Europe – Page 2
-
News
Alibaba investigated over ‘possible espionage’ at logistics hub
The Chinese tech and retail giant Alibaba is being investigated by the authorities in Belgium over possible charges of espionage.
-
News
JD Sports CEO Régis Schultz: ‘If you do a good job, you get good results’
After JD Sports posted double-digit profit growth in the first half of the year, in line with expectations to hit the £1bn profit mark for the first time, Retail Week finds out what has made the business more successful than others in its space
-
News
Carrefour warns shoppers with ‘shrinkflation’ signs
French supermarket Carrefour has started warning its shoppers of “shrinkflation” with shelf-edge signs.
-
Interview
Q&A: Shopify directors on leveraging AI and creating new products
Shopify’s managing director for Europe, Middle East and Africa Deann Evans and director of product Miqdad Jaffer speak to Retail Week about the marketplace’s AI offering, its new suite of products and always adapting to the retail market
-
News
Søstrene Grene opens online UK shop
Søstrene Grene is to make its range of home decor and accessories available to shop online in the UK for the first time.
-
News
Currys posts dip in revenue as profit guidance remains ‘unchanged’
Currys has posted a decline in group revenue for the 17 weeks ending August 26, 2023, but has made no changes to its profit guidance for the year.
-
News
Exclusive: Pepco launches in Bosnia and Herzegovina
Pepco Group is pushing further into Europe by opening its first store in Bosnia and Herzegovina, Retail Week can reveal.
-
Interview
Q&A: Søstrene Grene CEO Mikkel Grene on its rapid UK expansion
Selling contemporary, Scandi-style home furnishings at affordable prices, it’s no surprise Søstrene Grene has been going down well with UK shoppers since it arrived from Denmark in 2016. Chief executive Mikkel Grene has ambitious plans to open 50 stores across the UK within the next few years and spoke to Retail Week about them
-
Gallery
Reserved resumes UK expansion with new store concept
Polish fashion retailer Reserved has opened its newest store at London’s Westfield Stratford City as it continues to ramp up its UK and European expansion plans.
-
Analysis
Four of the biggest innovations coming out of global retail
Published today, The Global Innovation Report takes a detailed look at retailers and brands spanning 18 international markets for inspiration on new thinking, technology and partnerships to drive a path forward. Here we highlight four significant innovations
-
News
Getir to cut 10% of global workforce to increase efficiency
Turkish ultra-fast delivery firm Getir will be cutting around 10% of its workforce as it plans to “restructure the global organisation to significantly increase operational efficiency”.
-
Analysis
Strategy spotlight: Five ways Zara owner Inditex can remain on top
Inditex saw group profits surge in its latest quarter, with pre-tax profit margins rising from 14.7% to 19.8% and group EBITDA jumping 14% to €2.2bn (£1.89bn) for the three months to April 30, 2023 (2023/24)
-
News
Pepco revenue rises despite ‘challenging trading environment’
Pepco has reported a growth in revenue despite facing a “challenging trading environment” in April and May across central Europe.
-
News
Watches of Switzerland sales and profits soar in record year
Watches of Switzerland has posted a “record” year of revenue and profitability, entering 2024 “significantly ahead” of what it previously forecast as strong momentum across the US, UK and Europe continues.
-
News
JD Sports strengthens position in Iberia with £427m acquisition
JD Sports is set to buy out the minority shareholders in Iberian Sports Retail Group (ISRG) to acquire 100% of the brand as it strengthens its foothold in the Iberian peninsula.
-
News
Currys profits fall as Nordics success ‘brought to abrupt halt’
Electricals giant Currys has posted a fall in full-year profit after its long track record of Nordics success “was brought to an abrupt halt”.
-
News
Currys launches strategic review of Greek business
Electricals retailer Currys has begun a strategic review of its Greek division, Kotsovolos, which could lead to a sale.
-
News
Nobody’s Child embarks on US expansion with Europe and Middle East to follow
Nobody’s Child has unveiled its expansion into the US through the launch of online partnerships with fashion brands Anthropologie and Nordstrom, as its European and Middle Eastern expansion plans “are also imminent”.
-
News
Pepco to open first store in Portugal as it ramps up European expansion
Pepco Group is opening its first store in Portugal as it expands its presence across Western Europe.
-
News
Shein opens new Dublin headquarters
Fast-fashion retailer Shein has unveiled the opening of its new EMEA headquarters in Dublin city centre, Ireland, which will function as “the heart of Shein’s operations in the region”.