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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May- 2023 -18 MayHigh Street
Pepco continues international expansion
Pepco has announced that it is set to launch in Portugal following its successful launch in Spain. The Poundland owner is set to open a new store in Coimbra on 18 May followed by new openings in Albufeira and Olhão during May 2023. The brand will also set up stores…
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11 MayNews
Roberts Radio appoints new CEO
British audio brand, Roberts Radio, has recently appointed Owen Watters as its CEO, returning to the business in a role he had previously held for six years. Watters joins Roberts from Hama UK, where he was managing director. Prior to that, he had already worked at Roberts for 14 years,…
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4 MayClothing & Shoes
Hugo Boss reports sales up 25% to €968m
Hugo Boss has reported that its sales increased 25% to €968m (£850.8m) during the first quarter of the year, compared with €772m (£678.5m) in Q1 2022. The German retailer attributed the year’s strong results to its ‘Claim 5’ strategy’s “consistent implementation”, which gave the business “considerable momentum throughout the quarter.”…
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3 MayOnline & Digital
AYBL To Grow: £30m athleisure brand saves 1,000s of hours with Inventory Planner
Key facts Shopify-powered women’s activewear brand that’s experienced 360% growth to reach a revenue of £30M Uses Inventory Planner to accurately forecast demand, automate and streamline purchasing and make data-driven decisions that support growth Impact: 100 hours a month reclaimed, three hires saved, excess stock eliminated and more “Inventory Planner…
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Apr- 2023 -25 AprilHigh Street
Primark H1 sales rise 19% to £4.2bn
Associated British Foods (ABF), Primark’s parent company, has revealed that sales rose at the high street fashion retailer by 19% to £4.2bn in the half-year ended 4 March 2023. According to ABF, Primark’s adjusted operating profit also reached £351m with a margin of 8.3%, due to strong like-for-like sales that…
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20 AprilHigh Street
WH Smith revenues soar 41% amid rebound in travel
WH Smith has welcomed a strong performance in the first half of the year, with revenues rising by 41% to £859m, in part boosted by strong momentum in its Travel division, where revenues were up by 75% against the prior year. The group’s global Travel business benefited from a “significant”…
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5 AprilSponsored Articles
Furniture brand boosts revenue by 20% with clever planning technology
Key facts Online-only DTC e-commerce merchant specializing in high-end, flatpack furniture, established in 2015 Uses Inventory Planner for real-time forecasting, intuitive buying recommendations and daily inventory reporting Impact: Sales revenue boosted by 20%, £200K saved on stock holding, cash flow protected, overstock eliminated Sales growth of 95% over the last…
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3 AprilClothing & Shoes
Esprit posts HK$664m FY22 loss
Esprit has reported a loss of HK$664m (£68.4m) as its 2022 revenues decreased to $7.1m (£856m), marking a 15% decline over 2021, according to its results for the period ending 31 December 2022. It said that “the unfavourable economic environment” in Germany and the rest of Europe resulted in a…
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Feb- 2023 -3 FebruaryComment
After a tough golden quarter, can Asos reclaim its crown?
The most recent golden quarter came as something of a pleasant surprise to the market. Across the retail sector, companies rejoiced as sales bounced back in the first Christmas period that was not disrupted by virus variants. Of course, the period was not without its tribulations. Businesses were still hit…
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Jan- 2023 -13 JanuaryPeople Moves
Card Factory appoints new CFO
Card Factory has announced the appointment of Matthias Seeger as its new chief financial officer. He is expected to take up his new role in May 2023. Seeger has been CFO of Ambassador Cruise Line Limited since February 2022, having previously been CFO of Costcutter Supermarkets Group from September 2015…
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