All International articles – Page 15
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Analysis
Currys boss Baldock on a tale of two markets – a Nordic slump vs UK resilience
Currys chief executive Alex Baldock painted a picture of starkly different markets as he unveiled the retailer’s interim results
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News
H&M share price slumps despite sales jump
H&M’s share price has taken a hit despite sales jumping 10% and coming in slightly ahead of predictions.
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News
Currys issues profit warning as international business nosedives
Electricals giant Currys has issued a profit warning after margins were squeezed by discounting rivals, leaving its international business floundered.
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News
Inditex sales and profits jump in face of rising international costs
Spanish fashion giant Inditex posted an 11% jump in sales, but a more modest profit increase as inflation pushed up the cost of goods.
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Analysis
Analysis: How are retailers mitigating the downfall of the pound?
What does a weakened pound mean for UK retailers? Who is feeling the pinch most? And what can they do to mitigate the problem?
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News
Poundland owner Pepco ramps up investment in stores as profits rise
Poundland owner Pepco Group plans to accelerate its store expansion plan after posting an increase in profits.
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News
Primark to open 10 new stores before Christmas
Primark owner ABF has announced it is to open 10 new stores before Christmas.
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News
Frasers Group profits and sales surge on the back of acquisitions
Frasers Group’s profits and revenues have soared, driven by the retailer’s new brand acquisition strategy, disposal of some assets and the continued growth of Flannels.
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Analysis
Strategy spotlight: Five ways Burberry has refined its strategy to unlock long-term growth
“Modern British luxury” was the headline of new Burberry CEO Jonathan Akeroyd’s strategy, which was revealed during the fashion brand’s interim results in November 2022. Targeting medium revenue growth to £4bn, our Retail Week Prospect analyst team examines Burberry’s plan to unlock this next phase of growth
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News
Hotel Chocolat pins hopes on stores in tough trading conditions
Hotel Chocolat bosses hope the resurgence of stores will help it navigate tough conditions following a year of restructuring.
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News
Mulberry swings to loss in face of increased costs
Global handbag and accessories retailer Mulberry has swung to a loss as it grapples with factors such as the end of government Covid-19 support and the cost-of-living crisis.
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Analysis
How to succeed in a permacrisis – five winning strategies for 2023
For its word of the year in 2022, the Collins English Dictionary has selected permacrisis – a term that defines “an extended period of instability and uncertainty”.
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Opinion
‘The retail sector isn’t doomed, but 2023 will be a tough year’
While UK retail is facing historic pressures, the current environment is also throwing up opportunities for business. David Maddison from HSBC gives a banker’s view on the health of the sector
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News
EG Group profits boosted by foodservice and Asda On the Move stores
Petrol forecourt giant EG Group has reported increases in profits and sales off the back of strong performances from foodservice, its grocery division and Asda On the Move store conversions.
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News
Primark to plough £140m into UK high streets, creating 850 jobs
Primark has pledged to invest £140m into new shops across the UK during the next two years in a plan that will create at least 850 new jobs.
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Analysis
The Tech List: Five global digital leaders UK retail can learn from
Retail Week’s The Tech List – a celebration of the 50 digital leaders driving innovation across the UK, US, Europe, Japan, China and Israel – has caught the imagination of an industry grappling with major strategic upheaval. The UK must look overseas for inspiration to meet today’s challenges so we cast the spotlight on some international tech transformers at the forefront of innovation
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News
Dr Martens profits slip despite sales gains
Dr Martens has suffered a decline in profits despite delivering double-digit sales growth, as it ramps up investment in new stores, marketing and people.
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News
Burberry unveils new British brand focus as profits and sales grow
Burberry has said it will refocus its branding on its British heritage under chief creative officer Daniel Lee, as sales and adjusted profits grew in the first half of the year.
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Analysis
Where do humans fit into Amazon's new age of robotics?
Once the preserve of science fiction, US tech giant Amazon is working hard to herald the age of robots. What do these latest innovations mean for the future of fulfilment and the people who work in it?
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News
Amazon plans 10,000 job cuts as Bezos warns of US recession
Tech giant Amazon is reportedly planning to shed 10,000 jobs in its corporate and technology divisions as founder Jeff Bezos warned US businesses should “batten down the hatches”.