France

B&M posts profits of £498m

B&M has revealed that its statutory profit-before-tax rose 14% to £498m, up from £436m, for the year ended 30 March…

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Dr Martens to cut £25m in costs as full-year profits plummet

Dr Martens is targeting £25m in cost savings after its pre-tax profits plummeted 43% to £97m in the 12 months…

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ScS chief executive to step down

The chief executive of specialist furniture retailer ScS Steve Carson is stepping down from his role, City AM has reported. …

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Today’s news in brief-21/5/24

Zuber Issa is poised to acquire the UK arm of EG Group, a move indicating the Issa brothers’ business paths…

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B&Q owner holds guidance as UK&I outperforms European arms

Kingfisher has announced that it will be maintaining its profit guidance after Q1 sales at B&Q in the UK and…

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Frasers Group launches new digital infrastructure to enhance operations

Frasers Group has announced it is investing in enhancing its digital infrastructure to improve its retail operations and ecommerce experience…

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Zalando revenues hit €2.2bn in Q1

Zalando has seen revenues increase to €2.2bn (£1.8bn) for the first quarter of 2024.  Adjusted earnings before interest and tax…

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Retail bosses lose confidence in tax-free shopping return

Retail bosses have reportedly warned the government that the decision not to restore tax-free shopping for international tourists will have…

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Evolving brand and retailer partnerships in a mobile-first world

In today’s digitally-driven retail landscape where consumer expectations and behaviours constantly evolve, the onus is on brands to keep pace…

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Today’s news in brief-25/3/24

Former UK Chancellor Nadhim Zahawi is reportedly in discussions with online retailer The Very Group regarding the role of its…

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