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- 2021 -23 AprilPeople Moves
Hammerson names new chief development and repositioning officer
Hammerson has announced that Harry Badham has been appointed to the role of chief development and asset repositioning officer. Badham joins from AXA IM Alts where he was UK head of development. During his time here he led £3.5bn of “major” investment, development and repositioning projects from start to completion…
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15 AprilSupermarkets
Tesco adds independent non-executive directors to board
Tesco has announced that Thierry Garnier and Bertrand Bodson will join the board as independent non-executive directors with effect from 30 April and 1 June 2021, respectively. In addition, from those dates, Garnier will also join the remuneration committee whilst Bodson will join the corporate responsibility committee. Garnier has been…
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Mar- 2021 -22 MarchDepartment Stores
Former Ikea execs face prison over espionage allegations
Ikea is appearing in court for allegedly spying on its customers and employees, as two of the group’s former chief executives face up to 10 years in prison. The group’s French subsidiary could receive fines of up to £3.2m after being accused of paying for illegal access to police files.…
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Feb- 2021 -24 FebruarySport & Leisure
Angling Direct sees revenue soar by 27%
Fishing tackle and equipment retailer Angling Direct is expecting to report a 27% increase in revenue to £67.6m for the financial year which ended 31 January, ahead of announcing its final results on 11 May 2021. In a trading update, the retailer reported a strong performance from its online store…
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24 FebruaryClothing & Shoes
Gap battles landlords in bid to shutter stores
Gap is reportedly battling its landlords ahead of plans to “hand back the keys” to all its UK stores this July, according to the Times. The group first announced it was considering the possible closures of company-operated stores in the UK, France, Ireland and Italy at the end of Q2…
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5 FebruaryOnline & Digital
ManoMano doubles sales volume to over £1bn
ManoMano, an online DIY marketplace, saw its global business volume climb to £1.05bn last year, with its UK sales tripling to £105m. As a result of the spike in company-wide revenues, which more than doubled, the group is targeting an expansion strategy across Northern Europe. According to Christian Raisson, co-founder…
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Jan- 2021 -22 JanuaryPeople Moves
EG Group appoints Lord Stuart Rose as chair
The Issa Brothers’ EG Group has announced the appointment of Lord Stuart Rose as non-executive chairman with immediate effect. Lord Rose is currently chairman of Ocado plc, a post from which he will retire in May after more than eight years as chair. He previously served as chief executive and…
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21 JanuaryOnline & Digital
Eve Sleep exceeds expectations in 2020
Eve Sleep has announced that full-year trading has exceeded expectations, with total revenue up by 6% to £25.5m, boosted by 18% growth in its second half of trading. It comes as the retailer said it has “exited 2020 in far better shape than it entered the year”, having developed a…
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18 JanuaryClothing & Shoes
Uniqlo reports 7.2% revenue decline
Fast Retailing, the parent company of Uniqlo, has revealed the high street fashion brand’s year-on-year revenue for the quarter ended 30 November 2020 fell by 7.2%. A large profit rise in Asia alongside steady e-commerce expansion did result in a £295m (9.5%) Q1 2021 increase to the firm’s global operating…
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Dec- 2020 -23 DecemberNews
Tesco limits sale of essential items
Tesco has limited the number of sales customers can make on essential goods such as toilet roll, flour, dried pasta, baby wipes and anti-bacterial wipes, with customers now only able to purchase three of each item. It is thought that the big four supermarket made the decision as part of…
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