Prada
This coverage explores Prada’s strategy, operations, and market presence within the UK luxury retail sector. Reporting highlights store developments, product launches, marketing campaigns, collaborations, and leadership decisions shaping the brand’s positioning. Designed for retail executives, brand managers, and professionals in premium and luxury markets, the content provides insights into how Prada competes and adapts in a dynamic retail environment.
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Mar- 2025 -4 MarchNews-In-Brief
Today’s news in brief-4/3/25
The Competition and Markets Authority (CMA) is close to approving Topps Tiles’ £9m acquisition of CTD Tiles after both companies offered to divest stores in Aberdeen, Inverness, Edinburgh, and Dorking to address competition concerns. The CMA had initially warned that the merger could reduce market competition, prompting an in-depth investigation.…
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4 MarchLuxury Goods
Prada nears €1.5bn Versace takeover deal
Prada is reportedly edging closer to acquiring Versace for €1.5bn (£1.2bn), the FT has reported. According to sources briefed on the discussions, after months of talking between Prada and Capri, which owns brands including Michael Kors and Jimmy Choo, an agreement could come “within weeks”. The talks have been prolonged…
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Jul- 2024 -31 JulyLuxury Goods
Prada’s revenues hit €2.5bn in H1
Prada Group’s revenues increased 17% YoY to €2.5bn (£2.1bn) during the first half of the year ended 30 June. Retail sales for the group increased 18% YoY to €2.2bn (£1.8bn), driven by like-for-like and full-price volumes. EBIT reached €575m (£485m). Sales at Prada during the first half of the year…
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Jun- 2024 -28 JuneHealth & Beauty
Superdrug opens largest UK store at Westfield Stratford
Superdrug has today (28 June) opened the doors to its biggest UK store in Westfield Stratford Shopping Centre, London. The store, which has doubled in size to 9,890 sq ft, continues Superdrug’s expanding bricks-and-mortar retail footprint. The retailer plans to open 25 new stores in 2024, as it celebrates its…
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20 JuneNews
Today’s news in brief-20/6/24
Sainsbury’s announced the sale of its banking arm’s personal loan, credit card, and retail deposit portfolios to NatWest, scheduled for completion next year. The sale, which excludes Sainsbury’s Bank’s commission income businesses like insurance and travel money, will involve Sainsbury’s paying NatWest £125m to take over the portfolios. Sainsbury’s plans…
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20 JuneHigh Street
The Perfume Shop sales rise 4% in run up to Father’s Day
UK specialist fragrance retailer The Perfume Shop has hailed an “outstanding” sales period for Father’s Day with a record 225,397 bottles sold over 14 days in the run up to 16 June 2023, seeing a 4% increase in sales compared with the same period in 2023. It said this equated…
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14 JuneNews
Today’s news in brief-14/6/24
The British Retail Consortium (BRC) has expressed support for the Labour Party’s manifesto, which aims to bring significant changes to benefit retailers and their customers. The BRC particularly appreciates Labour’s recognition of the flawed business rates system that stifles investment and results in numerous vacant retail properties. However, retailers are…
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14 JuneClothing & Shoes
Wolford appoints new chief executive
Wolford has announced that Regis Rimbert has been appointed as the group’s new chief executive, succeeding Silvia Azzali. Rimbert has more than 20 years of leadership experience across the fashion and luxury sectors, spearheading transformative initiatives in retail, online, and international operations. Wolford said that with “pivotal roles at renowned…
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Apr- 2024 -30 AprilNews
Today’s news in brief-30/4/24
Shop price inflation in the UK eased to 0.8% in April, a decrease from 1.3% in March, according to the latest data from the BRC-Nielsen Index. This decline suggests a trend towards normalising inflation levels after reaching a peak last year. The drop was particularly notable in non-food items, which…
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30 AprilClothing & Shoes
Frasers buys back Matches IP from administration
Frasers has announced that it has reached an agreement with the administrators of Matches Fashion to acquire certain intellectual property for an undisclosed sum. Under the terms of the transaction Frasers Group has granted a licence to the administrators that allows them to sell stock owned by Matches. All the…
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