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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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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Dec- 2022 -19 DecemberNews
Record Cyber Monday could signal last-minute Christmas shopping spree
International logistics provider fulfilmentcrowd believes that record Cyber Monday demand could signal a flurry of last-minute Christmas shopping and a boom in traditional Boxing Day and January sales. The company, which operates a network of 14 fulfilment centres and handles eCommerce orders for 500 retailers, reported a 27% increase year-on-year…
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12 DecemberHigh Street
Monsoon sales rise 43% in FY22
Monsoon saw its sales rise 43% to £258m and a strong gross margin performance of 5.3% that helped double the group’s EBITDA to £24.4m, a rise of 132%, for the financial year ended 31 August 2022. The fashion retailer’s results come as its like-for-like sales grew 105%, thanks in part…
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Nov- 2022 -25 NovemberOnline & Digital
Amazon workers to strike across globe this Black Friday
Amazon workers from over 30 different countries are set to strike today (25 November) on Black Friday, one of the retailer’s busiest days of the year. The movement has been formed by the Make Amazon Pay coalition, which is co-convened by UNI Global Union and the Progressive International. The coalition…
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Oct- 2022 -27 OctoberNews
Passenger named one of the UK’s fastest growing online companies
Outdoor clothing brand Passenger is gearing up for global expansion as it named one of the UK’s fastest growing online companies. The New Forest company – which plants a tree for every order sold – has seen sales more than quadruple from 2019 to £11 million in 2021 as, driven…
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