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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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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Aug- 2023 -14 AugustHigh Street
Tourist tax hits London spending despite rise in visitors
Despite tourist numbers continuing to recover in 2023, the spending gap has widened compared to pre-pandemic levels, according to new research from the New West End Company. The company said the data shows a situation that is “worsening quarter-on-quarter”, as awareness spreads on Britain’s tourist tax. It found that flight…
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Jul- 2023 -13 JulyClothing & Shoes
Mango sales surge 20% in H1
Mango, the Barcelona-based global fashion company, has revealed its turnover jumped 20% to €1.45bn (£1.24bn) in the first six months of the year. The performance comes as the company’s online sales increased almost 10% compared with the same period the previous year. Up until 30 June, the company’s online business…
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Jun- 2023 -19 JuneClothing & Shoes
Fanatics acquires Fexpro to expand business in Latin America
Fanatics, a global digital sports platform and provider of licensed sports merchandise, has completed its acquisition of Fexpro, a leading wholesaler of licensed sports and branded apparel serving Latin America. Headquartered in Panama with a presence across Latin America, Fexpro is a preferred licensee for several major US sports leagues…
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6 JuneClothing & Shoes
Pepco profits dip despite revenue surge
Pepco has reported a 6% decrease in profit before tax from €144m (£124m) down to €134m (£115m) during the six months ended 31 March 2023. Despite this the company saw a 22% increase in its revenue from €2.4bn (£2.07bn) to €2.8bn (£2.41bn) on a constant currency basis. The retailer put…
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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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4 MayNews
Farfetch launches Reebok partnership
Farfetch, the leading global platform for the luxury fashion industry, has recently launched its European partnership with Reebok, following its acquisition in 2022. The partnership is being managed by New Guards Group (NGG), a wholly owned Farfetch company. NGG has formed a new division, NGG++, to operate the Reebok brand…
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Mar- 2023 -31 MarchClothing & Shoes
Prada recruits 400 staff to boost production
Prada Group has announced its plans to recruit over 400 people by the end of 2023, to strengthen its production capacity and craftsmanship expertise in Italy. Prada said that the new hires would further reinforce the company’s “strong industrial strategy”. It also stated that the investment would guarantee “greater agility…
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22 MarchDepartment Stores
Porcelain Superstore’s sales rise to £16m
Online tile retailer Porcelain Superstore has reported a rise in sales to £15.9m from £15m in 2021, recording its eighth consecutive year of growth despite supply chain issues. Sales for 2021 totaled £15m, more than doubling the £6.65m recorded during 2020. The amount in 2019 was £3,706,000, a significant rise…
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17 MarchClothing & Shoes
Brunello Cucinelli revenues rise 29.1% to €919.7m
Brunello Cucinelli has reported that its 2022 revenues increased to €919.7m (£807.2m), marking a 29.1% rise over 2021, according to its FY results for the period ending 31 December 2022. It said that its two retail and wholesale channels, which increased sales by 62% and 38% respectively, were cited as…
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