All International articles – Page 32
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NewsAlibaba Singles’ Day sales surpass $70bn, spurred by luxury
Alibaba posted record sales of $74bn (£56bn) for its annual Singles’ Day Sales event, which this year was extended beyond the usual one day of deals.
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AnalysisFrom M&S to MS2 – can pureplay shift turbocharge fashion performance?
Marks & Spencer’s half-year results again spotlighted the accelerated shift to online shopping that has accompanied the Covid-19 pandemic.
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NewsWalmart scraps use of Bossa Nova’s stock-checking robots
Walmart has cut ties with inventory robotics start-up Bossa Nova and will return to staff-based methods of stock-checking in its stores.
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Retail VoiceLessons for the West from China’s retail recovery
Asian markets, particularly China, are often looked at by those in the West as leaders in applying cutting-edge technology and innovation to the retail sector.
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NewsFortnum & Mason poaches new chief executive from Matchesfashion
Fortnum & Mason has appointed Matchesfashion’s executive Tom Athron as its new chief executive, replacing Ewan Venters.
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NewsGap mulls closure of all European stores and UK warehouse
American fashion chain Gap is considering closing all of its European stores and operating in the region purely through partnerships, potentially putting hundreds of jobs at risk.
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AnalysisMy lockdown lessons: Learnings from Crosstown Doughnuts, Pets at Home, Tails.com and Karma
From ways of working to new partnerships and changes of direction, the pandemic has brought out the best in retail as well as posing challenges. Directors of start-up businesses and big retail names share their takeaways.
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NewsWalgreens Boots Alliance profits dragged down by UK sales slump
Walgreens Boots Alliance has reported a drop in its fourth-quarter sales and profits exacerbated by a plunge in demand across the group’s UK arm.
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NewsWaitrose launches first dedicated overseas website
Waitrose has unveiled its first dedicated website for overseas shoppers in the United Arab Emirates.
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AnalysisAnalysis: What could the end of duty-free mean for retail?
Duty-free shopping will come to an end as part of the government’s Brexit plans, which has unwelcome implications for the retail industry.
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Retail VoiceWhy the Middle East should be next on your list for online growth
International expansion has become a priority for many in recent years, with retailers eager to grow digitally overseas.
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AnalysisStrategic report: Five ways to crack global ecommerce from a brand lighting the way
How do you carve out an international online roadmap as an up-and-coming brand? RWRC’s report reveals five key factors that helped grooming brand Mo Bro’s become a multimillion-pound exporter – and how others can drive overseas growth
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AnalysisAnalysis: Five priorities for new Tesco boss Ken Murphy
Tesco’s interim results today gave new boss Ken Murphy his first opportunity to address the City and experience the scrutiny that comes with being chief executive of Britain’s biggest retailer.
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NewsClarks launches CVA in bid to close stores as part of rescue deal
Footwear specialist Clarks has launched a CVA in a bid to shutter stores and secure a much needed cash injection from outside investors.
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NewsMulberry losses deepen due to Covid-19
Struggling global handbag and accessories retailer Mulberry has seen its losses deepen due to the ongoing effects of the coronavirus on sales.
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NewsIssa brothers’ Asda swoop ‘not a traditional private equity deal’
Asda’s chief financial officer has said the £6.8bn sale of the retailer is “not a traditional private equity deal” as the billionaire Issa brothers reflect the grocer’s values and long-term strategic aims.
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NewsWalmart completes sale of Asda to Issa brothers for £6.8bn
Walmart has completed the sale of UK grocery chain Asda to global convenience and forecourts retail business co-founders the Issa brothers for £6.8bn.
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NewsClarks pension trustees draft in advisors to secure fresh investment
The pension trustees of shoe specialist Clarks have drafted in advisers in a bid to bring fresh investment into the struggling retailer which has been battered by the effects of the coronavirus.
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NewsKingfisher offloads Russian Castorama chain for £73m
Kingfisher has sold its Castorama division in Russia to domestic chain Maxidom in a £73m deal.
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NewsHotel Chocolat strikes Hut Group deal in US as coronavirus hammers profits
Hotel Chocolat has struck a deal with The Hut Group’s Ingenuity technology arm to bolster its presence in the US after the retailer’s profits were hammered by the coronavirus crisis.