All International articles – Page 3
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NewsBirkenstock has reported a record quarter thanks to demand for ‘ugly’ clogs
German footwear retailer Birkenstock has reported a record third quarter thanks to increased demand across all regions.
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GalleryPrimark opens new US store dedicated to Disney
Fashion giant Primark has opened its newest store in Orlando, Florida, in partnership with The Walt Disney Company.
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NewsFrasers Group snaps up a stake in a retail and distribution group Down Under
Frasers Group has bought a 14.65% stake in Australia and New Zealand-based retail and distribution business Accent Group.
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NewsTed Baker's owner announces its new UK and Europe ecommerce operator
Authentic Brands Group has unveiled United Legwear & Apparel Co (ULAC) as its choice to manage ecommerce operations for Ted Baker in the UK and Europe.
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NewsOcado warehouses go live with Coles in Australia
Ocado and Australian grocery giant Coles have announced that two promised customer fulfilment centres have gone live this summer.
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NewsTK Maxx’s parent company has raised its profit guidance following a rise in sales
The parent company of TK Maxx, TJX, has raised its profit guidance after sales across all units of the business increased.
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NewsJD Sports growth driven by US and European revenues surge
JD Sports has reported group like-for-like and organic sales increases, driven by surging revenues in the US and Europe as UK performance softened.
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Innovation of the WeekInnovation round-up: Hologram training, reviving the metaverse, palm payments and more
Here we bring you our summer roundup of innovations that caught our attention over the past three months.
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NewsMountain Warehouse has returned to profit as it eyes Carpetright stores for expansion
Outdoor specialist Mountain Warehouse is looking to potentially take over former Carpetright stores after it reported a return to profit in the full year ending February 29, 2024. tores as it reported a return to profit in the full year ending February 2024.
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AnalysisRetail goals: The business of football and what the rest of the industry can learn from it
As football fans gear up for the Premier League to kick off this month, Retail Week looks at how much the sport is worth to the world of retail.
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InterviewQ&A: Alibaba.com president on its Olympics venture, the age of AI and supporting SMEs
On the day Alibaba.com announced the launch of a new AI tool and a venture with the International Olympic Committee in Paris, Retail Week caught up with president Kuo Zhang to discuss AI, helping athletes start businesses and other tech innovations in the works
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Opinion‘Amazon is feeling the heat from Temu – the question is what to do about it’
Amazon’s latest update shows it is at a tipping point, believes Lisa Byfield-Green
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NewsJD Sports has become Nike’s first global partner as it takes loyalty scheme to USA
JD Sports has extended its retail partnership with Nike’s loyalty scheme to the US, making it the sportswear giant’s first global partner for the popular rewards programme.
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NewsAmazon sales have surged but customers remain cautious and are seeking bargains
Sales at ecommerce giant Amazon have surged during its second quarter despite customers remaining cautious and trading down amid the cost-of-living crisis.
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AnalysisNext has posted weather-busting, expectation-beating results – what do the analysts say?
Fashion powerhouse Next knocked the numbers out of the park in its second quarter when full-price sales climbed 3.2% year on year.
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NewsAdidas has posted an increase in sales following major football tournaments
Adidas posted an increase in revenue in the first half of the year driven by strong brand momentum and sporting events such as Euro 2024 and the Copa América.
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NewsJD Sports’ revamped UK store has ‘set the benchmark’ with its highest global turnover
JD Sports’ revamped store at Westfield Stratford now has the highest turnover across its global portfolio as the UK market remains the blueprint of omnichannel innovation and store design for the group worldwide.
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NewsLandlord Hammerson sells Bicester Village to LVMH-backed private equity firm
Landlord Hammerson has sold its entire stake in Value Retail, the owner of Bicester Village luxury retail park in Oxfordshire, in a £1.5bn deal, which it said would generate around £600m in cash proceeds.
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Opinion‘The UK is famous for online grocery but where else could retail find talent to export?’
With a shift in consumer needs on the horizon, world-class innovation can play a key part in retailers’ success, argues Lisa Byfield-Green
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NewsHugo Boss has lowered its guidance as the slowdown in the luxury market continues to take its toll
Luxury fashion retailer Hugo Boss has lowered its full-year guidance as the slowdown in the luxury sector took its toll during the second quarter.