Expansion
This coverage examines retail expansion strategies and activities within the UK market. Reporting highlights store openings, market entry plans, international growth, investment in new formats, and leadership decisions driving growth. With a focus on commercial opportunities and competitive positioning, it provides insights for executives and managers overseeing strategic development and operational rollout.
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Nov- 2024 -26 NovemberClothing & Shoes
Next triples presence at Bluewater with new upsized store
Next is growing its presence at Bluewater Kent by tripling its footprint at the shopping centre. The retailer will relocate into one of its largest stores in the UK as brands increasingly look to invest in the best locations. Next is upsizing from its existing 44,600 sq ft store into…
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26 NovemberClothing & Shoes
Represent sells minority stake to investment firm True
Luxury brand Represent has sold a minority stake to investment and innovation firm True to accelerate its growth and global expansion. To help continue the brand’s success, True is also leveraging its experience in the consumer and retail sectors to accelerate growth across the world, channels, and categories — starting…
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21 NovemberComment
Third spaces: The changing face of retail outlets
Nicky Lovell, Head of Outlets and Retail Business Development at Global Mutual, embodies the transformation of retail over the past few decades. From her beginnings as a buyer at Selfridges to leading a portfolio of outlet centres across the UK, Lovell has witnessed and influenced the evolution of shopping destinations,…
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21 NovemberSport & Leisure
JD Sports to hit low end of guidance amid ‘volatile’ October
JD Sports has said it expects its full-year profits to hit the lower end of its £955m to £1.035bn guidance, as the retailer’s sales fell by 2.4% in the third quarter to 2 November. While the group saw “increased trading volatility” in October, particularly in the UK and North America,…
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20 NovemberNews-In-Brief
Today’s news in brief-20/11/24
Ted Baker has re-entered the online retail scene with a UK-exclusive ecommerce platform following its financial collapse earlier this year. The site is operated by United Apparel and Legwear (ULAC), appointed by Authentic Brands Group, which owns the brand. European versions are in development. This marks a strategic pivot after…
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19 NovemberNews-In-Brief
Today’s news in brief-19/11/24
Morrisons has achieved a significant reduction in its debt, cutting it by £2.4bn as part of a major restructuring. Since the start of 2023, the supermarket’s debt has dropped from £6.2bn to £3.8bn, supported by a £370m ground rent deal with Song Capital. The restructuring extended Term Loan Facilities to…
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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…
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19 NovemberHealth & Beauty
Revolution Beauty profits rise to £3.9m despite 20% drop in sales
Revolution Beauty has reported an 18% rise in adjusted EBITDA to £3.9m for the six months ended 31 August 2024, despite a 20% drop in sales from £90.4m to £72.4m. The decline in group revenues were driven by the planned simplification of the product portfolio and the discontinuation of unproductive…
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18 NovemberNews-In-Brief
Today’s news in brief-18/11/24
Sephora is poised for an ambitious UK expansion, planning 20 new stores by 2027, doubling its physical footprint. CEO Guillaume Motte attributes renewed confidence in the UK market to an improved competitive landscape. The brand, which re-entered the UK in 2022 after a 17-year absence, currently operates six stores, with…
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18 NovemberClothing & Shoes
AllSaints set to continue global expansion with new store openings
AllSaints, the global contemporary fashion brand, is set to continue to expand globally with the opening of new stores in the UK, United States, Europe and Asia. In London, the brand is set to open a new store on Brompton Road on 22 November. AllSaints has also expanded its reach…
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