Germany
This coverage explores UK retailers’ strategies and activities in the German market, focusing on store openings, partnerships, consumer trends, and market entry or expansion plans. Reporting highlights how businesses adapt to Germany’s retail landscape and regulatory environment — providing insight for executives, managers, and professionals overseeing international growth and operations.
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Sep- 2022 -27 SeptemberAnalysis
Could Selfridges succeed where others have failed?
UK high streets have been on the decline for many years now, having lost 83% of all department stores nationwide in the past five years alone. Unsurprisingly, the departure of these businesses has left gaps in trade within high streets. It was reported that 50 shops a day closed their…
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20 SeptemberDepartment Stores
Selfridges’ owners eye first regional UK expansion in 20 years
Central Group Europe, Selfridge’s operating company, is said to be targeting regional cities in the UK for the first time in 20 years, according to the Financial Times. The luxury department store group currently operates from Oxford Street in London, as well as one store in Birmingham and two in…
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2 SeptemberSupermarkets
Motatos raises €38m to fund UK expansion
Discount supermarket Motatos has announced it has raised €38m (£33m) through a new share issue to existing shareholders. The financing round was jointly led by Exor Capital and the company’s largest owner, SEB Private Equity. The new funds will be used to accelerate growth in Motatos’ key markets of Germany…
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Aug- 2022 -19 AugustM&A
Central Group and Signa Holdings complete Selfridges acquisition
Central Group and Signa Holding have completed the acquisition of Selfridges Group from the Weston Family in a deal that is thought to be worth around £4bn. Following the news of the acquisition in December 2021, Selfridges Group portfolio, which comprises 18 stores under four banners in three countries, namely…
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9 AugustGovernment
Retail Jobs Alliance calls on next PM to reduce business rates
The Retail Jobs Alliance, a coalition of retailers including Morrisons, Greggs and Tesco, has called on both Rishi Sunak and Liz Truss to pledge to cut business rates, which it said were “killing our high streets”. The group, also consisting of Co-op, Kingfisher,, RivingtonHark, Sainsbury’s, and Waterstones, said it feared…
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Jul- 2022 -21 JulyNews
Frasers Group swings to profit but warns of economic headwinds
Frasers Group has reported a “record-breaking” year with pre-tax profits surging to £344.8m in FY22, up from a loss of £39.9m in FY21, despite “significant” economic headwinds and challenges across the sector. Group revenues also increased 30.9% year-on-year from £3.62bn to £4.74bn, as the company recovers from Covid-19. However, Frasers…
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21 JulyClothing & Shoes
Gym & Coffee raises €17m from Castlegate to fund UK expansion
Athleisure brand Gym and Coffee has revealed it has secured €17m (£14.5m) in new funding led by Castlegate Investments, with additional funding from West.Ventures, a Palo Alto, CA investment and marketing firm. It said the latest investment will allow Gym and Coffee to propel its growth into new markets like…
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Jun- 2022 -28 JuneSport & Leisure
Former Boots CEO seals merger deal to form Sportscape Group
Bridgepoint Development Capital, and Bd-capital has announced its merger of Private Sport Shop and SportPursuit, to form Sportscape Group, an e-commerce platform and community focused on sports and outdoor retail. Sportscape will retail brands such as Berghaus, Canterbury and Garmin at discounted prices, with a focus on snowsports and cycling.…
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23 JuneHigh Street
Gilly Hicks to open new store in Carnaby
Gilly Hicks, a brand in the Abercrombie and Fitch portfolio, has announced the opening of its new store located at 39 Carnaby Street, in the heart of London’s busiest shopping district. The new store opening is a part of the brand’s growth strategy, which includes an “expanded product assortment, digital…
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14 JuneSupermarkets
Gorillas announces launch of own-brand items
Gorillas has announced the launch of four proprietary private label brands, which include Gorillas Daily, Gorillas Premium, Hot Damn! and <start-up beer> in its key European markets of Germany, France, the UK, and the Netherlands. These labels will reportedly offer an assortment of around 50 products in 11 of the…
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