France
This coverage focuses on retail developments in France that are relevant to UK retail professionals, highlighting market trends, store openings and closures, cross-border strategies, leadership moves, and regulatory changes. Reporting provides insights into how French retail dynamics influence and intersect with UK businesses, supporting managers and executives monitoring international opportunities and challenges.
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Apr- 2022 -22 AprilDIY
B&M CEO to step down after 17 years
B&M has announced that Simon Arora, the chief executive officer (CEO) and director of the company, will retire from his role after over 17 years leading the business. Arora will exit in 12 months’ time, and B&M said that over the coming year, he will remain “fully committed” to the…
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21 AprilClothing & Shoes
Hugo Boss to launch premium resale platform
Hugo Boss is set to launch its premium resale platform in the third quarter of 2022 where customers can buy pre-owned items. It will first be launched in France, with the platform planned to expand to Germany, the UK, and the US in 2025. The platform, ‘Hugo Boss Pre-Loved’ will…
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Mar- 2022 -25 MarchOnline & Digital
Morrisons announces delivery partnership with Gopuff
Morrisons has announced a multi-year partnership with Gopuff, the goods and food delivery company, which will see the supermarket’s fresh food, own-brand and branded products available to customers on the Gopuff platform. The partnership launches today and customers across the UK can order food and grocery items from Morrisons for…
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22 MarchDIY
Kingfisher hails ‘record’ year as profits surge 20.9%
Kingfisher has reported “record” revenue and profits for the year ending 31 January 2022 as adjusted pre-tax profits surged 20.9% year-on-year from £786m to £949m, reflecting higher retail profit and lower net finance costs. Total sales are up 9.9% to £13.18bn compared to £12.34m last year, and operating profit increased…
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Feb- 2022 -22 FebruarySport & Leisure
Angling Direct ups guidance following year of strong sales
Angling Direct has upped its full-year guidance following a full year of strong trading, expecting to report a 7.2% increase in revenue for FY22 to £72.5m, against FY21 sales of £67.6m, representing a 36.3% increase on a two-year basis. The group said this “strong performance” was achieved despite all of…
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17 FebruaryPeople Moves
Kingfisher announces leadership shakeup
Kingfisher plc has announced a number of senior management changes to strengthen its group executive team and support the delivery of the group’s strategy. Sebastien Krysiak, currently chief executive officer (CEO) of Castorama Poland, has been appointed to the new role of chief commercial officer, with effect from 4 April.…
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16 FebruaryClothing & Shoes
Reiss to widen online offering through Next Total Platform
Reiss is set to launch a new, revamped website through Next Total Platform, which will enable a host of service upgrades for its online customers. The site is set to launch tomorrow (17 February) and the brand said the site’s look and feel will “remain true to Reiss’ distinctive aesthetic”. …
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8 FebruaryClothing & Shoes
Frasers Group to open new Sports Direct flagship in Manchester
Mike Ashley’s Frasers Group has unveiled plans to open a 50,000sq. ft Sports Direct flagship in Manchester city centre, as part of the group’s strategic flagship roll out. The store will open in The Arndale shopping centre in late 2022 and will house Sports Direct, USC, Evans Cycles and Game…
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Jan- 2022 -25 JanuaryHigh Street
Gorillas enters discussion for international expansion
Gorillas, the on-demand delivery company, has entered into an exclusive discussion to acquire the French delivery firm Frichti, to allow for “immediate” access to curated, fresh and local products. Founded in 2015, Frichti has become a “national leader” in instant food and grocery delivery in France. It delivers fresh groceries,…
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21 JanuaryLuxury Goods
Hugo Boss hails 51% rise in sales amid ‘record’ quarter
Hugo Boss has reported its revenues increased year-on-year by 51% to €906m (£757m) in the fourth-quarter (Q4) of 2021, with sales up 55%. The revenue is a 12% increase from pre-pandemic levels, making Q4 FY21 “the most successful one in Hugo Boss’ history”. The company’s pre-tax profits for the full…
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