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- 2024 -1 NovemberNews
Selfridges’ owner sees losses hit £340m in FY24
Selfridges parent company Cambridge Retail Group has suffered losses of £340.3m during the period that ended 3 February 2024. However, filings at Companies House show that group sales increased 95% to £1.5bn, compared to £804m the previous year. As well as Selfridges, Cambridge Retail Group includes Shel Holdings Europe in…
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Oct- 2024 -25 OctoberClothing & Shoes
Vinted eyes expansion beyond clothes amid €340m secondary share sale
Vinted has closed a secondary share sale of €340m (£283.5m) at a valuation of €5bn (£4.17bn) and is now looking to expand beyond clothes. In recent weeks, Vinted has begun the roll-out of a new category for electronics. The transaction, led by TPG, a leading global alternative asset manager, “validates…
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9 OctoberSport & Leisure
Angling Direct revenues rise to £45.8m
Angling Direct, the fishing equipment retailer, has announced a 5.6% increase in revenues to £45.8m for the six months ended 31 July 2024. The group’s store sales were up 8.4% to £26.4m, while its online sales rose 2.8% to £17.0m. Like-for-like store sales also increased by 1.8% underpinned by improved…
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Sep- 2024 -13 SeptemberNews
Today’s news in brief-13/9/24
Logistics UK warned that new EU fingerprint and facial recognition checks for non-EU passengers at Dover could cause delays, impacting fresh food deliveries crucial for Christmas. The Entry/Exit System (EES) implementation from November 10, 2024, threatens significant disruptions, prompting calls for public awareness campaigns. The British Retail Consortium (BRC) asserted…
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13 SeptemberClothing & Shoes
Hotter Shoes acquires German retailer Peter Hahn
Hotter Shoes owner Wourth Group has announced it has acquired German retailer Peter Hahn out of administration. The investment into Peter Hahn, a traditional and internationally active multi-channel company for fashion and lifestyle for so-called “best-ager” customers, with headquarters in Winterbach, is a decisive step towards the long-term reorganisation and…
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Jun- 2024 -11 JuneClothing & Shoes
White Stuff to launch wholesale arm in the US
White Stuff will be officially launching in the US this summer as part of its international expansion plans to double the size of its wholesale business over the next four years. The fashion retailer’s entrance into the US will be through several wholesale partners in Illinois, Indiana, Michigan, Iowa, Wisconsin…
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May- 2024 -15 MayNews
Today’s news in brief-15/5/24
Tesco CEO Ken Murphy has seen his pay more than double to nearly £10m, fueled by a 159% rise in pre-tax profits to £2.29bn and a 7.4% increase in group sales excluding VAT and fuel. This pay increase, largely due to a performance share plan, raised his compensation from £4.44m…
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15 MayDepartment Stores
Angling Direct reports pre-tax profit of £1.5m as sales surge
British fishing equipment retailer Angling Direct has reported pre-tax profits of £1.5m in FY24, up from £700,000 the prior year. It also recorded revenues of £81.7m, up 10.2% in the financial year to 31 January 2024. Store sales increased by 7.6% to £44.4m (2023 £41.3m) and online sales increased by…
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Apr- 2024 -29 AprilNews
Today’s news in brief-29/4/24
Ted Baker’s European operations are on the brink of administration, endangering 149 jobs. The potential collapse affects stores and concessions in the Netherlands, Belgium, and Spain. This development follows the appointment of restructuring firm Teneo as administrator of Ted Baker by its owner, Authentic Brands Group, after a £210m acquisition…
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29 AprilClothing & Shoes
Ted Baker’s European arm faces collapse, 149 jobs at risk
The European arm of Ted Baker is reportedly at risk of entering administration with 149 roles at risk.According to Drapers, businesses operating the retailer’s bricks-and-mortar stores in the Netherlands, Belgium and Spain are at risk of entering administration. The process is reportedly dependent on each of the country’s systems. The…
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