Italy
This coverage focuses on UK retailers’ activities and strategies relating to the Italian market, including store openings, partnerships, consumer trends, and market entry or expansion efforts. Reporting examines how businesses adapt operations to Italy’s retail landscape — providing insight for executives, managers, and professionals overseeing international growth and cross-border retail strategy.
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Apr- 2020 -27 AprilBusiness Bites
Lockdown to persist says Johnson, clergy weigh in on behaviour of corona-corporations
The PM is back at his desk and says the lockdown must continue for the foreseeable future, and it would be premature to consider lifting now. After having been struck down with COVID-19 himself – and ending up in intensive care – the premier has finally convalesced and spoke from…
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21 AprilClothing & Shoes
Clothing and footwear market forecast to decline by £14bn
The UK clothing and footwear is anticipated to plummet in 2020, falling 26.1% versus 2019, a loss of around £14bn according to data analytics company GlobalData. The firm predicts that with clothing stores expected to gradually reopen in June, footfall will remain low as consumers will be “cautious” about visiting…
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Mar- 2020 -23 MarchCoronavirus
PM bans ‘non-essential retail’, instructs public to stay at home
The UK public are only allowed to venture out of their homes for essential supplies and one exercise outing per day, or face fines, under new measures introduced this evening by the prime minister. In a recorded address filmed in No 10 Downing Street, Boris Johnson said the police will…
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19 MarchAnalysis
Huge increase in online sales across Italy offers hope for struggling retailers in the UK and Ireland
Global financial markets continue to suffer from the impact of coronavirus, with economists predicting the slowest rate of global growth since 2009. However, the current lockdown taking place in Italy has actually instigated a significant boom in e-commerce sales. With people quarantined at home, and schools, universities, theatres, cinemas, museums,…
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17 MarchAdvice
Bracing for coronavirus’ impact on supply chain and e-commerce
As the coronavirus continues to spread across continents, new ramifications of the deadly outbreak are being revealed daily. Supply chain distribution With the quarantine of Wuhan, China, and more than a dozen other cities in a region known as a manufacturing hub, more than 45 days of manufacturing have been…
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17 MarchClothing & Shoes
H&M sales increase despite being ‘negatively impacted’ by Covid-19
Fashion retailer H&M has reported a rise in sales in its first-quarter results, despite being “negatively impacted” by the outbreak of Covid-19. For the period ended 1 December 2019, H&M reported an 8% increase in net sales to SEK 54,988m (£46,609m) compared with £51m in the year prior. H&M said…
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16 MarchClothing & Shoes
Primark owner shares dive after it warns of coronavirus impact
Primark owner Associated British Foods (ABF Foods) has seen its shares dive in early trading after it announced that the closure of its European stores due to coronavirus could leave a hole of £190m in sales. Shares in the company dropped by 100% this morning (16 March) to £0.01p per…
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10 MarchAnalysis
Banks to help us all out with coronavirus fallout
Once again the business pages on all major news outlets are pretty much dominated by the developing story of coronavirus – every sector has some kind of tale to tell. So here is the roundup from today. RBS said it will allow mortgage holidays for people who are forced to…
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4 MarchComment
Mitigating the risk of coronavirus to UK supply chains
As manufacturers and retailers run down their ‘pre-Brexit’ stockpiles, pressure on warehouse space in the UK may appear to be tempered for the moment – although there can be little doubt that there will be another ‘cliff-edge’ event at the end of the year as the EU-UK trade talks approach Boris’ deadline.…
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3 MarchBusiness Bites
Coronavirus is stepping up a gear – this could be serious
When I started this column back in December I did not anticipate a single subject would dominate it so much, but as I wrote last week it would be silly not to address the latest coronavirus circumstances given that each new development so far has had a profound impact on…
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