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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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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Nov- 2019 -19 NovemberOnline & Digital
AO World closes Netherlands arm amid losses of £6.2m
AO World has reported an underlying loss of £6.2m compared to £5.4m last year, resulting in the business to pull out of The Netherlands, less than four years after its launch. The online electricals retailer’s half year report for the period ending 30 September stated a statutory pre-tax loss of…
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12 NovemberHigh Street
B&M profits plunge by 70% due to ‘disappointing’ German partner
Discount retailer, B&M has reported a 70% drop in profits from £59.5m to £32.3m during the first half of the year attributed to increased costs at its German Jawoll fascia. For the 26-week period ending 29 September, the retailer’s group adjusted profit before-tax decreased by 2.8% to £96m in comparison…
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Oct- 2019 -25 OctoberPeople Moves
Gant CEO to return to Adidas as executive board member
Sports fashion retailer Adidas has appointed Brian Grevy as an executive board member, responsible for global brands. Grevy returns to adidas from global clothing brand Gant, where he has held the position of CEO since June 2018 and was chief marketing officer from 2016 to 2018. At Adidas, Grevy led…
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Sep- 2019 -16 SeptemberHigh Street
Schuh to seek rental reductions
Footwear retailer Schuh has become the latest retailer to ask landlords for rent reductions across its retail estate, after it reportedly hired a consultant to explore money saving options. According to reports from The Times, the brand has brought in retail property consultants from Capa, to carry out a full…
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