All International articles – Page 13
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News
L’Oréal orders staff to return to office
Global cosmetics giant L’Oréal has ordered its staff to return to the office for at least two Fridays every month as it tightens remote working policies, The Times has reported.
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News
Amazon profits surge after strong Christmas and growth in AWS
Amazon posted surging profits and sales that exceeded expectations on Wall Street off the back of strong festive trading and growth in its cloud computing arm.
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News
Fanatics appoints international president in newly created role
Fanatics, the pureplay sports retailer that specialises in licensed merchandise, has appointed Stephen Dowling to a newly created international president role.
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LVMH profits and sales grow in ‘another historic year’ for Sephora
Luxury goods conglomerate LVMH reported a surge in sales and profits as beauty giant Sephora delivered an “exceptional performance” for the full year 2023.
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News
UK fruit and veg prices set to rocket this spring
The price of fruit and vegetables in the UK is predicted to rise when new post-Brexit import controls are introduced in the spring.
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Interview
Q&A: By Rotation founder Eshita Kabra on transforming fashion consumption
As fashion-conscious shoppers increasingly opt to rent clothing, By Rotation founder and chief executive Eshita Kabra talks to Retail Week about the platform’s unique business model and the importance of fostering a considered and inclusive rental community for the future
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News
Ikea slashes global carbon footprint as revenues surge
Ingka Group, the largest of Ikea’s retail brands, has slashed its carbon emissions by 12.7% year on year while delivering a 30.9% increase in revenue for the same period.
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Marks & Spencer names new digital and international bosses
Marks & Spencer has appointed two executive directors to lead its digital and overseas operations.
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News
Birkenstock warns on profits despite ‘most successful’ year to date
German footwear retailer Birkenstock has warned that 2024 EBITDA margins are expected to see a “modest headwind” due to increased costs, despite posting booming sales and profits in its “most successful” year to date.
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News
Logistics giant Wincanton to go private in £560m mega deal
Wincanton is set to be snapped up by French shipping giant CMA CGM and delisted from the London Stock Exchange in a deal worth over £560m.
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News
JD Sports completes Polish acquisition
JD Sports has completed the acquisition of Poland-based footwear and clothing company Marketing Investment Group (MIG) as it strengthens its foothold in Central and Eastern Europe.
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News
Pepco delivers record revenues as it warns on Red Sea disruption
Pepco Group, which owns Poundland in the UK and the Pepco and Dealz brands in Europe, has posted record first-quarter group revenues.
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Interview
Woolworth boss Roman Heini has UK return 'on bucket list'
CEO Roman Heini is leading the expansion of Woolworth Germany at home and abroad, and says Britain is on his bucket list of destinations.
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Analysis
Red Sea: What’s the situation and how are retailers mitigating the impact?
As the tensions in the Red Sea continue to escalate, Retail Week looks at how retailers are dealing with supply chain disruptions and the options on the table to mitigate potential price rises and availability issues.
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News
Mulberry sales decline as UK VAT hits luxury sector
Luxury fashion retailer Mulberry has posted a fall in sales which the group said was impacted by a “challenging macroeconomic backdrop” and a decline in luxury consumer spending.
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Interview
Q&A: Yoga brand Bahe on stretching past the pandemic sweatpants trend
Retail Week talks to Australian yoga and Pilates activewear brand Bahe as it plans to go global and bring innovation to the sector
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News
Shein opens up design competition to international designers
Shein has expanded the in-take for its fashion design competition, Shein X, to include global applicants for the first time as it continues to look for up-and-coming designers.
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News
Former Tesco boss Dave Lewis joins Morrisons owner CD&R
Former Tesco chief executive Sir Dave Lewis has been hired by US-based private equity firm Clayton, Dubilier & Rice (CD&R) in an advisory role.
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News
Australian retailer Harvey Norman to launch in England
Australian-owned lifestyle, technology and entertainment retailer Harvey Norman is launching in England for the first time, with a flagship set to open at the Merry Hill shopping centre in Dudley, West Midlands.
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News
No ‘major disruptions’ expected from Red Sea attacks, says Estée Lauder exec
Estée Lauder vice president of global supply chain planning Frank Maassen has said the beauty giant does not anticipate any “major disruptions” to customers as a result of the supply chain issues in the Red Sea.