Austria
This coverage examines retail business developments and market activity in Austria, with a focus on insights relevant to UK retail professionals. Reporting highlights store openings, market entry strategies, brand performance, and trends shaping Austrian retail. Designed for executives and managers evaluating international growth, competitive dynamics, and opportunities within Austria’s retail environment.
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Apr- 2020 -21 AprilClothing & Shoes
Clothing and footwear market forecast to decline by £14bn
The UK clothing and footwear is anticipated to plummet in 2020, falling 26.1% versus 2019, a loss of around £14bn according to data analytics company GlobalData. The firm predicts that with clothing stores expected to gradually reopen in June, footfall will remain low as consumers will be “cautious” about visiting…
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Mar- 2020 -16 MarchClothing & Shoes
Primark owner shares dive after it warns of coronavirus impact
Primark owner Associated British Foods (ABF Foods) has seen its shares dive in early trading after it announced that the closure of its European stores due to coronavirus could leave a hole of £190m in sales. Shares in the company dropped by 100% this morning (16 March) to £0.01p per…
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Aug- 2018 -15 AugustHigh Street
Former Co-op director claims she was fired over equal pay claim
The former HR director of the Co-op, Sam Walker, has claimed she was fired from the company after raising an equal pay claim three times with then CEO Richard Pennycook. According to a report by The Guardian Walker has warned that the retailer could be paying its male and female…
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May- 2018 -3 MayAnalysis
REPORT: Comparing the US and European retail sectors
Dire predictions of mass bankruptcies in the US retail sector in the face of the ecommerce revolution have come true in the so-called “retail apocalypse”. Changing consumer habits with the growing popularity of online shopping and increasingly easy delivery options have led to slack growth, if not declines in…
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Apr- 2018 -11 AprilClothing & Shoes
Asos enjoys 22% sales growth
Fashion giant Asos has generated retail sales growth of 27% for the six months to 28 February 2018. The UK had growth of 22% with strong international growth of 31%, despite a “challenging market”. The firm said “extra enhancements” such as a ‘try before you buy’ scheme had contributed to…
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