Brexit
This coverage examines the impact of Brexit on the UK retail sector, with reporting on trade agreements, tariffs, supply chain disruptions, labour market changes, and regulatory adjustments. Insights are tailored to retail managers and executives assessing how post-Brexit developments shape operations, costs, and strategic planning within the industry.
-
Jan- 2025 -3 JanuaryFeatures
How to transform the world of cross-border e-commerce
In today’s interconnected world, cross-border e-commerce has become the lifeline for retailers looking to expand their markets, but the journey is often fraught with logistical, technological, and financial challenges. For Tony Preedy, Managing Director of Fruugo, simplifying this complex puzzle is the mission. Speaking to Talking Shop, Preedy shared how…
Read More » -
Nov- 2024 -19 NovemberNews
Julian Bambridge: Driving MPM Products to Global Pet Food Leadership
Julian Bambridge, Global CEO of MPM Products, has led the company through an extraordinary journey of growth and innovation. From its humble beginnings as a niche cat food company, MPM now serves over 40 countries with premium pet food. In a candid interview, Bambridge reflects on his career path, MPM’s…
Read More » -
6 NovemberComment
How detrimental has Brexit been for UK retail?
Brexit. The term alone conjures layers of complexity for UK retailers as they try to adjust to the changing tides of regulations, consumer behaviours, and economic challenges. Retail is a dynamic industry, historically resilient but now forced to adapt faster than ever. In an engaging conversation, Alexander Otto and Richard…
Read More » -
Oct- 2024 -25 OctoberFeatures
What are Digital Product Passports and how could they affect your business?
What are Digital Product Passports (DPPs)? A Digital Product Passport is the ability to attach a digital record to a product. At any given time, a DPP lets you pick up a product and understand where it comes from, what the carbon footprint is, maintenance instructions and the general life…
Read More » -
18 OctoberAnalysis
A look at Mulberry’s financial struggles and future prospects
Once a darling of the British fashion scene in the 2000s, Mulberry was a go-to accessory for trendsetters like Alexa Chung with its signature leather handbags, such as the Bayswater. However, the group is now grappling with a financial crisis, reporting a pre-tax loss of £34.1m for the year ending…
Read More » -
Mar- 2024 -20 MarchComment
How can the physical retail sector win its battle to survive?
It is well known that the high street is battling for survival. Insolvency statistics released this month show a 17% increase in company insolvencies compared to this month last year, with the retail sector particularly badly hit. With the closure of many Body Shop stores already confirmed this year, and…
Read More » -
18 MarchFeatures
10 regulations every retailer must follow
Operating a retail business in the UK entails complying with a comprehensive set of laws and regulations to ensure legal compliance, protect consumers, and uphold ethical standards. From consumer rights to employment regulations, understanding and adhering to these laws is crucial for retailers to thrive in the UK market. Here…
Read More » -
5 MarchFeatures
What are the effects of VAT taxes on the tourism industry?
The term “tourism tax” has recently been used to refer to taxes imposed on goods and services supplied to international tourists. Up until 31 December 2020, VAT-free shopping enabled international visitors in the UK to get a VAT refund on goods purchased in the UK, making them 20% cheaper. Recently,…
Read More » -
Feb- 2024 -1 FebruaryDIY
Ikea UK turnover hits £2.5bn as profits double in FY23
Ikea UK has seen turnover hit £2.46bn in FY23, with total sales up by 11.9%, as operating profits almost doubled from £49.6m to £111.2m. Trade was particularly boosted by click and collect purchases, which soared by 48% over the period. In addition, there were one million new visits to IKEA…
Read More » -
Jan- 2024 -12 JanuaryLuxury Goods
Fortnum & Mason sales up 17% in run-up to Christmas
Fortnum and Mason has welcomed a period of strong trading over the festive period, with year-on-year sales up by 17% in the five weeks ahead of Christmas, largely boosted by food and decorations. Over six million customers shopped with the retailer over the period, 30% more than the year prior,…
Read More »
