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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Nov- 2021 -18 NovemberNews
Card costs could soar £150m a year, BRC warns
Retailers in the UK and the EEA could now face an estimated £150m a year cost increase to accept cross-border card payments, with British retailers alone shouldering an extra £36.m, or £100,000 every day, the BRC has warned. The research, by retail payments advisory firm CMSPI, in conjunction with the…
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18 NovemberHigh Street
Eurofund Group launches UK retail arm
Eurofund Group, the international investment and real estate development company has officially launched a UK retail arm. The new UK division will be headed up by Alberto Esguevillas, former development director and country manager at Unibail-Rodamco-Westfield, who has taken the role of CEO UK. He is joined by Mike Rhydderch,…
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9 NovemberClothing & Shoes
Primark plans global expansion despite sales slump
Primark has seen like-for-like sales fall by 12% in its latest full-year results, as ongoing store closures and trading restrictions “inevitably” led to a “significant” loss of sales and profit in the period. While its parent group, Associated British Foods (ABF), said there was “no doubt” that Primark was “seen…
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Oct- 2021 -11 OctoberHigh Street
Poundland owner names new chief operating officer
Pepco Group, the owner of budget retailer Poundland, has announced the appointment of Trevor Masters as the group’s chief operating officer (COO), effective from 1 January 2022. Masters will be based in Poland and retain his current leadership responsibilities as managing director (MD) as well as providing “strategic direction and…
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Sep- 2021 -22 SeptemberSupply Chain
Yoox Net-A-Porter doubles global inventory capacity
Yoox Net-A-Porter has opened a new single hub in Italy that will help to serve all of its Net-A-Porter and Mr Porter’s global customer base, doubling the stores’ existing inventory capacity. Located in Landriano, near Milan, Yoox Net-A-Porter said the new €47m (£40m) distribution centre represents one of its “most…
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8 SeptemberEconomy
UK shoppers buying internationally drops 14%
The proportion of UK shoppers buying internationally reportedly dropped 14% to just over one in 10 (31%) in 2021. According to research conducted by Sendcloud, a shipping platform for e-commerce businesses, 56% of EU consumers claimed to shop internationally, a fall of just 5% from 2020. The group’s annual e-commerce…
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Jul- 2021 -1 JulyClothing & Shoes
Gap to close all UK and Ireland stores
Gap has announced plans to close all 81 of its UK and Ireland stores following a strategic review of its European business. The move comes as a part of the group’s 2023 power plan, which commenced with a strategic review of Gap’s European operations last year. While the closures will…
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Jun- 2021 -28 JuneSport & Leisure
JD Sports snaps up Spanish online retailer
JD Sports had agreed to acquire Deporvillage, a Spanish online retailer focussing on the sale of specialist sports equipment, for €140.4m (£120.4m). The group’s 50.02% intermediate holding company in Spain, entered into a conditional agreement to acquire 80% of the issued shares in Deporvillage SL. Based in Manresa in Catalonia,…
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28 JuneClothing & Shoes
Burberry CEO to step down
Burberry has announced that Marco Gobbetti will step down as CEO and leave the company after nearly five years at the helm. The board will now begin the search for his successor and anticipate that Gobbetti will remain with the retailer until the end of the calendar year. In that…
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9 JuneClothing & Shoes
Gap to step away from 19 UK sites
Gap is set to close 19 of its stores across the UK and Ireland as their leases expire on 31 July 2021. The US clothing and accessories retailer confirmed that is stepping away from the sites as part of a strategic review of its operations, which commenced last Autumn. While…
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