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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Jul- 2020 -9 JulyOnline & Digital
OnBuy preps for global expansion
OnBuy has announced it will launch globally this summer, after securing a £5m investment. It comes as the online marketplace said it has seen “record sales” increase by 1100% in the past year, and now expects to be turning over £2bn in sales by 2024. The retailer said it will…
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May- 2020 -18 MayCoronavirus
Nike warns on subdued Q4 results amid Covid-19 lockdown
Sport fashion retailer Nike has warned this its fourth quarter sales will be impacted by the Covid-19 lockdown. Since mid-March, the vast majority of Nike-owned and wholesale partner stores outside Greater China and South Korea have been completely closed in order to protect the health and safety of staff and…
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Mar- 2020 -11 MarchHigh Street
B&M completes £11m disposal of German business
B&M European Value Retail has announced the completion of its German business disposal following a strategic review of the business. The group’s 80% controlling stake in the business was sold for €12.5m (£10.8 m) to a purchasing consortium led by AC Curtis Salta. The consortium also includes Wiebke Stern, Sebastian…
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3 MarchBusiness Bites
Coronavirus is stepping up a gear – this could be serious
When I started this column back in December I did not anticipate a single subject would dominate it so much, but as I wrote last week it would be silly not to address the latest coronavirus circumstances given that each new development so far has had a profound impact on…
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Feb- 2020 -24 FebruaryAnalysis
Global stocks react badly to coronavirus update
It looks like efforts to contain the coronavirus outbreak have not been entirely successful, and stock markets around the world are now beginning to react more profoundly than before. The FTSE 100 was down almost 3.3% at the time of writing, from 7,403 points to 7,159. For those not familiar…
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14 FebruaryAnalysis
German stagnation, Javid out, RBS gets environmental, Norton no-show
The German economy has stagnated due to significant falls in spending and exports. New figures show that GDP ‘flat lined’ (financial jargon for neither growing nor contracting) in the final quarter of 2019, bad news since economists and analysts had hoped that it would grow about 0.1%. It means Germany’s…
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Jan- 2020 -29 JanuaryAnalysis
British Airways gets flighty and Starbucks smells the coffee over coronavirus
The business response to the coronavirus situation, which appears to be developing into a serious crisis, continues apace today. British Airways today announced that it was suspending all flights between the UK and Wuhan, the Chinese city where the virus originally broke out. In a statement it said: “We have…
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28 JanuaryAnalysis
Coronavirus dampens markets but boosts mask producers
Some years ago Bill Gates was asked in an interview what future scenario it was that kept him awake at night. To the surprise of the interviewer, he did not say climate change, or financial collapse, or nuclear war. He said he most afraid of the next major pandemic, in…
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21 JanuaryAnalysis
Global CEOs and the IMF reckon the UK is about to have a good year
It’s not often there is some incontrovertibly positive news about the economy, but today we’ve had some. Audit and business advisory firm PwC has polled 1,600 chief executives, and found that they think the UK is the fourth most important target in the world for companies looking to make investments.…
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3 JanuaryBusiness Bites
Volkswagen’s unceasing nightmare is a lesson in honesty
Readers will recall the scandal surrounding faked emissions tests conducted by the car-making giant, Volkswagen, in recent years. In case you have forgotten, the controversy surrounded the manufacturer’s attempts to depress the emissions readings on regulatory testing of its vehicles in order to artificially meet the standards on CO2 that…
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