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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Jan- 2022 -11 JanuaryClothing & Shoes
The Very Group appoints non-executive chair
The Very Group has appointed Dirk Van den Berghe, former Walmart executive vice president and regional chief executive for Asia, as its non-executive chair. In his most recent executive roles with Walmart, Berghe was responsible for Walmart’s business in Canada, China, India and Japan. He also oversaw Walmart Global Sourcing,…
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Dec- 2021 -10 DecemberDIY
B&M to pay £250m to shareholders
B&M has announced that its board will pay out a total of £250m to shareholders after declaring a special dividend of 25.0p per share. It comes as the group welcomed a “strong” performance against pre-pandemic levels in its FY22 interim results on 11 November, with an ongoing evaluation of its…
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Nov- 2021 -19 NovemberDIY
Kingfisher profits to reach top end of forecast after strong Q3
Kingfisher believes its full-year profit will be at the top end of guidance after welcoming a strong sales performance in its third quarter of trading, with positive results seen across both its retail and trade channels on a two-year basis. Two-year LFL sales were up by 15% in the period,…
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12 NovemberHigh Street
B&M revenues hit £2.2bn despite ‘challenges’
B&M has revealed group revenues increased by 1.2% to £2.26bn – and up 26.8% on a two-year basis – during the 26-week period ending 30 September 2021. It said the performance comes as gross margin in its UK business was “particularly strong”, driven by a change in the sales mix…
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9 NovemberClothing & Shoes
Primark plans global expansion despite sales slump
Primark has seen like-for-like sales fall by 12% in its latest full-year results, as ongoing store closures and trading restrictions “inevitably” led to a “significant” loss of sales and profit in the period. While its parent group, Associated British Foods (ABF), said there was “no doubt” that Primark was “seen…
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Oct- 2021 -21 OctoberProperty
Hammerson rent collection hits 70% in Q4
Hammerson has revealed that rent collection has improved in its latest quarter, with 70% of rent now collected in Q4 to date. This is “significantly” ahead of any quarter since Q1 2020, when the effects of the pandemic were first felt. The UK continued to be the “strongest performer”, as…
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6 OctoberClothing & Shoes
Asos unveils new global ad campaign
Asos has unveiled a new “broad reach”, multi-territory advertising campaign that is set to target its core twenty-something female customers. The three-month, seven figure, high frequency activity will run across VOD, social and programmatic channels in the UK, France and the US. The campaign has been developed by ASOS Creative…
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Sep- 2021 -23 SeptemberHigh Street
Eve Sleep on course to meet expectations as rebuild strategy takes hold
Bed and mattress retailer Eve Sleep has revealed it is on course to meet its financial expectations for the year as its three-year rebuilding strategy starts to take hold. The retailer revealed that for the first six months of the year ending 30 June, it saw revenues increase 13% to…
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22 SeptemberHigh Street
Pret unveils £100m expansion plan despite losses
Pret A Manger has unveiled plans to double the size of its business within the next five years, as it looks to expand into five new markets by the end of 2023. In addition, the group plans to open around 200 new UK stores over the next two years alone,…
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21 SeptemberDIY
Home DIY boosts Kingfisher H1 profits to £677m
B&Q owner Kingfisher, has revealed that for the six months ending 31 July 2021, statutory pre-tax profits increased 70.6% to £677m from £398m the previous year. Total sales during the six-month period also increased by 19.9% to £7.1bn from £5.92bn in 2020 and was driven by strong demand for home…
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