delhaize complete merger
Dutch grocery giant Ahold and Belgian supermarket chain Delhaize have agreed to merge, in a bid to rival US retail titan Walmart.
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Darty swings back to profit despite sales dip as cost cutting kicks in
French electricals retailer Darty has swung back into profit for the year despite a fall in sales after significant cost cutting.
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News
HMV to launch concessions in 80 Tesco Ireland stores
HMV has penned a major deal with Tesco that will see it open concessions in dozens of the grocer’s Irish stores by the end of the year.
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News
Saks Fifth Avenue may launch in Europe as Hudson’s Bay buys Galeria Kaufhof
Hudson’s Bay Company, owner of Saks Fifth Avenue, is to buy German department store business Galeria Kaufhof from Metro Group.
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Aldi invests in electric car charging stations across Germany
Discount grocer Aldi is investing €2.2m (£1.6m) on charging stations for electric cars outside its German stores this summer.
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News
Cosmetics retailer Douglas acquired by CVC Capital Partners
Private equity group CVC Capital Partners has acquired perfume and cosmetics retailer Douglas from Advent International.
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Analysis
International analysis: Lidl figures show Schwarz Group supremacy
Lidl owner Schwarz Group has announced 7% growth in net sales to €79.3bn (£57bn), an increase of more than €5bn (£3.6bn) in absolute figures.
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News
Dublin department store Arnotts bought by Fitzwilliam Finance Partners
The battle for Irish department store Arnotts has come to an end after Fitzwilliam Finance Partners acquired its rival Apollo’s 50% stake.
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News
Ahold first-quarter revenues drop as price war takes toll on margins
Dutch grocery giant Ahold reported a drop in revenues during its first quarter as cut-price deals took their toll on profit margins.
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Online retail giant Amazon starts paying corporation tax in the UK
Amazon has started paying corporation tax in Britain rather than Luxembourg after it came under fire for avoiding tax.