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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Dec- 2022 -1 DecemberClothing & Shoes
Primark invests €100m into Spanish expansion
Primark has announced an investment of €100m (£86m) in the Spanish market including opening eight new stores and creating 1,000 jobs. The company will spend €80m (£69m) on opening the eight new stores and extending one existing store over the next two years. There are also plans to spend €20m…
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Nov- 2022 -24 NovemberDIY
Kingfisher lowers upper end of FY guidance
Home improvement retailer Kingfisher has lowered its upper guidance for its FY 22/23 pre-tax profit range despite seeing an increase in sales for the three months to October 31. The B&Q owner said it now expects its FY adjusted pre-tax profits to come in between £730m to £760m. However, overall…
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Oct- 2022 -17 OctoberClothing & Shoes
JD Sports increases stake in Deporvillage to 98%
JD Sports has announced the acquisition of an additional 18% holdings in the shares in sports equipment retailer, Deporvillage SL, for €19.8m (£17.1m). The sale was conducted by Iberian Sports Retail Group, JD’s Spanish holding company, from Xavier Pladellorens and Àngel Corcuera (co-founders). Following the transaction, ISRG now owns…
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Jul- 2022 -25 JulyComment
Pure London puts spotlight on Valencian footwear
Ariadna Vilalta on behalf of IVACE said: “Spanish footwear brands from the Valencia region are prestigious and recognised worldwide for their craftmanship, natural materials, quality, and generations of artisan-makers. There is an amazing connection between Spain and UK countries, and the Spanish footwear offer is well-known for its high quality,…
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4 JulyNews
Pret H1 revenues surge 230% to £357.8m
Pret A Manger has reported that its half year (H1) revenues in 2022 has grown by 230% year-on-year to £357.8m, up from £155.4m in H1 2021, and up by 160% from £223.4m in 2020. May saw revenues across the UK surpass 2019 levels for the first time, with “particularly strong”…
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May- 2022 -27 MayOnline & Digital
Mango debuts new digital wellness line
Mango, the European fashion group, is opening a new wellness line by integrating a selection of the Rituals catalogue and stock onto its online platform, in a bid to extend its commercial offering and service to customers. Mango’s marketplace will feature 150 Rituals products in six categories: bath and shower,…
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10 MayDIY
Ikea stores to receive €3bn investment by end of next year
Ingka Group is set to accelerate its expansion by investing more than €3bn (£2.57bn) in new and existing Ikea stores by the end of next year to help make Ikea more accessible for customers. It said the investment reflects the ongoing retail transformation and the company’s “unchanged determination to get…
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3 MayFeatures
Missguided: what went wrong?
As the face of online shopping for young women around the world, Missguided has faced its fair share of troubles despite its ever-present popularity within the fast fashion industry. Now the company is eyeing potential buyers, it puts into question the future of the business. Since its launch in March…
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Apr- 2022 -27 AprilNews
WHSmith H1 profits climb to £14m amid strong travel sales
WHSmith has announced its profits-before-tax climbed to £14m, up from a loss of £19m in 2021, due to an increase in travel revenues. In a trading update of its interim results for the six-month period ended 28 February 2022, Travel trading profit increased to £10m in 2022 from a loss…
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Mar- 2022 -16 MarchClothing & Shoes
Inditex FY21 profits surge 199% despite Omicron impact
Inditex, the parent company of Zara, has reported its income before tax surged 199% to €4.19bn (£3.53bn) between 1 February 2021 and 31 January 2022 (FY21), rising year-on-year from €1.4bn (£1.17bn). Net income also surged 193% to €3.2bn (£2.73bn) compared to €1.1bn (£9.29m) in FY20. Additionally, sales increased 36% year-on-year…
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