All International articles – Page 37
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News
Alibaba sales surge amid China’s ‘rapid’ Covid-19 recovery
Alibaba has posted a spike in sales during the final quarter of 2020 following the “rapid recovery” of the Chinese economy in the wake of Covid-19.
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Retail Voice
Why Cyprus needs to be on your radar in 2021
With the new UK-EU trade agreement meaning no tariffs or quotas have been introduced following Brexit, Cyprus is a great sourcing destination for the year ahead boasting a fast-developing export trade and a reputation for high quality and competitive pricing.
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News
JD Sports bolsters US business with $495m acquisition
JD Sports is to buy US athletic footwear and apparel retailer DTLR for $495m as it extends its US operations.
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Analysis
H&M boss Helena Helmersson: Our post-pandemic recovery plan
Fashion giant H&M has been battered by coronavirus, with swathes of its global store estate shut and profits plummeting. Chief executive Helena Helmersson reveals how the group plans to rebound in 2021.
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News
H&M profits tumble as Covid-19 batters sales
H&M has suffered a slump in full-year profits and sales as the coronavirus crisis battered its top line.
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News
Walgreens poaches Starbucks’ Rosalind Brewer to succeed Pessina as CEO
Walgreens Boots Alliance has appointed Starbucks chief operating officer Rosalind Brewer to succeed Stefano Pessina as the group’s chief executive.
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Opinion
Jace Tyrrell: ‘Oxford Street will recover, but it needs to evolve to prosper’
Reports of the death of Oxford Street, and the UK high street more generally, have been greatly exaggerated. But to ensure its future, the district must look to diversify its retail offering in order to truly thrive.
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News
EG Group appoints Lord Rose as new chair
EG Group, whose owners are buying grocery giant Asda, has appointed retail veteran Stuart Rose as its new chair to address issues with its corporate governance.
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News
Retail Connected 2021: Global insight from Walgreens, Levi’s and Shopify
More than 100 speakers from around the world, including leaders from Walgreens Boots Alliance, Adidas, Levi’s, Shopify and Asda, will take to the virtual stage at our new digital event in April.
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News
Hotel Chocolat sales climb as digital initiatives accelerated
Hotel Chocolat has reported strong sales growth over Christmas after speeding up the pace of digital change in the face of the Covid-19 pandemic.
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Opinion
‘As Debenhams exits, Oxford Street must learn from Paris’ radical reinvention’
Another one bites the dust.
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News
Brexit: M&S warns of tariff impact as NI supermarkets struggle with supply
Marks & Spencer today warned that its EU businesses would be “significantly impacted” by new red tape and tariffs under the Brexit deal, while supermarkets in Northern Ireland are struggling with shortages.
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News
eBay £7bn advertising deal faces CMA probe
Online marketplace eBay is facing an investigation by the UK markets watchdog over the proposed £7bn sale of its advertising arm to a Norwegian firm.
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News
Online fashion retailer Mytheresa reveals IPO plans
Fashion etailer Mytheresa has unveiled plans for a Wall Street IPO.
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Gallery
In pictures: New stores that brought the wow factor in lockdown year
2020 may be more synonymous with shuttered stores but it did bring us some eye-catching new shops. Retail Week rounds up some of the best to whet your appetite
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News
Supermarkets to airlift fruit and veg to UK to avoid stock shortages
Grocery retailers and suppliers are planning to airlift fresh produce into the UK after Christmas in a bid to prevent stock shortages in stores.
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News
Beijing launches antitrust probe into online titan Alibaba
Beijing has launched an antitrust investigation into ecommerce titan Alibaba as part of a crackdown on monopolistic behaviour in China’s booming online market.
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News
Tesco reintroduces purchasing limits on certain products
The UK’s largest grocer Tesco has reintroduced customer purchasing limits on several products, following a spate of stockpiling after the ports closed.
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News
Boohoo mired in fresh controversy over Pakistani factory conditions
Boohoo has again been embroiled in controversy over conditions for workers within its supply chain, with allegations of underpayment and exploitation emerging from Pakistan.
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Retail Voice
Three tips to avoid fines and boost profits selling in the USA
2020 has been a heck of a year but further challenges lie ahead as the pandemic continues to take its toll and retailers attempt to manage restrictions.