Portugal
This coverage examines retail market developments and business activity in Portugal, with a focus on insights relevant to UK-based professionals. Reporting highlights store openings, brand strategies, consumer trends, and competitive dynamics shaping the Portuguese retail environment. Designed for executives and managers assessing international opportunities, market entry strategies, and cross-border retail performance.
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Apr- 2025 -29 AprilNews-In-Brief
Today’s news in brief-29/4/25
Primark reported a 1% rise in sales to £4.47bn in the first half of the year, with adjusted operating profit up 8% to £540m. However, UK and Ireland sales fell by 4% due to cautious consumer spending and mild autumn weather affecting seasonal purchases. The retailer’s market share in the…
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29 AprilClothing & Shoes
Primark UK sales fall 4% in H1 as US and Europe boost growth
Primark’s sales grew by 1% to £4.47bn in the first half of the year, with adjusted operating profit up 8% to £540m, as weaker UK and Ireland sales were offset by growth across the US and Europe. In both the UK and Ireland, sales fell by 4% despite good like-for-like…
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8 AprilNews-In-Brief
Today’s news in brief-8/4/25
Levi Strauss & Co reported a strong start to 2025, with Q1 sales rising 3% to $1.5bn (£1.17bn) and adjusted EBITDA surging 47% to $204m (£159m), exceeding expectations. Direct-to-consumer revenues grew 9%, while wholesale sales increased 3%. The Levi’s brand saw an 8% global organic growth, with the Americas up…
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8 AprilClothing & Shoes
Primark to double footprint at White Rose Leeds
Primark has announced that it is set to double its presence at White Rose Shopping Centre in Leeds from from 26,200sq ft to 55,700sq ft. The expansion commenced this week (7 April) and is expected to be completed by 2027. The value retailer follows in the footsteps of JD which…
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Mar- 2025 -11 MarchClothing & Shoes
Mango turnover tops €3.3bn in 2024 amid record investment
Mango has hailed its “excellent” full-year results after turnover rose by 7.6% to €3.3bn (£2.8bn) in 2024, while net profit soared by 27% to €219m (£184m), in what the group has called the “best moment of its history” amid record investment. Over the period, full-year EBITDA rose by 19% to…
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Feb- 2025 -21 FebruaryNews-In-Brief
Today’s news in brief-21/2/25
UK retail sales saw a 1.7% rise in January 2025, driven primarily by a 5.6% surge in food sales, the largest monthly increase since March 2020, according to the Office for National Statistics (ONS). Despite this rebound, sales volumes over the three months to January fell by 0.6% compared to…
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21 FebruaryHigh Street
Primark to open first standalone homewares store in March
Primark has announced that it is set to open its first standalone homewares store in Belfast on 6 March 2025. The 8,700 sq ft one floor store is located in the iconic Fountain House building on Donegall Place in Belfast. Primark’s homeware offering will move out of the Bank Buildings,…
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Jan- 2025 -23 JanuaryNews-In-Brief
Today’s news in brief-23/1/25
Primark has revised its sales forecast for 2025 downwards following a challenging autumn trading period in the UK and Ireland. The company reported a 6% decline in like-for-like sales in these regions, largely attributed to cautious consumer sentiment and mild weather affecting seasonal clothing purchases. Despite a modest recovery during…
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23 JanuaryClothing & Shoes
Primark lowers FY guidance amid weak UK autumn trading
Primark has lowered its sales outlook for 2025 after the UK reported weak sales amid a “challenging retail environment” over the autumn period. In the UK and Ireland, which accounted for 45% of trading, like-for-like sales fell by 6% in the 16 weeks to 4 January 2025. In the UK…
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Nov- 2024 -27 NovemberSport & Leisure
JD Sports acquires Courir in €520m deal
JD Sports has completed its acquisition of French sneaker retailer Group Courir for €520m (£433m), which will be paid through a combination of existing cash and a drawdown on the group’s revolving credit facility. The acquisition, which was first announced on 9 May 2023, follows receipt of conditional clearance from…
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