All International articles – Page 4
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News
Poundland owner weighs changes as it calls in advisers
The owner of UK value retailer Poundland has drafted in advisers to explore options to arrest the business’ slump.
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Analysis
TikTok’s future remains in limbo – if a deal to save it falls through, how could UK retail be impacted?
While TikTok and its Chinese-based owner ByteDance has been given a stay of execution by incoming American president Donald Trump, the hugely successful social media app is still facing an uncertain future. How could a potential ban affect UK retailers and social commerce brands who have made TikTok their home?
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Gallery
Gymshark makes ‘huge step’ with first store outside the UK
Sportswear giant Gymshark has opened its debut store in Dubai, marking its first permanent store outside the UK.
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News
Asos to ‘mothball’ US distribution centre to increase profitability
Asos has announced plans to close its main US distribution centre in the second half of the year and fulfil orders from the UK, which it says will increase profitability and improve speed to market for its products.
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Innovation of the Week
Alibaba’s AI search engine has grown to 500,000 users
Innovation of the Week is a series highlighting retail initiatives that have caught the eye of our team.
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News
Abercrombie & Fitch opens new London stores
Abercrombie & Fitch will open two new central London stores at Oxford Street and Covent Garden later in the month, as the US fashion giant continues its UK expansion.
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News
Uniqlo’s parent Fast Retailing is on track for another ‘record’ year as sales surge
Fast Retailing, the owner of fashion retailer Uniqlo, is on track for yet another “record year” as sales surged during the first quarter despite a sluggish performance in China.
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News
Mamas & Papas to open 20 new international stores after record golden quarter
Mamas & Papas is set to expand its international store footprint after reporting a ‘record golden quarter’ in which it hit a new UK market share peak.
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News
The Edit LDN founder has left the business after five years
Exclusive: Global trainer marketplace The Edit LDN’s founder and creative director Moses Rashid has exited the business, Retail Week can reveal.
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News
Brompton boss says bike industry ‘in turmoil’ as profits nearly wiped out
The chief executive of Brompton has said the industry is “in turmoil” and predicted that 2025 will be another tough year after profits nosedived.
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Feature
What will 2025 bring? Primark, Tesco, Amazon, Sephora and H&M bosses predict the year ahead
Looking ahead: What will shape retail in 2025? We’ve asked the top bosses in British retail to gaze into the horizon and give us their predictions for the industry’s next chapter.
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News
H&M has taken a minority stake in a Swedish retail technology platform
Fashion retailer H&M has become a minority stakeholder in Swedish retail technology platform Voyado as the company aims to build on its long-term strategy to enhance its capabilities
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News
Kingfisher has sold its Brico Dépôt Romania business
Kingfisher has agreed to sell its Brico Dépôt Romania business, after what it described as a “competitive process” to find a bidder.
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News
Temu has become the most downloaded iPhone app in the UK in 2024
Temu has topped the rankings as the most downloaded iPhone app in the UK in 2024 according to app store data released by Apple.
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News
Shein’s London IPO is facing further delays due to new supply chain questions
The approval of Shein’s IPO has been delayed due to unanswered questions around its supply chain and legal risks as a result of challenges by a new advocacy group for China’s Uyghur population.
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Analysis
American dreams: Why UK retailers are once again expanding across the Atlantic
In the past, the US has been a bit of a graveyard for British retailers; a land of almost limitless opportunities that few ever truly realise. However, with a number of brands heading stateside this year, is the American dream back on for UK retail?
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News
Frasers is seeking control of embattled Norwegian sports retailer
Department stores and sports goods group Frasers is seeking to take control of Norwegian sports specialist XXL, where it’s already the second biggest shareholder.
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News
Primark is creating 580 jobs with flurry of new international store openings
Exclusive: Primark has opened the doors to four new stores in four countries today in a bumper opening day for the fashion retailer as it continues to bolster its international store portfolio ahead of Christmas.
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News
Card Factory eyes up US expansion with Garven Holdings acquisition
Card Factory is set to enter the US market following the £20m acquisition of Garven Holdings.
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News
‘The Tories put the economy in a coma and Labour have turned the machine off’, says Frasers Group CFO
The chief financial officer of Sports Direct owner Frasers Group blamed the lack of consumer confidence in the run up to Christmas on the recent Labour Budget, which has “attacked a sector” in need of help.