All International articles – Page 8
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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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News
JD 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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News
Amazon 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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Analysis
Next 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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News
Adidas 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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News
JD 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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News
Landlord 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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News
Hugo 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.
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Interview
Q&A: Ocado boss Tim Steiner on M&S, Getir’s UK retreat and listing in New York
Ocado Group boss Tim Steiner was in high spirits this morning after the business he founded posted a strong set of results for the first half of the year.
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News
Primark has named former Tesco and Whitbread exec as new COO
Primark has poached an executive from Premier Inn owner Whitbread for its new chief operating officer.
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News
Dyson is slashing its UK workforce by a third
Dyson plans to slash a third of its workforce in the UK as part of a global shake-up.
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News
Co-op and Walmart launch technology partnership
C-store specialist the Co-op has entered into a technology partnership with US retail giant Walmart, implementing its Store Assist online fulfilment technology.
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News
EU plans to impose customs duty may hurt Shein’s London float goals
The European Union’s plans to impose a customs duty on cheap goods would impact imports from online retailers and Shein’s London listing, The Guardian has reported.
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News
Mango is bringing its teen concept to the UK
Fashion retailer Mango is expanding its teen arm and kickstarting its international expansion of the teen brand with a launch in the UK.
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News
Nike lowers guidance as it turns in flat sales performance
Nike has lowered its guidance for the upcoming financial year as it has reported a flat performance in sales.
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News
H&M posts ‘best results for many years’ despite weather warning
Swedish fashion giant H&M has reported its “best results for many years” during the second quarter.
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News
Flying Tiger Copenhagen launches rewards app and ‘customer club’
Flying Tiger Copenhagen Club provides customers with loyalty benefits when they sign up through the app.
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News
Shein’s blockbuster London float in doubt
Shein may pull the plug on its highly anticipated £50bn London float amid growing criticism of the Chinese giant’s business practices in the UK, it has been reported.
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News
Space NK offloads US wholesale arm amid sale rumours
Space NK has sold its US wholesale arm to beauty platform PCA Companies as rumours swirl of a possible sale of the premium beauty chain, according to WWD reports.