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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Oct- 2023 -10 OctoberNews
Mamas and Papas expands in South East Asia
Mamas and Papas, the high street nursery brand, has announced a series of new partnerships with retailers in South East Asia as part of its ongoing international expansion. The company has signed multi-store supply agreements with MAP Active, a part of PT Mitra Adiperkasa TBK Group, a lifestyle retailer with…
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Sep- 2023 -29 SeptemberEconomy
UK households will have £3bn less to spend this Christmas, report finds
UK households are expected to have £3bn less to spend this Christmas compared with last year, according to new research from ecommerce delivery groups ShipEngine and ShipStation, in partnership with Retail Economics. It comes as high levels of inflation have “continued to erode spending power for many households as the…
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11 SeptemberNews
Discount Dragon acquires Motatos UK
Online discount supermarket Motatos has been acquired by the parent company of Discount Dragon for an undisclosed sum. The news comes after Motatos’ recent announcement that it is exiting the UK market with immediate effect. The Swedish retailer launched in the UK in June 2022 offering discounts on food brands,…
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Aug- 2023 -23 AugustNews
Getir to cut roles amid global restructuring
Getir, the ultrafast grocery delivery company, has announced a global restructuring to significantly increase “operational efficiency”, with plans to reduce its team and lay off almost 2,500 employees across its markets. The Getir network currently consists of roughly 23,000 people across five countries including couriers, pickers, and office employees. Following…
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16 AugustFeatures
Is sustainability the new black?
Recently, a German supermarket raised the prices of a selection of its products to reflect their real cost on people’s health and the environment. The awareness-raising campaign week was organised in collaboration with academics from the University of Greifswald and the Nuremberg Institute of Technology. It was inspired by consumer…
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1 AugustClothing & Shoes
Skechers reports record revenues in Q2
Footwear retailer Skechers has reported record quarterly sales of $2.01bn (£1.56bn), a YOY increase of 7.7%. For the 12 weeks ended 30 June, it saw sales increase 17.9% internationally and a 4.6% decrease domestically. Direct-to-consumer increased 29.1% and Wholesale decreased 5.9%. On a constant currency basis, sales increased 9.1%. Wholesale…
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Jul- 2023 -13 JulyLuxury Goods
Watches of Switzerland profits jump 23% to £155m
Watches of Switzerland has posted a 23% increase in profits to £126m, up to £155m, for the year ended 30 April 2023. The increase comes amid a 25% increase in revenues to £1.5bn compared with £1.2bn in 2022. For the UK and Europe specifically the retailer posted revenues of £890m…
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5 JulyElectrical
AO returns to profit in FY23
Electrical retailer AO World has achieved statutory profit before tax of £7.6m for the year ended 31 March, compared with the £10.5m loss recorded the previous year. The group also reached an adjusted EBITDA of £45m, achieving an adjusted EBITDA margin of 4%. This comes as the group exited some…
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Jun- 2023 -9 JuneSupermarkets
EG Group to amend and extend loan following Asda deal
Retail and petrol forecourt company, EG Group, has announced that it will seek to amend and extend its banking loans following the sale of its UK operations to Asda’s Issa Brothers. This three-year amendment and extension will reportedly apply to the group’s remaining $3.4bn (£2.7bn) of term loans due in…
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May- 2023 -22 MaySport & Leisure
E-bike brand Cowboy launches retail partner network
E-bike brand Cowboy has announced the launch of its retail partner network with independent bike shops across Europe. The brand said the launch will increase its retail and service presence, strengthening its omni-channel approach by complementing its current online sales channels, brand stores and mobile network of mechanics and test…
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