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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Mar- 2025 -6 MarchOnline & Digital
Temu earns high marks from top German consumer watchdog
Temu, the online marketplace, has received strong endorsements for its quality, data security, and customer-friendly returns in a recent evaluation conducted by Stiftung Warentest, Germany’s leading consumer testing organisation. Stiftung Warentest, known for its rigorous and impartial assessments, awarded Temu a “good” rating for its data handling and shopping experience.…
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Feb- 2025 -27 FebruarySupermarkets
EG Group profits surge 9% in FY24
EG Group has reported a 9% increase in EBITDA to $992m (£782.5m) in FY24 driven by significant contributions from its US and European divisions. Grocery and merchandise gross profit rose by 7% to $1.26bn (£994.1m), driven by a gross margin increase of 193bps to 31.1%. Meanwhile, foodservice gross profit was…
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26 FebruaryProperty
Hammerson rental income falls as it slashes net debt
Hammerson has seen its gross rental income fall from £208m to £189m for the year ended 31 December 2024. As a result, the company posted a loss of £526m, up from a £51m loss in the previous year, with the company putting £497m of this loss down to impairment in…
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24 FebruaryPeople Moves
B&M CEO to retire as group lowers FY guidance
B&M has revealed that chief executive Alex Russo will retire on 30 April, as the group announced it has lowered its profit guidance for FY25 once again to a range of £605m to £625m. The group said the lowered guidance reflects the “current trading performance of the business, an uncertain…
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18 FebruaryNews-In-Brief
Today’s news in brief-18/2/25
Shein has maintained strong growth despite recent challenges, including the US removing duty-free status for low-value ecommerce packages from China and increasing tariffs. Executive chairman Donald Tang reassured investors in a letter, emphasizing the company’s ability to offer affordable fashion and lifestyle products. Tang also expressed support for de minimis…
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18 FebruaryPeople Moves
Tesco appoints new wine product development manager
Tesco has announced that Beth Kelly, a Master of Wine (MW), has joined the supermarket’s wine team as wine product development manager. Previously a buying manager at Majestic Wine, Kelly will be responsible for France and South Africa across both still and sparkling wines. With over 20 years of experience in…
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17 FebruaryNews-In-Brief
Today’s news in brief-17/2/25
Marks & Spencer has reinforced its international operations with three senior hires to drive its global growth strategy. Manish Kapoor, formerly of Pepe Jeans, joins as Managing Director for M&S India, while Victoria Jones, ex-Clarks executive, steps into the role of International Commercial Director. Richard Davies, previously Head of Category…
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Jan- 2025 -23 JanuaryClothing & Shoes
Primark lowers FY guidance amid weak UK autumn trading
Primark has lowered its sales outlook for 2025 after the UK reported weak sales amid a “challenging retail environment” over the autumn period. In the UK and Ireland, which accounted for 45% of trading, like-for-like sales fell by 6% in the 16 weeks to 4 January 2025. In the UK…
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22 JanuaryLuxury Goods
Mytheresa nominates Richemont CFO to board
Mytheresa has nominated Burkhart Grund, the chief financial officer of Richemont, as its new supervisory board member, subject to the completion of its Yoox Net-A-Porter (YNAP) takeover.The proposal is set to be voted on by shareholders at an extraordinary general meeting on 6 March, 2025. Last October, Mytheresa and Richemont…
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10 JanuaryFeatures
From comedy to commerce: Vix Leyton on the data that drives retail
In the fast-paced, data-driven world of retail analytics, Vix Leyton, Head of Content at Pepper.com, stands out for her unique career journey and dual life as a stand-up comedian. In a candid interview, Leyton shared her insights on the industry’s evolution, the trends that defined 2023, and where the retail…
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