Netherlands
This coverage focuses on UK retailers’ activities, strategies, and market performance in the Netherlands, offering insights into cross-border operations and international growth. Reporting includes store launches, partnerships, market entry strategies, executive appointments, and financial results — helping retail professionals understand the opportunities and challenges of operating in the Dutch market.
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Nov- 2019 -19 NovemberOnline & Digital
AO World closes Netherlands arm amid losses of £6.2m
AO World has reported an underlying loss of £6.2m compared to £5.4m last year, resulting in the business to pull out of The Netherlands, less than four years after its launch. The online electricals retailer’s half year report for the period ending 30 September stated a statutory pre-tax loss of…
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Oct- 2019 -8 OctoberDIY
Ikea could face large EU back-tax bill
Swedish furniture giant Ikea is facing the possibility of having to pay millions of euros in back taxes, as the European Commission nears its investigation into the company. According to CityAm, the two-year probe into Ikea, which was launched after its parent company Inter Ikea was found to have avoided…
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Aug- 2019 -13 AugustHigh Street
Dr Martens profits soar in full-year results
Profits and sales at footwear retailer Dr Martens continued to rise last year, EBITDA for the period soared by 70% to £85m for the year ending 31 March. Group revenue increased by 30% to £454.4m, as the company focused on direct to consumer (DTC) channels, which now accounts for 44%…
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Feb- 2019 -5 FebruaryHigh Street
Carpetright CFO to step down as sales fall
Carpetright has reported its like-for-like sales “remained negative” during the 13 week period ending 26 January and also revealed its CFO is to leave the company. In the trading update Carpetright said that “as anticipated” its UK like-for-like sales remained negative for the period, although the trend improved from that…
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Nov- 2018 -1 NovemberDIY
Carpetright announces HY trading to be ‘heavily impacted’ by restructuring
Carpetright has said trading in its half-year update for the 26-week period ending 27 October was “heavily impacted” by the company’s restructuring which included 67 store closures. It said like-for-like performance remained negative in this second part of the period however “there was an improvement in the trend, as the…
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Aug- 2018 -22 AugustM&A
Moonpig owner acquires Dutch gift retailer
Photobox Group, the parent company of card and gift retailer Moonpig, has acquired Dutch online cards and gifting retailer Greetz. Greetz was founded in 2001 as an online greetings cards retailer and sold over 7.5 million cards in the Netherlands in 2017. The business has grown by 25% year-on-year and…
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Jul- 2018 -5 JulyHigh Street
Primark defies high street strife with 6% sales boost
Budget fashion retailer Primark has reported a 6% increase in sales in the 40 weeks to 23 June compared with the previous year. Associated British Foods (ABF), which owns Primark, said growth was driven by increased retail selling space in the UK and abroad, and as a result of “better…
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May- 2018 -3 MayAnalysis
REPORT: Comparing the US and European retail sectors
Dire predictions of mass bankruptcies in the US retail sector in the face of the ecommerce revolution have come true in the so-called “retail apocalypse”. Changing consumer habits with the growing popularity of online shopping and increasingly easy delivery options have led to slack growth, if not declines in…
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Apr- 2018 -11 AprilClothing & Shoes
Asos enjoys 22% sales growth
Fashion giant Asos has generated retail sales growth of 27% for the six months to 28 February 2018. The UK had growth of 22% with strong international growth of 31%, despite a “challenging market”. The firm said “extra enhancements” such as a ‘try before you buy’ scheme had contributed to…
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10 AprilLuxury Goods
Counterfeiting hits nearly half of brands
Almost half (47%) of brands lose sales revenue to counterfeit or pirated goods, new research from brand protection firm MarkMonitor has revealed. In the study conducted by market research firm Virtuous World, one in three respondents also reported a loss of more than 10%. Respondents from the UK, US, Denmark,…
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