All Europe articles – Page 5
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AnalysisStrategy spotlight: Five ways Kingfisher is maximising growth with Screwfix
Barring the huge boost for the sector during the pandemic, DIY giant Kingfisher has been reliant on its Screwfix trade-counter format to drive sales and profit growth in recent years. Meanwhile, its larger businesses, including B&Q in the UK and Brico Dépôt and Castorama in France, have struggled in a difficult trading environment
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NewsZalando credits boost in revenue and ‘improved profitability’ to online shopping club
Zalando has credited a rise in revenue and “improved profitability” in its first quarter to increased demand for its online shopping club Lounge by Zalando.
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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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NewsPoundland owner’s sales climb as it navigates ‘challenging environment’
Poundland parent Pepco has reported a rise in second-quarter sales as it successfully steers its way through a “challenging environment”.
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NewsH&M Beauty to open first flagship store in Oslo
H&M Beauty is set to open its first global flagship store in Oslo as the fashion retailer expands into the world of beauty on May 4.
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InterviewQ&A: Ikea exec talks new tech and how AR can transform the in-store experience
Ikea’s country marketing manager Helena Gouveia, along with immersive tech company Warpin CEO Emma Ridderstad and partner director Eva Kindlundh, speaks to Retail Week about the in-store augmented-reality partnership
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NewsCurrys appoints new Nordics boss to help ‘restore healthy levels of profit’
Currys has appointed Fredrik Tønnesen as its new Nordics chief executive officer in a bid to help the division navigate a challenging market and tough consumer environment.
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NewsExclusive: Amazon bypasses wholesalers to source directly from brands
Amazon has written to its European vendors to tell them it will now focus on sourcing products directly from brands rather than wholesalers.
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NewsExclusive: Secret Sales eyes international markets after record growth
Secret Sales has posted a record year for growth across its marketplace with chief executive Chris Griffin saying the brand is now “one of Europe’s fastest-growing fashion ecommerce platforms”.
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NewsReserved ramps up UK and Europe expansion plans
Reserved has resumed its plans to expand in the UK and Europe after putting the brakes on expansion in December 2019 due to political uncertainties as a result of Brexit.
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AnalysisAnalysis: How The Range went from market stall origins to cracking UK’s top 30 retailers
In Retail Week’s recent ranking of who the top 30 retailers in the UK will be by 2026, The Range and Adidas were the two new entries that are set to take the 28th and 30th spot respectively.
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NewsJD Sports targets 350 store openings a year as part of international expansion
JD Sports has announced it aims to spend 50% to 60% of its yearly capital expenditure to expand the brand internationally over the next five years, especially in the North American and European markets.
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Opinion‘Three years on from Brexit, the most difficult bit is yet to come’
Three years on from Brexit and the impact to retailers and consumers has been relatively limited. However, in many ways, the most difficult bit is yet to come, says British Retail Consortium’s Andrew Opie
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NewsDunkerton: Free trade deal with EU key to breaking inflationary cycle
The boss of Superdry has said he believes that striking a free trade deal with the European Union is key to breaking the UK out of its current inflationary cycle.
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NewsAmazon settles EU regulators deal to avoid $47bn fine
Amazon has agreed to settle competition inquiries with the European Union to avoid a potential $47bn (£39bn) fine.
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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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NewsKingfisher inches down profit guidance amid rising wages and energy bills
Kingfisher has shaved £10m from the upper end of its profit guidance in the face of rising wages and energy bills.
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NewsAuthentic Brands Group adds Ted Baker to European portfolio
US conglomerate Authentic Brands has completed the acquisition of Ted Baker.
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NewsKingfisher guidance unchanged despite profits and sales slump
Home and DIY giant Kingfisher has insisted that its full year guidance remains unchaged despite profits and sales falling in the first half.
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NewsAO scraps German business following strategic review
Electrical goods etailer AO.com has taken the decision to close its German business after eight years of trading, following a strategic review into its performance.