All International articles – Page 9
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News
Primark accelerates expansion in Portugal with €40m investment
Fashion giant Primark has announced it will invest €40m (£33.8m) into its Portuguese business, opening four new stores in four new cities.
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Data
The retailers ranked among the most valuable global brands
With consumer habits changing and new brands entering the retail space every day, Retail Week takes a look at the global brands deemed the most valuable in 2024, according to Kantar BrandZ.
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News
Kingfisher sets new decarbonisation targets for suppliers
Kingfisher has rolled out new decarbonisation targets for vendors, as the French retail giant looks to “help tackle climate change” and drive down its Scope 3 emissions.
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Opinion
‘In uncertain times, retailers must keep one eye looking beyond the UK’
Rishi Sunak is not right about much, in my opinion. But one thing he said in his speech calling the general election rang true – we live in the “most uncertain of times”.
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Data
Ranking: The top 10 celebrity fashion brands globally
With celebrity fashion brands on the rise, Retail Week looks at the top 10 businesses fronted by famous faces, according to the latest research
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News
White Stuff ramps up international expansion with US wholesale launch
Fashion retailer White Stuff has announced plans to launch in the US via its wholesale business.
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Analysis
Why the Red Sea has become retail’s nightmare before Christmas
The surging prices, lack of ships and disruption in the Red Sea hasn’t gone away. Now, as we enter the summer, retailers are beginning to worry about the knock-on effects for the run-up to Christmas.
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News
WHSmith ‘well positioned’ for summer as travel business booms
WHSmith has maintained its guidance and said it is “well positioned” ahead of the peak summer trading period as it continues to take steps towards being a “one-stop shop” for travel essentials.
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News
Getir running out of cash as rescue funding stalls
The founder of rapid delivery grocery app Getir is at odds with investors and is running out of time to agree a funding plan to keep the business afloat.
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Gallery
Inside Foot Locker’s first store in continental Europe
US sportswear retailer Foot Locker has opened a new concept store at the Westfield Les 4 Temps shopping centre in La Défense, Paris, marking its continental Europe debut.
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News
‘Dirty’ trainer brand plots biggest IPO of the year
An Italian luxury retailer famous for its ‘dirty’ trainers is plotting a float on the country’s stock market, which would be its biggest listing in at least a year.
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Analysis
Gu: What you need to know about Uniqlo’s trendy sister brand
While Japanese fashion giant Uniqlo continues to steal the spotlight across the globe, its sibling Gu has been flying under the radar. Retail Week takes a look at the rising brand to see whether the UK is in its plans to ‘go global’
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Retail Voice
The four hottest trends at World Retail Congress 2024
The theme of this year’s World Retail Congress was high-performance retail. Spencer Stuart asked its global retail team what topics were most pervasive during the conference and what they mean for retail leaders
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News
Temu group records massive surge in revenues and profit
Temu’s owner PDD Holdings has posted soaring profits and revenue for the first quarter ending March 31.
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News
TK Maxx owner TJX raises profit guidance as sales rise
TJX, parent company of TK Maxx, has raised its profit outlook following a boost in sales.
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Interview
Q&A: Jo Malone London’s global general manager on going after ‘untapped opportunities’
Retail Week sits down with Jo Malone London’s senior vice president and global general manager Jo Dancey to talk about all things perfume and signing British actor Tom Hardy as the face of its new advertising campaign
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News
Walmart ups guidance as sales rise in first quarter
US retail giant Walmart has posted a sales increase for the first quarter and upped its guidance as it continues to win over upper-income consumers.
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News
Watches of Switzerland sales hit by ‘minimal return’ of tourist shopping
Watches of Switzerland has reported flat sales for the full year of 2024 driven by a challenging trading environment and the “minimal return of tourist spending” in the UK.
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News
Miniso posts growth driven by global store expansion
Chinese general merchandise retailer Miniso has posted growth in revenue and profit as it continues to roll out stores at home and abroad.
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News
Zalando names new co-CEO as part of leadership shake-up
International fashion giant Zalando has announced a string of changes to its top team, to ensure “the effective execution” of its updated strategy, from September 1, 2024.