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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Mar- 2025 -28 MarchNews-In-Brief
Today’s news in brief-28/3/25
WHSmith has agreed to sell its high street retail arm to Modella Capital in a £76m deal, marking a significant shift for the historic brand. The acquisition includes around 480 stores across the UK, which will be rebranded as TGJones. WHSmith will retain its travel and international operations, including stores…
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28 MarchSport & Leisure
Decathlon appoints new CEO
Decathlon has announced the appointment of Javier López as the new chief executive officer. With 26 years of experience at the sporting goods retailer, López has held numerous positions within the company, in digital, logistics and retail. Most recently, he headed Decathlon Germany from 2012 to 2015, then served as…
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18 MarchFeatures
How will the pedestrianisation of Oxford Street benefit retail in the UK?
In the last few months, London Mayor Sadiq Khan announced that the city will be pushing ahead with long-discussed plans to pedestrianise Oxford Street. Long regarded as the shopping hub of the capital, Oxford Street has suffered in recent years with a number of retailers closing their doors on the…
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11 MarchClothing & Shoes
Mango turnover tops €3.3bn in 2024 amid record investment
Mango has hailed its “excellent” full-year results after turnover rose by 7.6% to €3.3bn (£2.8bn) in 2024, while net profit soared by 27% to €219m (£184m), in what the group has called the “best moment of its history” amid record investment. Over the period, full-year EBITDA rose by 19% to…
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6 MarchOnline & Digital
Temu earns high marks from top German consumer watchdog
Temu, the online marketplace, has received strong endorsements for its quality, data security, and customer-friendly returns in a recent evaluation conducted by Stiftung Warentest, Germany’s leading consumer testing organisation. Stiftung Warentest, known for its rigorous and impartial assessments, awarded Temu a “good” rating for its data handling and shopping experience.…
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6 MarchSport & Leisure
Adidas confirms 500 HQ roles to be cut as it lowers profit guidance
Adidas is set to axe 500 jobs at its headquarters in Herzogenaurach, Germany, in a bid to reduce operational costs and lower costs. The group which currently employs around 62,000 employees stated that it has worked with different departments and different processes and identified work streams how it can “reduce…
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Feb- 2025 -27 FebruarySupermarkets
EG Group profits surge 9% in FY24
EG Group has reported a 9% increase in EBITDA to $992m (£782.5m) in FY24 driven by significant contributions from its US and European divisions. Grocery and merchandise gross profit rose by 7% to $1.26bn (£994.1m), driven by a gross margin increase of 193bps to 31.1%. Meanwhile, foodservice gross profit was…
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26 FebruaryDepartment Stores
Angling Direct revenues surge 11.9% to £91.3m in FY 2025
Angling Direct, the omni-channel specialist fishing tackle retailer, has reported a 11.9% surge in £91.3m in FY 2025, driven by strong trading performance in the second half of the year despite the ongoing challenges in the broader consumer landscape. It comes as revenue in the UK business (stores and online)…
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17 FebruaryClothing & Shoes
West End loses out on £640m in sales due to tourist tax, NWEC says
West End retailers have reportedly lost around £640m in sales last year due to the lack of tax-free shopping for international tourists, according to New West End Company research. The losses rose by 60% last year from £400m in unrealised sales in 2023, and impacted some 600 businesses in the…
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Jan- 2025 -23 JanuaryHealth & Beauty
Revolution Beauty warns FY sales may fall by quarter
Revolution Beauty has warned of a 25% decline in sales for the financial year ending 28 February 2025 due to experiencing some “sales softness” in December 2024. The beauty retailer has defined FY25 a “transformational year” during which it has discontinued over 6,000 unproductive SKUs – around 75% of its…
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