All International articles – Page 30
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InterviewQ&A: Alibaba’s Roland Palmer on Brexit and what UK retail can learn from China
Alibaba’s UK general manager Roland Palmer speaks to Retail Week about how the marketplace giant is making a name for itself in the country despite challenges from Brexit, and where UK businesses can follow China’s example
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Opinion‘AI scare stories abound but retailers need to get in on the act now’
The rise of AI has been one of the biggest stories of the year so far, prompting excitement about its potential and fears about possible malign effects in equal measure.
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NewsTJX’s Greenlees wins World Retail Congress Woman of the Year
Louise Greenlees, TK Maxx owner TJX’s group president, was named Woman of the Year at the World Retail Congress in Barcelona.
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NewsHotel Chocolat cools expectations as Easter sales ‘lower than expected’
Hotel Chocolat expects sales to be slightly lower than market expectations and underlying profit before tax to break even in the 2023 financial year.
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NewsFrasers Group unveils loyalty scheme across all brands
Frasers Group chief executive Michael Murray has said the retailer is set to unveil a new membership scheme and flexible payments solution, which he described as the retailer’s version of Amazon Prime.
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NewsSephora London store performing ‘300% better than expected’
The boss of Sephora owner LVMH’s selective retailing division has said its recently opened London store is performing more than 300% better than was predicted.
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NewsShein pledges to put sustainability front and centre of growth ambitions
Shein executive vice chairman Donald Tang says everything the retailer will do over the next decade will be with “sustainability and ESG in mind” as it eyes its next phase of growth.
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NewsGymshark profits decline for first time as operational costs rise
Gymshark posted a fall in profits for the first time despite an increase in revenue for the year ending in July 2022, as the group struggled with increasing operational costs.
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DataRanking: The UK retailers with the biggest international sales
After several years of staying close to home, it’s no surprise that, even with the cost-of-living crisis, more than 60% of Brits are planning an overseas holiday this year – up by 10% on last year, according to research by American Express.
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NewsSupermarkets blame poor weather in Spain for latest availability issues
Some UK supermarket chains have begun rationing the sale of peppers to two per customer, while others have run out completely.
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NewsH&M slashes 150 jobs as it merges Monki and Weekday brands
H&M Group has announced the closure of its Monki head office in Gothenburg, Sweden, “regrettably” cutting around 150 jobs within the business as it confirms the merger of its Monki and Weekday brands.
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NewsIkea to make ‘biggest ever’ investment in US expansion
Ikea owner Ingka Group is to make its biggest ever investment in stores and fulfilment in the United States.
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NewsCarl Cowling banks on bumper summer to keep WHSmith travelling in right direction
WHSmith chief executive Carl Cowling has said the retailer is positioning its travel brand as a “one-stop shop for travel essentials” after reporting a surge in profit and revenue.
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NewsMulberry credits ‘improvement’ in revenue to UK and China performance
Mulberry has reported full-year trading “in line with expectations” with group revenue “slightly ahead of last year”, according to the fashion retailer.
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NewsWHSmith profits and revenues soar as travel division powers growth
WHSmith has posted a surge in profits and revenue in its first half as “strong momentum” continued across its UK and international travel business.
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NewsUrban Outfitters unveils bricks-and-mortar expansion plans
Urban Outfitters has confirmed its plans to continue expanding its bricks-and-mortar offering with the opening of three new stores this year.
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AnalysisStrategy spotlight: How Flying Tiger Copenhagen is succeeding despite cost-of-living crisis
Despite operating in an extremely discretionary market during an unprecedented cost-of-living crisis, specialist retailer Flying Tiger Copenhagen continues to succeed. What makes it stand out from the field, and what’s next for the Danish brand?
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NewsNatura to focus on The Body Shop as it sells Aesop
Cosmetics giant Natura &Co is to focus on building The Body Shop after selling luxury brand Aesop.
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NewsIkea’s property arm buys Parisian shopping centre to expand Livat format
Ikea’s property arm Ingka Centres has confirmed its acquisition of the Italie Deux shopping centre in Paris from retail property giant Hammerson, as well as its high-street extension Italik and the Apollo office complex.
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NewsOcado triumphs in High Court patents dispute
Ocado has seen off claims from an international rival that alleged it had stolen several of its technological inventions.