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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Sep- 2024 -3 SeptemberClothing & Shoes
Mango appoints new ecommerce boss while expanding to 12 new markets
Mango has announced the appointment of Marlies Hersbach as its new e-commerce executive director as the fashion group has extended its online business by entering 12 new markets. The retailer has started to operate online in 12 countries, including Angola, Belize, Brunei, Equatorial Guinea, Gabon, Gambia, Honduras, Laos, Mongolia, New…
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Aug- 2024 -2 AugustClothing & Shoes
Hugo Boss sees profits and revenues fall in Q2
Hugo Boss has reported a 42% drop in operating profit (EBIT) to €70m (£59m) in Q2 2024 due to lower revenues in the three month period as well as higher operating expenses. Its sales also dropped by 1% to €1.01bn (£858.5m) and EBIT margin decreased by 490 basis points to…
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Jul- 2024 -30 JulyNews
What to expect at Europe’s 100% plant-based trade show
Leading plant-based manufacturers and solutions providers will form a comprehensive exhibition, covering everything from end products to packaging, ingredients and logistics. Here, attendees can source innovative plant-based products, gain inspiration, discover solutions for their business and network with other business owners. Exhibitors are travelling from around the world to demonstrate…
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16 JulyDepartment Stores
B&M revenues rise 2.4% in Q1 as new stores overperform
Value retailer B&M has reported that group revenues rose 2.4% during the first quarter to 29 June, due to its “disciplined” store opening programme across its three businesses – home, electrical and pet. During the period, B&M made “strong and profitable” progress on its UK store openings, with 19 total…
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10 JulyNews
Timpson CEO steps down to focus on new ministerial role
Timpson CEO James Timpson has stepped down from his role at the shoe repair chain company after being recently appointed as minister for prisons, parole and probation. In a statement shared on LinkedIn, his father Sir John Timpson CBE said that as a result of his son’s decision to focus…
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Jun- 2024 -11 JuneClothing & Shoes
White Stuff to launch wholesale arm in the US
White Stuff will be officially launching in the US this summer as part of its international expansion plans to double the size of its wholesale business over the next four years. The fashion retailer’s entrance into the US will be through several wholesale partners in Illinois, Indiana, Michigan, Iowa, Wisconsin…
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5 JuneHealth & Beauty
The Estée Lauder Companies completes acquisition of Deciem
The Estée Lauder Companies (ELC) has announced it has completed its acquisition of the Canadian-based, multi-brand company Deciem Beauty Group in a deal worth around $860m (£673m). ELC first invested in Deciem in 2017, increased its stake to become majority owner in 2021, and recently exercised its option to purchase…
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5 JuneHigh Street
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 2024. Furthermore, the group’s revenue jumped 10.1% to £5.5bn or 7.8% when excluding the 53rd week. Alongside this, the retailer posted an adjusted EBITDA of £629m, a 9.7% increase year-on-year…
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May- 2024 -30 MayClothing & Shoes
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 ended March, following weak demand in the US market. Throughout the year, revenues for the company fell by 12% to £877m, though DTC revenue rose by 2% to £533.1m, primarily…
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29 MayNews
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. Carson, who is leaving the retailer this summer, oversaw the £99m takeover deal of ScS by Italian retailer Poltronesofá in October 2023. Poltronesofá currently operates 167 stores in Italy, 106…
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