All International articles – Page 33
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GalleryStore gallery: Inside Flannels’ debut Dublin store
High-end fashion retailer Flannels has opened the doors to its first-ever store in Ireland.
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NewsTesco facing UK lawsuit over F&F working conditions in Thailand
Supermarket giant Tesco is facing a lawsuit in the UK from Burmese migrant workers who claim they were used by F&F suppliers as slave labour in Thailand.
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AnalysisCurrys 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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NewsH&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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NewsCurrys 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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NewsInditex 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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AnalysisAnalysis: 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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NewsPoundland 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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NewsPrimark 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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NewsFrasers 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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AnalysisStrategy 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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NewsHotel 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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NewsMulberry 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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AnalysisHow 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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NewsEG 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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NewsPrimark 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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AnalysisThe 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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NewsDr 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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NewsBurberry 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.