Spain
This coverage explores UK retailers’ activities and strategies in the Spanish market, focusing on store openings, partnerships, consumer trends, and market expansion efforts. Reporting examines how businesses adapt operations to Spain’s retail environment — providing insight for executives, managers, and professionals managing international growth and cross-border retail strategies.
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Feb- 2024 -23 FebruaryClothing & Shoes
Zara owner expands budget brand Lefties in bid to rival Shein
Zara owner Inditex is reportedly expanding its low-priced, Gen Z-focused brand Lefties in a bid to be competitive against fast fashion rivals such as Shein. According to Reuters, the company is “quietly growing” its budget ranges as part of this strategy, including the expansion of Lefties, which sells €17.99 (£15)…
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22 FebruaryNews
Today’s news in brief-22/2/24
Taxpayers are expected to cover millions in redundancy payments for laid-off staff at The Body Shop as the company undergoes restructuring. The company’s administrators plan to close nearly half of its stores, affecting over 2,200 employees. Only staff with over two years of tenure qualify for redundancy pay, with payments…
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22 FebruaryOnline & Digital
Secret Sales FY23 sales rise 85% amid European expansion
Secret Sales has achieved an 85% rise in sales during 2023, as it continued its strategic expansion, and brand and retailer partnerships. During 2023, the retailer accelerated its European growth by entering Spain and Ireland, as well as extending its global reach to five regions and adding 250 new brands…
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16 FebruaryHigh Street
NWEC calls for return to tax-free shopping as tourist spending gap widens
The New West End Company (NWEC) has called for the return of tax-free shopping as the gap between the number of international visitors in London and the spending associated with them widened in the final quarter of last year. According to the latest figures released by NWEC, despite a recovery…
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7 FebruaryNews
Today’s news in brief-7/2/24
Amazon’s Luxury Stores in Europe have partnered with resale platform Hardly Ever Worn It to offer pre-owned luxury items across various categories. This collaboration aims to provide customers in the UK, Germany, Spain, and Italy with access to high-quality, designer goods that have hardly been worn. Hardly Ever Worn It…
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7 FebruaryClothing & Shoes
Amazon Fashion partners with resale platform Hardly Ever Worn It
Amazon’s fashion arm, Luxury Stores at Amazon In Europe, has announced its collaboration with resale platform Hardly Ever Worn It, offering an assortment of pre-owned items from “coveted” luxury brands. Customers in the UK, Germany, Spain and Italy can now browse pre-owned (but never or ‘hardly ever’ worn), designer items…
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2 FebruaryPeople Moves
Mamas and Papas names new CFO
Mamas and Papas has announced the appointment of Sarah Ashby, Asda’s former finance executive, as its new chief financial officer. The news comes as the retailer aims for a record year after reporting a successful Christmas trading period in 2023. Ashby, who officially joined the retailer on 19 January, most…
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Jan- 2024 -4 JanuaryNews
Mamas & Papas sales rise 17%
High street nursery brand Mamas and Papas has reported sales rose by 17% in the 13 weeks to 31 December. The retailer said a record Black Friday performance, which saw year on year sales increase 18% over the three-week period, provided “significant trading momentum heading into the crucial Christmas period”,…
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Dec- 2023 -21 DecemberNews
Today’s news in brief-21/12/23
Frasers Group has confirmed its acquisition of the Matches business from MF Intermediate Limited in a deal estimated at £52m. The deal involves the purchase of 100% of the shares of six companies, along with the senior and junior debt owed by these entities. The transaction, to be settled in…
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21 DecemberClothing & Shoes
Mango welcomes ‘record’ year as sales top €3bn
Mango has welcomed a “record” year of sales in 2023, with expectations that full-year turnover will hit €3bn (£2.6bn), surpassing its current sales record of €2.68bn (£2.3bn). The news comes as the Spanish fashion group expanded its online sales to 20 new countries in the last 12 months, exceeding 110…
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